Is Washington Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Washington Township was a Neutral Market.
Housing Prices in Washington Township, PA
How much do homes in Washington Township, PA cost?
Median Sold Price
$180,750
$147/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Washington Township was $180,750 in March 2024, down 13.1% from last month, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $152.4K | $82.5K | -45.9% |
3 Bedrooms | $208K | $210K | +1.0% |
4 Bedrooms | $332.5K | $339.9K | +2.2% |
5+ Bedrooms | - | $385K | N/A |
Summary: Washington Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 45.9%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes did not change.
Housing Supply in Washington Township, PA
How many homes are available in Washington Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
125 | 148 | +18.4% |
Summary: The Washington Township real estate market had 148 homes for sale in March 2024, a 18.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 31 | 29 | -6.5% |
3 Bedrooms | 72 | 85 | +18.1% |
4 Bedrooms | 16 | 21 | +31.3% |
5+ Bedrooms | 5 | 10 | +100.0% |
Summary: The Washington Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 32 | +68.4% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Washington Township in March 2024, up by 68.4% month-over-month. Of the 32 sold homes, 53% were sold under asking, 25% were sold at asking, and 22% were sold over asking.
Days on Market for Washington Township, PA
How long does it take to sell a home in Washington Township, PA?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 53 Days | +4.1% |
Summary: Homes in Washington Township had an average of 53 days on market in Mar 2024, up by 4.1% compared to last month.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in Washington Township; 47% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.