Is West Bradford Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, West Bradford Township has remained a Seller's Market.
Housing Prices in West Bradford Township, PA
How much do homes in West Bradford Township, PA cost?
Median Sold Price
$550,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Bradford Township was $550,000 in April 2024, up 10% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $399.9K | $535K | +33.8% |
3 Bedrooms | $422.5K | $460K | +8.9% |
4 Bedrooms | $700K | $652.5K | -6.8% |
5+ Bedrooms | $849.9K | $875K | +3.0% |
Summary: West Bradford Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.8%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
Downingtown | $445.5K | $520.4K | +16.8% |
West Bradford Township | $500K | $550K | +10.0% |
East Bradford Township | $655K | $691.9K | +5.6% |
Pocopson Township | $750K | $770K | +2.7% |
East Caln Township | $463.5K | $408K | -12.0% |
Housing Supply in West Bradford Township, PA
How many homes are available in West Bradford Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 33 | +13.8% |
Summary: The West Bradford Township real estate market had 33 homes for sale in April 2024, a 13.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The West Bradford Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in West Bradford Township in April 2024, the same as the previous month. Of the 9 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for West Bradford Township, PA
How long does it take to sell a home in West Bradford Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 3 Days | -92.0% |
Summary: Homes in West Bradford Township had an average of 3 days on market in Apr 2024, down by 92% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in West Bradford Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.