$45,000
0.39 Acres
Land
Constance M Johnson, Listing Office: NextHome Virtue Realty
Is West Brandywine Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, West Brandywine Township has remained a Seller's Market.
Key Takeaway
West Brandywine Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Brandywine Township, PA
How much do homes in West Brandywine Township, PA cost?
Median Sold Price
$629,450
$205/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$239,450(+61.4%)
Key Takeaway
Homes in West Brandywine Township have sold for 61.4% more than they did a month ago.
Summary: The median home sold price in West Brandywine Township was $629,450 in September 2024, up 61.4% from last month, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $369.7K | $440K | +19.0% |
| 4 Bedrooms | $456.8K | $629.4K | +37.8% |
| 5+ Bedrooms | - | $750K | N/A |
Summary: West Brandywine Township housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 37.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Brandywine Township | $390K | $629.4K | +61.4% |
| Honey Brook Township | $399.5K | $430K | +7.6% |
Housing Supply in West Brandywine Township, PA
How many homes are available in West Brandywine Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The West Brandywine Township real estate market had 19 homes for sale in September 2024, a 9.5% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The West Brandywine Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Brandywine Township, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in West Brandywine Township in September 2024, up by 14.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for West Brandywine Township, PA
How long does it take to sell a home in West Brandywine Township, PA?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 55 Days | 21 Days | -61.1% |
Summary: Homes in West Brandywine Township had an average of 21 days on market in Sep 2024, down by 61.1% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Brandywine Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 8 homes were sold in West Brandywine Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
