Is West Fallowfield 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, West Fallowfield Township was a Seller's Market.
Housing Prices in West Fallowfield Township, PA
How much do homes in West Fallowfield Township, PA cost?
Median Sold Price
$400,000
$161/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in West Fallowfield Township was $400,000 in February 2024, down 23% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $497.3K | $400K | -19.6% |
4 Bedrooms | $1.1M | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: West Fallowfield Township housing prices by bedroom type for February 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 decreased by 19.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Cochranville | $519.7K | $510K | -1.9% |
West Fallowfield Township | $519.7K | $400K | -23.0% |
Housing Supply in West Fallowfield Township, PA
How many homes are available in West Fallowfield Township, PA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Summary: The West Fallowfield Township real estate market had 12 homes for sale in February 2024, a 7.7% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Fallowfield Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in West Fallowfield Township in February 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for West Fallowfield Township, PA
How long does it take to sell a home in West Fallowfield Township, PA?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
33 Days | 40 Days | +20.0% |
Summary: Homes in West Fallowfield Township had an average of 40 days on market in Feb 2024, up by 20% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in West Fallowfield Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.