Is West Vincent Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, West Vincent Township was a Neutral Market.
Key Takeaway
West Vincent Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Vincent Township, PA
How much do homes in West Vincent Township, PA cost?
Median Sold Price
$752,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Vincent Township have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in West Vincent Township was $752,000 in April 2024, up 5.9% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $642.5K | $565K | -12.1% |
| 4 Bedrooms | $727.5K | $875K | +20.3% |
| 5+ Bedrooms | $970K | $1.2M | +26.0% |
Summary: West Vincent 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 did not change, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 26%.
Median Sold Price Compared To Nearby Cities
| West Vincent Township | $710K | $752K | +5.9% |
| Chester Springs | $675K | $675K | 0.0% |
| East Vincent Township | $561K | $490K | -12.7% |
Housing Supply in West Vincent Township, PA
How many homes are available in West Vincent Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The West Vincent Township real estate market had 19 homes for sale in April 2024, the same as 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 | 4 | 5 | +25.0% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The West Vincent 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 increased by 25%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Vincent Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in West Vincent Township in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for West Vincent Township, PA
How long does it take to sell a home in West Vincent Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 4 Days | -92.5% |
Summary: Homes in West Vincent Township had an average of 4 days on market in Apr 2024, down by 92.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Vincent Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in West Vincent 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.
