Is Whitemarsh Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Whitemarsh Township was a Seller's Market.
Housing Prices in Whitemarsh Township, PA
How much do homes in Whitemarsh Township, PA cost?
Median Sold Price
$574,500
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Whitemarsh Township was $574,500 in March 2024, up 1.7% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $165K | N/A |
2 Bedrooms | $445K | $395K | -11.2% |
3 Bedrooms | $475K | $485K | +2.1% |
4 Bedrooms | $710K | $700K | -1.4% |
5+ Bedrooms | $849.5K | $1.1M | +30.7% |
Summary: Whitemarsh Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 30.7%.
Median Sold Price Compared To Nearby Cities
Plymouth Meeting | $470K | $507.5K | +8.0% |
Plymouth Township | $466.2K | $497.5K | +6.7% |
Springfield Township | $449.9K | $465.3K | +3.4% |
Whitemarsh Township | $565K | $574.5K | +1.7% |
Housing Supply in Whitemarsh Township, PA
How many homes are available in Whitemarsh Township, PA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 54 | +1.9% |
Summary: The Whitemarsh Township real estate market had 54 homes for sale in March 2024, a 1.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 24 | 27 | +12.5% |
4 Bedrooms | 21 | 17 | -19.0% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Whitemarsh Township housing inventory by bedroom type for March 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 12.5%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 2 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Whitemarsh Township in March 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Whitemarsh Township, PA
How long does it take to sell a home in Whitemarsh Township, PA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 10 Days | -53.5% |
Summary: Homes in Whitemarsh Township had an average of 10 days on market in Mar 2024, down by 53.5% 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
Summary: During March 2024, 2 homes were sold in Whitemarsh 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.