Is 19060, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 19060 has remained a Seller's Market.
Key Takeaway
19060 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19060, PA
How much do homes in 19060, PA cost?
Median Sold Price
$600,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 19060 have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in 19060 was $600,000 in May 2024, up 3.4% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $403.7K | $397K | -1.7% |
| 3 Bedrooms | $500K | $547.5K | +9.5% |
| 4 Bedrooms | $701.1K | $702K | 0.1% |
| 5+ Bedrooms | $915K | $835K | -8.7% |
Summary: 19060 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 8.7%.
Housing Supply in 19060, PA
How many homes are available in 19060, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 40 | +17.6% |
Summary: The 19060 real estate market had 40 homes for sale in May 2024, a 17.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 12 | 17 | +41.7% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The 19060 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19060, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in 19060 in May 2024, up by 25.0% month-over-month. Of the 10 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for 19060, PA
How long does it take to sell a home in 19060, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 7 Days | -47.2% |
Summary: Homes in 19060 had an average of 7 days on market in May 2024, down by 47.2% compared to last year.
Breakdown of Home Sale Times
10 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 19060 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in 19060; 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.
