Is Breinigsville, 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, Breinigsville has remained a Seller's Market.
Key Takeaway
Breinigsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Breinigsville, PA
How much do homes in Breinigsville, PA cost?
Median Sold Price
$462,745
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Breinigsville have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Breinigsville was $462,745 in May 2024, up 6.6% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $258K | $471.4K | +82.7% |
| 3 Bedrooms | $392.5K | $400.9K | +2.2% |
| 4 Bedrooms | $532.5K | $556.2K | +4.5% |
| 5+ Bedrooms | $755K | $708.5K | -6.2% |
Summary: Breinigsville 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 increased by 82.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 6.2%.
Median Sold Price Compared To Nearby Cities
| Upper Macungie Township | $425K | $471.4K | +10.9% |
| Breinigsville | $434K | $462.7K | +6.6% |
| Fogelsville | $620K | $635.2K | +2.5% |
Housing Supply in Breinigsville, PA
How many homes are available in Breinigsville, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 52 | 41 | -21.2% |
Summary: The Breinigsville real estate market had 41 homes for sale in May 2024, a 21.2% decrease 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 | 21 | 19 | -9.5% |
| 3 Bedrooms | 24 | 17 | -29.2% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Breinigsville 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 9.5%, 3 bedroom homes decreased by 29.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 8 | -55.6% |
Asking Price vs. Sold Price
0 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 Breinigsville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Breinigsville in May 2024, down by 55.6% month-over-month. Of the 8 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Breinigsville, PA
How long does it take to sell a home in Breinigsville, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 45 Days | 12 Days | -72.4% |
Summary: Homes in Breinigsville had an average of 12 days on market in May 2024, down by 72.4% compared to last year.
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 Breinigsville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 8 homes were sold in Breinigsville; 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.
