Is Cecil Township, 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, Cecil Township has remained a Seller's Market.
Housing Prices in Cecil Township, PA
How much do homes in Cecil Township, PA cost?
Median Sold Price
$359,950
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cecil Township was $359,950 in May 2024, up 2.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $217.5K | $225K | +3.4% |
3 Bedrooms | $327.4K | $333.2K | +1.8% |
4 Bedrooms | $475K | $464.5K | -2.2% |
5+ Bedrooms | $707.5K | $725K | +2.5% |
Summary: Cecil Township 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 3.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Cities
Lawrence | $242.4K | $269.9K | +11.3% |
Cecil Township | $351.7K | $359.9K | +2.3% |
Canonsburg | $364.8K | $364.3K | -0.1% |
Housing Supply in Cecil Township, PA
How many homes are available in Cecil Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
58 | 61 | +5.2% |
Summary: The Cecil Township real estate market had 61 homes for sale in May 2024, a 5.2% 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 | 9 | 7 | -22.2% |
3 Bedrooms | 27 | 32 | +18.5% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Cecil Township 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 22.2%, 3 bedroom homes increased by 18.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 18 | +38.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Cecil Township in May 2024, up by 38.5% month-over-month. Of the 18 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% were sold over asking.
Days on Market for Cecil Township, PA
How long does it take to sell a home in Cecil Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 32 Days | -24.7% |
Summary: Homes in Cecil Township had an average of 32 days on market in May 2024, down by 24.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Cecil Township; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.