Is Colmar, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Colmar has remained a Seller's Market.
Key Takeaway
Colmar is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Colmar, PA
How much do homes in Colmar, PA cost?
Median Sold Price
$515,555
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Colmar has remained the same since last year.
Summary: The median home sold price in Colmar was $515,555 in April 2024, down 0.4% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $280K | $230K | -17.9% |
| 3 Bedrooms | $428K | $515.5K | +20.5% |
| 4 Bedrooms | $526.9K | $526.2K | -0.1% |
| 5+ Bedrooms | $582.5K | - | N/A |
Summary: Colmar 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 decreased by 17.9%, 3 bedroom homes increased by 20.5%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Montgomery Township | $467.9K | $500K | +6.8% |
| New Britain Township | $500K | $505K | +1.0% |
| Colmar | $517.5K | $515.5K | -0.4% |
| Hatfield Township | $467K | $458.7K | -1.8% |
Housing Supply in Colmar, PA
How many homes are available in Colmar, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Summary: The Colmar real estate market had 2 homes for sale in April 2024, a 100.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Colmar 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Colmar, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Colmar in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Colmar, PA
How long does it take to sell a home in Colmar, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 54 Days | 33 Days | -38.9% |
Summary: Homes in Colmar had an average of 33 days on market in Apr 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Colmar has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Colmar; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
