Is Colwyn, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Colwyn was a Buyer's Market.
Housing Prices in Colwyn, PA
How much do homes in Colwyn, PA cost?
Median Sold Price
$144,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Colwyn was $144,000 in April 2024, up 2.9% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | - | N/A |
2 Bedrooms | $79K | $55.5K | -29.7% |
3 Bedrooms | $162.4K | $157.4K | -3.1% |
4 Bedrooms | $95K | $152.5K | +60.5% |
5+ Bedrooms | $225K | $90K | -60.0% |
Summary: Colwyn 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 29.7%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 60.5%, and 5+ bedroom homes decreased by 60%.
Median Sold Price Compared To Nearby Cities
Sharon Hill | $167.5K | $199.5K | +19.1% |
Darby | $154.9K | $169.9K | +9.7% |
Colwyn | $140K | $144K | +2.9% |
Darby Township | $187K | $189.9K | +1.6% |
Philadelphia | $269.6K | $258.8K | -4.0% |
Housing Supply in Colwyn, PA
How many homes are available in Colwyn, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 13 | -18.8% |
Summary: The Colwyn real estate market had 13 homes for sale in April 2024, a 18.8% decrease 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 | 0 | 0 | 0.0% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Colwyn 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 decreased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Colwyn in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Colwyn, PA
How long does it take to sell a home in Colwyn, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 27 Days | -19.1% |
Summary: Homes in Colwyn had an average of 27 days on market in Apr 2024, down by 19.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Colwyn; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.