Is East Bradford 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, East Bradford Township has remained a Seller's Market.
Housing Prices in East Bradford Township, PA
How much do homes in East Bradford Township, PA cost?
Median Sold Price
$660,045
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Bradford Township was $660,045 in May 2024, up 1.5% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $252K | N/A |
2 Bedrooms | $380K | $375K | -1.3% |
3 Bedrooms | $475K | $528.5K | +11.3% |
4 Bedrooms | $685K | $765.5K | +11.8% |
5+ Bedrooms | $964K | $1.0M | +10.0% |
Summary: East Bradford 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 decreased by 1.3%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
West Chester | $525K | $560K | +6.7% |
West Goshen Township | $559.9K | $591K | +5.6% |
East Bradford Township | $650K | $660K | +1.5% |
West Bradford Township | $541.2K | $530K | -2.1% |
East Caln Township | $442K | $414K | -6.3% |
Housing Supply in East Bradford Township, PA
How many homes are available in East Bradford Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 36 | +12.5% |
Summary: The East Bradford Township real estate market had 36 homes for sale in May 2024, a 12.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The East Bradford 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 25%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 9 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in East Bradford Township in May 2024, down by 25.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% were sold over asking.
Days on Market for East Bradford Township, PA
How long does it take to sell a home in East Bradford Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
9 Days | 11 Days | +25.1% |
Summary: Homes in East Bradford Township had an average of 11 days on market in May 2024, up by 25.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in East Bradford Township; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.