Is East Coventry Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, East Coventry Township was a Seller's Market.
Housing Prices in East Coventry Township, PA
How much do homes in East Coventry Township, PA cost?
Median Sold Price
$400,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Coventry Township was $400,000 in May 2024, up 7.4% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $310K | $275.5K | -11.1% |
3 Bedrooms | $355K | $392.5K | +10.6% |
4 Bedrooms | $600K | $400K | -33.3% |
5+ Bedrooms | $480K | $740K | +54.2% |
Summary: East Coventry 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 11.1%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 54.2%.
Median Sold Price Compared To Nearby Cities
Pottstown | $271.6K | $310K | +14.1% |
North Coventry Township | $385K | $436K | +13.2% |
East Coventry Township | $372.5K | $400K | +7.4% |
Lower Pottsgrove Township | $350K | $342.5K | -2.1% |
East Vincent Township | $520K | $502K | -3.5% |
Housing Supply in East Coventry Township, PA
How many homes are available in East Coventry Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 24 | +33.3% |
Summary: The East Coventry Township real estate market had 24 homes for sale in May 2024, a 33.3% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 7 | 12 | +71.4% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The East Coventry 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in East Coventry Township in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for East Coventry Township, PA
How long does it take to sell a home in East Coventry Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 2 Days | -83.3% |
Summary: Homes in East Coventry Township had an average of 2 days on market in May 2024, down by 83.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in East Coventry Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.