Is Limerick Township, 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, Limerick Township has remained a Seller's Market.
Housing Prices in Limerick Township, PA
How much do homes in Limerick Township, PA cost?
Median Sold Price
$465,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Limerick Township was $465,000 in April 2024, up 15.9% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $200K | -4.8% |
2 Bedrooms | $245K | $278.2K | +13.6% |
3 Bedrooms | $390K | $472.4K | +21.2% |
4 Bedrooms | $630K | $646K | +2.5% |
5+ Bedrooms | $650K | $743.2K | +14.3% |
Summary: Limerick Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 14.3%.
Median Sold Price Compared To Nearby Cities
Royersford | $350K | $405.8K | +16.0% |
Limerick Township | $401.2K | $465K | +15.9% |
Pottstown | $270K | $305.8K | +13.3% |
Lower Pottsgrove Township | $350K | $337.5K | -3.6% |
East Vincent Township | $561K | $490K | -12.7% |
Housing Supply in Limerick Township, PA
How many homes are available in Limerick Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 43 | +26.5% |
Summary: The Limerick Township real estate market had 43 homes for sale in April 2024, a 26.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 11 | 19 | +72.7% |
4 Bedrooms | 14 | 16 | +14.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Limerick Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 72.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Limerick Township in April 2024, the same as the previous month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.
Days on Market for Limerick Township, PA
How long does it take to sell a home in Limerick Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 7 Days | -55.2% |
Summary: Homes in Limerick Township had an average of 7 days on market in Apr 2024, down by 55.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Limerick Township; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.