Is Sewickley Heights, 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, Sewickley Heights has remained a Buyer's Market.
Key Takeaway
Sewickley Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sewickley Heights, PA
How much do homes in Sewickley Heights, PA cost?
Median Sold Price
$804,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sewickley Heights have sold for 53.9% less than they did a year ago.
Summary: The median home sold price in Sewickley Heights was $804,000 in April 2024, down 53.9% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.3M | - | N/A |
| 3 Bedrooms | - | $615K | N/A |
| 4 Bedrooms | $1.5M | $1.0M | -32.5% |
| 5+ Bedrooms | $2.2M | $825K | -63.7% |
Summary: Sewickley Heights 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 32.5%, and 5+ bedroom homes decreased by 63.7%.
Median Sold Price Compared To Nearby Cities
| Sewickley | $436.2K | $470K | +7.7% |
| Sewickley Heights | $1.7M | $804K | -53.9% |
Housing Supply in Sewickley Heights, PA
How many homes are available in Sewickley Heights, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Sewickley Heights real estate market had 12 homes for sale in April 2024, a 7.7% 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 | 3 | 3 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Sewickley Heights 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 decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sewickley Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Sewickley Heights in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sewickley Heights, PA
How long does it take to sell a home in Sewickley Heights, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 7 Days | -56.3% |
Summary: Homes in Sewickley Heights had an average of 7 days on market in Apr 2024, down by 56.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sewickley Heights are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Sewickley Heights; 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.
