Is West Deer 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, West Deer Township has remained a Seller's Market.
Housing Prices in West Deer Township, PA
How much do homes in West Deer Township, PA cost?
Median Sold Price
$304,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Deer Township was $304,000 in April 2024, up 7.1% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $152.4K | $182K | +19.4% |
3 Bedrooms | $295K | $303.5K | +2.9% |
4 Bedrooms | $321K | $349.9K | +9.0% |
5+ Bedrooms | $191K | $445K | +133.0% |
Summary: West Deer Township 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 increased by 19.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 133%.
Median Sold Price Compared To Nearby Cities
West Deer Township | $283.7K | $304K | +7.1% |
Gibsonia | $405.1K | $412K | +1.7% |
Housing Supply in West Deer Township, PA
How many homes are available in West Deer Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 37 | +8.8% |
Summary: The West Deer Township real estate market had 37 homes for sale in April 2024, a 8.8% increase 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 | 4 | 8 | +100.0% |
3 Bedrooms | 21 | 23 | +9.5% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The West Deer Township 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 increased by 100%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in West Deer Township in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for West Deer Township, PA
How long does it take to sell a home in West Deer Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 25 Days | -60.1% |
Summary: Homes in West Deer Township had an average of 25 days on market in Apr 2024, down by 60.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in West Deer Township; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.