Is Colebrookdale 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, Colebrookdale Township has remained a Seller's Market.
Housing Prices in Colebrookdale Township, PA
How much do homes in Colebrookdale Township, PA cost?
Median Sold Price
$286,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Colebrookdale Township was $286,000 in May 2024, up 7.9% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $142K | N/A |
2 Bedrooms | $217.5K | $238K | +9.4% |
3 Bedrooms | $265K | $281.5K | +6.2% |
4 Bedrooms | $400K | $325K | -18.8% |
5+ Bedrooms | - | $460K | N/A |
Summary: Colebrookdale 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 increased by 9.4%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Colebrookdale Township | $265K | $286K | +7.9% |
Boyertown | $272.4K | $284.9K | +4.6% |
Douglass Township | $385K | $375K | -2.6% |
Housing Supply in Colebrookdale Township, PA
How many homes are available in Colebrookdale Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Summary: The Colebrookdale Township real estate market had 14 homes for sale in May 2024, a 6.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Colebrookdale Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Colebrookdale Township in May 2024, the same as the previous month. Of the 5 sold homes, 0% were sold under asking, 60% were sold at asking, and 40% were sold over asking.
Days on Market for Colebrookdale Township, PA
How long does it take to sell a home in Colebrookdale Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 5 Days | -28.3% |
Summary: Homes in Colebrookdale Township had an average of 5 days on market in May 2024, down by 28.3% compared to last year.
Breakdown of Home Sale Times
5 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, 5 homes were sold in Colebrookdale 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.