Is North Catasauqua, 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, North Catasauqua has remained a Seller's Market.
Key Takeaway
North Catasauqua is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Catasauqua, PA
How much do homes in North Catasauqua, PA cost?
Median Sold Price
$495,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Catasauqua have sold for 41.4% more than they did a year ago.
Summary: The median home sold price in North Catasauqua was $495,000 in May 2024, up 41.4% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $145K | -27.5% |
| 3 Bedrooms | $210K | $251K | +19.5% |
| 4 Bedrooms | $509.9K | $542.7K | +6.4% |
| 5+ Bedrooms | $367K | $331K | -9.8% |
Summary: North Catasauqua 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 27.5%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Cities
| North Catasauqua | $350K | $495K | +41.4% |
| Whitehall Township | $300K | $315K | +5.0% |
| Whitehall | $300K | $315K | +5.0% |
| Catasauqua | $250K | $260K | +4.0% |
Housing Supply in North Catasauqua, PA
How many homes are available in North Catasauqua, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The North Catasauqua real estate market had 15 homes for sale in May 2024, a 11.8% decrease 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 | 4 | 2 | -50.0% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Catasauqua 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Catasauqua, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in North Catasauqua in May 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for North Catasauqua, PA
How long does it take to sell a home in North Catasauqua, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 3 Days | 17 Days | +466.7% |
Summary: Homes in North Catasauqua had an average of 17 days on market in May 2024, up by 466.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Catasauqua are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in North Catasauqua; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
