Is Upper Saucon 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, Upper Saucon Township has remained a Seller's Market.
Housing Prices in Upper Saucon Township, PA
How much do homes in Upper Saucon Township, PA cost?
Median Sold Price
$506,500
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Upper Saucon Township was $506,500 in May 2024, down 3.5% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $335K | $330K | -1.5% |
3 Bedrooms | $388.5K | $415K | +6.8% |
4 Bedrooms | $678K | $590K | -13.0% |
5+ Bedrooms | $812K | $870K | +7.1% |
Summary: Upper Saucon 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 decreased by 1.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
Coopersburg | $394.9K | $425K | +7.6% |
Springfield Township | $430K | $452K | +5.1% |
Salisbury Township | $312K | $327.9K | +5.1% |
Center Valley | $470K | $462.2K | -1.7% |
Upper Saucon Township | $525K | $506.5K | -3.5% |
Housing Supply in Upper Saucon Township, PA
How many homes are available in Upper Saucon Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
68 | 80 | +17.6% |
Summary: The Upper Saucon Township real estate market had 80 homes for sale in May 2024, a 17.6% increase 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 | 1 | 1 | 0.0% |
3 Bedrooms | 29 | 35 | +20.7% |
4 Bedrooms | 24 | 25 | +4.2% |
5+ Bedrooms | 14 | 19 | +35.7% |
Summary: The Upper Saucon Township 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 increased by 20.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 35.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Upper Saucon Township in May 2024, up by 70.0% month-over-month. Of the 17 sold homes, 24% were sold under asking, 18% were sold at asking, and 59% were sold over asking.
Days on Market for Upper Saucon Township, PA
How long does it take to sell a home in Upper Saucon Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 10 Days | -73.6% |
Summary: Homes in Upper Saucon Township had an average of 10 days on market in May 2024, down by 73.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in Upper Saucon Township; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.