Is Blakeslee, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Blakeslee was a Seller's Market.
Key Takeaway
Blakeslee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Blakeslee, PA
How much do homes in Blakeslee, PA cost?
Median Sold Price
$272,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Blakeslee have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Blakeslee was $272,000 in May 2024, down 1.1% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | - | N/A |
| 2 Bedrooms | $239.9K | $210.5K | -12.3% |
| 3 Bedrooms | $262.5K | $272K | +3.6% |
| 4 Bedrooms | $392K | $362.7K | -7.5% |
| 5+ Bedrooms | $397.5K | $515K | +29.6% |
Summary: Blakeslee 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 12.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 29.6%.
Median Sold Price Compared To Nearby Cities
| Tunkhannock Township | $275K | $289.9K | +5.4% |
| Lake Harmony | $436.7K | $450K | +3.0% |
| Kidder Township | $390K | $391.9K | 0.5% |
| Blakeslee | $275K | $272K | -1.1% |
| Tobyhanna Township | $266K | $250K | -6.0% |
Housing Supply in Blakeslee, PA
How many homes are available in Blakeslee, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Blakeslee real estate market had 12 homes for sale in May 2024, a 7.7% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Blakeslee 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
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 Blakeslee, 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 Blakeslee in May 2024, down by 66.7% month-over-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 Blakeslee, PA
How long does it take to sell a home in Blakeslee, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 19 Days | 29 Days | +48.2% |
Summary: Homes in Blakeslee had an average of 29 days on market in May 2024, up by 48.2% 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 Blakeslee are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Blakeslee; 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.
