Is Sellersville, 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, Sellersville was a Seller's Market.
Housing Prices in Sellersville, PA
How much do homes in Sellersville, PA cost?
Median Sold Price
$425,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sellersville was $425,000 in May 2024, up 20.6% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $184.9K | N/A |
2 Bedrooms | $250K | $285K | +14.0% |
3 Bedrooms | $350K | $366K | +4.6% |
4 Bedrooms | $515K | $610K | +18.4% |
5+ Bedrooms | $692.5K | $482.5K | -30.3% |
Summary: Sellersville 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 14%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 30.3%.
Median Sold Price Compared To Nearby Cities
East Rockhill Township | $435K | $575K | +32.2% |
Sellersville | $352.5K | $425K | +20.6% |
West Rockhill Township | $405K | $442.5K | +9.3% |
Perkasie | $425K | $433.2K | +1.9% |
Housing Supply in Sellersville, PA
How many homes are available in Sellersville, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 25 | +66.7% |
Summary: The Sellersville real estate market had 25 homes for sale in May 2024, a 66.7% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 7 | 16 | +128.6% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sellersville 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 increased by 50%, 3 bedroom homes increased by 128.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Sellersville in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Sellersville, PA
How long does it take to sell a home in Sellersville, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 5 Days | -76.0% |
Summary: Homes in Sellersville had an average of 5 days on market in May 2024, down by 76% compared to last year.
Breakdown of Home Sale Times
3 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, 3 homes were sold in Sellersville; 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.