Is West Bradford 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, West Bradford Township has remained a Seller's Market.
Housing Prices in West Bradford Township, PA
How much do homes in West Bradford Township, PA cost?
Median Sold Price
$530,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Bradford Township was $530,000 in May 2024, down 2.1% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $399.9K | $535K | +33.8% |
3 Bedrooms | $422.5K | $461.5K | +9.2% |
4 Bedrooms | $709K | $576.2K | -18.7% |
5+ Bedrooms | $857.4K | $875K | +2.0% |
Summary: West Bradford 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 33.8%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 18.7%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
Downingtown | $459.2K | $522.5K | +13.8% |
Pocopson Township | $750.7K | $790K | +5.2% |
East Bradford Township | $650K | $660K | +1.5% |
West Bradford Township | $541.2K | $530K | -2.1% |
East Caln Township | $442K | $414K | -6.3% |
Housing Supply in West Bradford Township, PA
How many homes are available in West Bradford Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 33 | 0.0% |
Summary: The West Bradford Township real estate market had 33 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The West Bradford 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 increased by 100%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in West Bradford Township in May 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 0% were sold at asking, and 86% were sold over asking.
Days on Market for West Bradford Township, PA
How long does it take to sell a home in West Bradford Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 4 Days | -80.5% |
Summary: Homes in West Bradford Township had an average of 4 days on market in May 2024, down by 80.5% compared to last year.
Breakdown of Home Sale Times
7 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, 7 homes were sold in West Bradford 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.