Is Douglass Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Douglass Township has remained a Seller's Market.
Key Takeaway
Douglass Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Douglass Township, PA
How much do homes in Douglass Township, PA cost?
Median Sold Price
$384,900
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Douglass Township has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210.5K | $320K | +52.0% |
| 3 Bedrooms | $356K | $345K | -3.1% |
| 4 Bedrooms | $435K | $412.5K | -5.2% |
| 5+ Bedrooms | $530K | $578.5K | +9.2% |
Summary: Douglass Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 9.2%.
Median Sold Price Compared To Nearby Cities
| Colebrookdale Township | $250K | $281.5K | +12.6% |
| Boyertown | $272.4K | $277.6K | +1.9% |
| Douglass Township | $385K | $384.9K | 0% |
| Gilbertsville | $425K | $418.5K | -1.5% |
Housing Supply in Douglass Township, PA
How many homes are available in Douglass Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 39 | +30.0% |
Summary: The Douglass Township real estate market had 39 homes for sale in April 2024, a 30.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 13 | 18 | +38.5% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Douglass Township housing inventory by bedroom type for April 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 25%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglass Township, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Douglass Township in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 0% were sold under asking, 29% were sold at asking, and 71% were sold over asking.
Days on Market for Douglass Township, PA
How long does it take to sell a home in Douglass Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 10 Days | -79.9% |
Summary: Homes in Douglass Township had an average of 10 days on market in Apr 2024, down by 79.9% 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
Key Takeaway
Many homes in Douglass Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Douglass 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.
