Is West Pottsgrove 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 Pottsgrove Township has remained a Seller's Market.
Housing Prices in West Pottsgrove Township, PA
How much do homes in West Pottsgrove Township, PA cost?
Median Sold Price
$264,000
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Pottsgrove Township was $264,000 in May 2024, up 22.8% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $72.5K | -42.0% |
2 Bedrooms | $160.7K | $205.5K | +27.8% |
3 Bedrooms | $235K | $261.5K | +11.3% |
4 Bedrooms | $220K | $320K | +45.5% |
5+ Bedrooms | - | - | N/A |
Summary: West Pottsgrove Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42%, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pottstown | $238.5K | $310K | +30.0% |
West Pottsgrove Township | $215K | $264K | +22.8% |
North Coventry Township | $385K | $436K | +13.2% |
Douglass Township | $290K | $284.9K | -1.8% |
Housing Supply in West Pottsgrove Township, PA
How many homes are available in West Pottsgrove Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Summary: The West Pottsgrove Township real estate market had 9 homes for sale in May 2024, a 28.6% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 3 | 6 | +100.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Pottsgrove 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 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
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 West Pottsgrove Township in May 2024, up by 200.0% 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 West Pottsgrove Township, PA
How long does it take to sell a home in West Pottsgrove Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 11 Days | +66.7% |
Summary: Homes in West Pottsgrove Township had an average of 11 days on market in May 2024, up by 66.7% 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 West Pottsgrove 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.