Is Pine 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, Pine Township has remained a Seller's Market.
Housing Prices in Pine Township, PA
How much do homes in Pine Township, PA cost?
Median Sold Price
$615,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pine Township was $615,000 in April 2024, up 0.7% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $248K | N/A |
2 Bedrooms | $389.4K | $325K | -16.5% |
3 Bedrooms | $385K | $402.5K | +4.5% |
4 Bedrooms | $709K | $625K | -11.8% |
5+ Bedrooms | $899.9K | $970K | +7.8% |
Summary: Pine 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 decreased by 16.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
Wexford | $441.3K | $500K | +13.3% |
Pine Township | $611K | $615K | +0.7% |
Seven Fields | $362.4K | $335K | -7.6% |
Housing Supply in Pine Township, PA
How many homes are available in Pine Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 61 | +13.0% |
Summary: The Pine Township real estate market had 61 homes for sale in April 2024, a 13.0% 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 | 12 | 0.0% |
4 Bedrooms | 20 | 24 | +20.0% |
5+ Bedrooms | 20 | 23 | +15.0% |
Summary: The Pine 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 remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 15 | +114.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Pine Township in April 2024, up by 114.3% month-over-month. Of the 15 sold homes, 40% were sold under asking, 27% were sold at asking, and 33% were sold over asking.
Days on Market for Pine Township, PA
How long does it take to sell a home in Pine Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 54 Days | +16.9% |
Summary: Homes in Pine Township had an average of 54 days on market in Apr 2024, up by 16.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Pine Township; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.