Is Washington 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, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, PA
How much do homes in Washington Township, PA cost?
Median Sold Price
$219,933
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Washington Township was $219,933 in April 2024, up 7.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $51.7K | $100K | +93.2% |
2 Bedrooms | $149.9K | $152K | +1.4% |
3 Bedrooms | $214.2K | $225K | +5.0% |
4 Bedrooms | $307.5K | $315.5K | +2.6% |
5+ Bedrooms | $593.5K | $362.5K | -38.9% |
Summary: Washington Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.2%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 38.9%.
Median Sold Price Compared To Nearby Cities
Washington Township | $205K | $219.9K | +7.3% |
Murrysville | $350K | $372.5K | +6.4% |
Apollo | $165K | $170K | +3.0% |
Housing Supply in Washington Township, PA
How many homes are available in Washington Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
163 | 169 | +3.7% |
Summary: The Washington Township real estate market had 169 homes for sale in April 2024, a 3.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 31 | 33 | +6.5% |
3 Bedrooms | 95 | 96 | +1.1% |
4 Bedrooms | 23 | 26 | +13.0% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Washington 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 increased by 6.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 13%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 46 | +39.4% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in Washington Township in April 2024, up by 39.4% month-over-month. Of the 46 sold homes, 67% were sold under asking, 13% were sold at asking, and 20% were sold over asking.
Days on Market for Washington Township, PA
How long does it take to sell a home in Washington Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 56 Days | -9.8% |
Summary: Homes in Washington Township had an average of 56 days on market in Apr 2024, down by 9.8% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 46 homes were sold in Washington Township; 50% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.