Is Collier 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, Collier Township has remained a Seller's Market.
Key Takeaway
Collier Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Collier Township, PA
How much do homes in Collier Township, PA cost?
Median Sold Price
$390,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Collier Township have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Collier Township was $390,000 in May 2024, up 5.5% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $276K | $209K | -24.3% |
| 3 Bedrooms | $340K | $354K | +4.1% |
| 4 Bedrooms | $482K | $504K | +4.6% |
| 5+ Bedrooms | $1.2M | $1.1M | -11.4% |
Summary: Collier 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 decreased by 24.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 11.4%.
Median Sold Price Compared To Nearby Cities
| Collier Township | $369.5K | $390K | +5.5% |
| Carnegie | $201.6K | $212.5K | +5.4% |
| Heidelberg | $175K | $179.9K | +2.8% |
| Presto | $700K | $700K | 0.0% |
| South Fayette Township | $343.5K | $340K | -1.0% |
Housing Supply in Collier Township, PA
How many homes are available in Collier Township, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Summary: The Collier Township real estate market had 38 homes for sale in May 2024, a 8.6% 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 | 1 | -50.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Collier 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 decreased by 50%, 3 bedroom homes increased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 11 | +266.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collier Township, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Collier Township in May 2024, up by 266.7% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Collier Township, PA
How long does it take to sell a home in Collier Township, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 21 Days | 27 Days | +30.1% |
Summary: Homes in Collier Township had an average of 27 days on market in May 2024, up by 30.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Collier Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Collier Township; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.