Is Douglass 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, Douglass Township has remained a Seller's Market.
Housing Prices in Douglass Township, PA
How much do homes in Douglass Township, PA cost?
Median Sold Price
$375,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Douglass Township was $375,000 in May 2024, down 2.6% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $210.5K | $315K | +49.6% |
3 Bedrooms | $359K | $345K | -3.9% |
4 Bedrooms | $410K | $415K | +1.2% |
5+ Bedrooms | $530K | $610K | +15.1% |
Summary: Douglass 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 increased by 49.6%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Cities
Colebrookdale Township | $265K | $286K | +7.9% |
Boyertown | $272.4K | $284.9K | +4.6% |
Gilbertsville | $422.9K | $418.5K | -1.1% |
Douglass Township | $385K | $375K | -2.6% |
Housing Supply in Douglass Township, PA
How many homes are available in Douglass Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 48 | +9.1% |
Summary: The Douglass Township real estate market had 48 homes for sale in May 2024, a 9.1% 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 | 18 | 16 | -11.1% |
4 Bedrooms | 20 | 26 | +30.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Douglass 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 decreased by 11.1%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Douglass Township in May 2024, up by 28.6% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 11 Days | -70.6% |
Summary: Homes in Douglass Township had an average of 11 days on market in May 2024, down by 70.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Douglass Township; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.