$10,000 Closing Credit*
$1,625,000
5,825 SqFt
5 Beds
•5 Full Baths, 2 Partial
Sarah W Forti, Listing Office: Keller Williams Realty Devon-Wayne
Is West Vincent Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, West Vincent Township has remained a Seller's Market.
Key Takeaway
West Vincent Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Vincent Township, PA
How much do homes in West Vincent Township, PA cost?
Median Sold Price
$785,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$72,500(+10.2%)
Key Takeaway
Homes in West Vincent Township have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in West Vincent Township was $785,000 in August 2024, up 10.2% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $447.5K | N/A |
| 3 Bedrooms | $570K | $565K | -0.9% |
| 4 Bedrooms | $870.2K | $960K | +10.3% |
| 5+ Bedrooms | $1.1M | $1.1M | -5.6% |
Summary: West Vincent Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Cities
| West Pikeland Township | $760K | $900K | +18.4% |
| West Vincent Township | $712.5K | $785K | +10.2% |
| Chester Springs | $675K | $694.7K | +2.9% |
| East Vincent Township | $540K | $460K | -14.8% |
Housing Supply in West Vincent Township, PA
How many homes are available in West Vincent Township, PA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 31 | 29 | -6.5% |
Summary: The West Vincent Township real estate market had 29 homes for sale in August 2024, a 6.5% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The West Vincent Township housing inventory by bedroom type for August 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 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Vincent Township, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in West Vincent Township in August 2024, up by 80.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.
Days on Market for West Vincent Township, PA
How long does it take to sell a home in West Vincent Township, PA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 12 Days | 11 Days | -4.1% |
Summary: Homes in West Vincent Township had an average of 11 days on market in Aug 2024, down by 4.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Vincent Township are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 9 homes were sold in West Vincent Township; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
