Is Fox Chapel, 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, Fox Chapel has remained a Buyer's Market.
Housing Prices in Fox Chapel, PA
How much do homes in Fox Chapel, PA cost?
Median Sold Price
$930,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fox Chapel was $930,000 in May 2024, up 8.1% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $501.1K | N/A |
3 Bedrooms | $555K | $566.4K | +2.1% |
4 Bedrooms | $845K | $905K | +7.1% |
5+ Bedrooms | $1.0M | $1.1M | +16.4% |
Summary: Fox Chapel 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 did not change, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 16.4%.
Median Sold Price Compared To Nearby Cities
Indiana Township | $195K | $214K | +9.7% |
Fox Chapel | $860K | $930K | +8.1% |
Aspinwall | $360.5K | $377.7K | +4.8% |
O'Hara Township | $410.9K | $430K | +4.7% |
Housing Supply in Fox Chapel, PA
How many homes are available in Fox Chapel, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 37 | -2.6% |
Summary: The Fox Chapel real estate market had 37 homes for sale in May 2024, a 2.6% decrease 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 | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 17 | 15 | -11.8% |
5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The Fox Chapel 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Fox Chapel in May 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Fox Chapel, PA
How long does it take to sell a home in Fox Chapel, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
91 Days | 37 Days | -59.6% |
Summary: Homes in Fox Chapel had an average of 37 days on market in May 2024, down by 59.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Fox Chapel; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.