$10,000 Closing Credit*
$1,000,000
3,648 SqFt
4 Beds
•3 Full Baths, 1 Partial
Daniel J. Devine, Listing Office: 20/20 Real Estate - Bensalem
Is 18954, 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, 18954 has remained a Seller's Market.
Key Takeaway
18954 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 18954, PA
How much do homes in 18954, PA cost?
Median Sold Price
$661,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$10,250(-1.5%)
Key Takeaway
Homes in 18954 have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in 18954 was $661,000 in August 2024, down 1.5% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $448K | $615K | +37.3% |
| 3 Bedrooms | $580K | $534.9K | -7.8% |
| 4 Bedrooms | $670K | $670K | 0.0% |
| 5+ Bedrooms | $950K | $738K | -22.3% |
Summary: 18954 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 increased by 37.3%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 22.3%.
Housing Supply in 18954, PA
How many homes are available in 18954, PA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 24 | 21 | -12.5% |
Summary: The 18954 real estate market had 21 homes for sale in August 2024, a 12.5% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 18954 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 remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 18954, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 18954 in August 2024, down by 25.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for 18954, PA
How long does it take to sell a home in 18954, PA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 10 Days | 13 Days | +33.0% |
Summary: Homes in 18954 had an average of 13 days on market in Aug 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 18954 are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 6 homes were sold in 18954; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
