$10,000 Closing Credit*
$994,900
2,352 SqFt
3 Beds
•2 Full Baths, 1 Partial
Gary A Mercer Sr., Listing Office: KW Greater West Chester
Is 19008, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 19008 has remained a Seller's Market.
Key Takeaway
19008 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19008, PA
How much do homes in 19008, PA cost?
Median Sold Price
$525,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+5.0%)
Key Takeaway
Homes in 19008 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 19008 was $525,000 in October 2024, up 5% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | - | N/A |
| 2 Bedrooms | $319.5K | $350K | +9.5% |
| 3 Bedrooms | $470K | $515K | +9.6% |
| 4 Bedrooms | $572K | $601.2K | +5.1% |
| 5+ Bedrooms | $770.7K | $610.2K | -20.8% |
Summary: 19008 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 20.8%.
Housing Supply in 19008, PA
How many homes are available in 19008, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 47 | -4.1% |
Summary: The 19008 real estate market had 47 homes for sale in October 2024, a 4.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 27 | 20 | -25.9% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 3 | 8 | +166.7% |
Summary: The 19008 housing inventory by bedroom type for October 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 25.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 166.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19008, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in 19008 in October 2024, down by 18.8% month-over-month. Of the 13 sold homes, 23% were sold under asking, 15% were sold at asking, and 62% were sold over asking.
Days on Market for 19008, PA
How long does it take to sell a home in 19008, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 18 Days | +6.4% |
Summary: Homes in 19008 had an average of 18 days on market in Oct 2024, up by 6.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 19008 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 19008; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
