$3,918 Closing Credit*
$329,900
1,744 SqFt
3 Beds
•1 Full Bath, 1 Partial
Julie Musser, Listing Office: BHHS Homesale Realty- Reading Berks
Is 19606, 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, 19606 has remained a Seller's Market.
Key Takeaway
19606 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19606, PA
How much do homes in 19606, PA cost?
Median Sold Price
$272,250
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,166(+9.7%)
Key Takeaway
Homes in 19606 have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in 19606 was $272,250 in October 2024, up 9.7% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $150K | +7.1% |
| 2 Bedrooms | $172.5K | $215K | +24.6% |
| 3 Bedrooms | $231.7K | $253.5K | +9.4% |
| 4 Bedrooms | $360K | $355K | -1.4% |
| 5+ Bedrooms | $335K | $341.5K | +1.9% |
Summary: 19606 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 24.6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 1.9%.
Housing Supply in 19606, PA
How many homes are available in 19606, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 118 | 105 | -11.0% |
Summary: The 19606 real estate market had 105 homes for sale in October 2024, a 11.0% 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 | 15 | 8 | -46.7% |
| 3 Bedrooms | 60 | 50 | -16.7% |
| 4 Bedrooms | 36 | 41 | +13.9% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 19606 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 decreased by 46.7%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 33 | -19.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19606, you could pay more than the asking price. 57.6% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in 19606 in October 2024, down by 19.5% month-over-month. Of the 33 sold homes, 18% were sold under asking, 24% were sold at asking, and 58% were sold over asking.
Days on Market for 19606, PA
How long does it take to sell a home in 19606, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 12 Days | -2.7% |
Summary: Homes in 19606 had an average of 12 days on market in Oct 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 19606 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 33 homes were sold in 19606; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
