$3,561 Closing Credit*
$299,900
1,334 SqFt
3 Beds
•1 Full Bath, 1 Partial
Gerald L Moyer, Listing Office: BHHS Homesale Realty- Reading Berks
Is 19611, 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, 19611 has remained a Seller's Market.
Key Takeaway
19611 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 19611, PA
How much do homes in 19611, PA cost?
Median Sold Price
$229,900
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,400(+7.2%)
Key Takeaway
Homes in 19611 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 19611 was $229,900 in October 2024, up 7.2% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $141K | - | N/A |
| 2 Bedrooms | $129.7K | $150K | +15.6% |
| 3 Bedrooms | $219.1K | $229.9K | +4.9% |
| 4 Bedrooms | $210K | $226K | +7.6% |
| 5+ Bedrooms | $229.9K | $224.4K | -2.4% |
Summary: 19611 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 15.6%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in 19611, PA
How many homes are available in 19611, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The 19611 real estate market had 18 homes for sale in October 2024, a 10.0% 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 | 2 | 0 | -100.0% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The 19611 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 100%, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 19611, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 19611 in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for 19611, PA
How long does it take to sell a home in 19611, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 12 Days | -18.7% |
Summary: Homes in 19611 had an average of 12 days on market in Oct 2024, down by 18.7% compared to last year.
Breakdown of Home Sale Times
4 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 19611 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 19611; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
