Is Andorra, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Andorra is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Andorra has remained a Seller's Market.

Key Takeaway

Andorra is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Andorra, PA

How much do homes in Andorra, PA cost?

Median Sold Price

$415,000

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,500(-4.0%)

Key Takeaway

Homes in Andorra have sold for 4% less than they did a year ago.

Summary: The median home sold price in Andorra was $415,000 in October 2024, down 4% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $239K$225K
-5.9%
3 $430K$402.5K
-6.4%
4 $461K$515K
+11.7%
5+ $462.5K$708.5K
+53.2%

Summary: Andorra 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 decreased by 5.9%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 53.2%.

Median Sold Price Compared To Nearby Neighborhoods

Dearnley Park
+29.7%
Chestnut Hill
+7.0%
Roxborough / Manayunk
+5.9%
Roxborough
+3.2%
Andorra
-4.0%

Housing Supply in Andorra, PA

How many homes are available in Andorra, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1922+15.8%

Summary: The Andorra real estate market had 22 homes for sale in October 2024, a 15.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 77
0.0%
4 1011
+10.0%
5+ 13
+200.0%

Summary: The Andorra 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 remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Andorra, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Andorra in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Andorra, PA

How long does it take to sell a home in Andorra, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days23 Days-66.4%

Summary: Homes in Andorra had an average of 23 days on market in Oct 2024, down by 66.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Andorra are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Andorra; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Andorra, PA

Nearby Markets to Andorra, PA