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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beechview is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Beechview was a Seller's Market.

Key Takeaway

Beechview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Beechview, PA

How much do homes in Beechview, PA cost?

Median Sold Price

$175,000

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+2.9%)

Key Takeaway

Homes in Beechview have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Beechview was $175,000 in November 2024, up 2.9% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $118K$145K
+22.9%
3 $179K$183.9K
+2.7%
4 $195.7K$195K
-0.4%
5+ $211K$238K
+12.8%

Summary: Beechview housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 12.8%.

Median Sold Price Compared To Nearby Neighborhoods

Banksville
+12.7%
Brookline
+8.6%
Beechview
+2.9%
Mount Washington
-5.2%

Housing Supply in Beechview, PA

How many homes are available in Beechview, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3031+3.3%

Summary: The Beechview real estate market had 31 homes for sale in November 2024, a 3.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 1719
+11.8%
4 32
-33.3%
5+ 22
0.0%

Summary: The Beechview housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beechview, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Beechview in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Beechview, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days42 Days+37.9%

Summary: Homes in Beechview had an average of 42 days on market in Nov 2024, up by 37.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Beechview; 50% of homes were sold within 30 days, 50% 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 23 Days Ago

Newest Listings in Beechview, PA

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