Is Bella Vista, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bella Vista is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Bella Vista, PA

How much do homes in Bella Vista, PA cost?

Median Sold Price

$564,000

$366/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$74,000(+15.1%)

Key Takeaway

Homes in Bella Vista have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in Bella Vista was $564,000 in October 2024, up 15.1% from last year, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $317.2K$347.5K
+9.5%
2 $424K$447.5K
+5.5%
3 $518K$649.7K
+25.4%
4 $850K$887.5K
+4.4%
5+ $1.5M$505K
-67.2%

Summary: Bella Vista housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 25.4%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 67.2%.

Median Sold Price Compared To Nearby Neighborhoods

Society Hill
+15.4%
Bella Vista
+15.1%
Hawthorne
+1.0%
Washington Square West
-0.8%
Queen Village
-6.6%

Housing Supply in Bella Vista, PA

How many homes are available in Bella Vista, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4546+2.2%

Summary: The Bella Vista real estate market had 46 homes for sale in October 2024, a 2.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1012
+20.0%
3 2422
-8.3%
4 78
+14.3%
5+ 33
0.0%

Summary: The Bella Vista 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 increased by 20%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bella Vista, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Bella Vista in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Bella Vista, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days63 Days+107.0%

Summary: Homes in Bella Vista had an average of 63 days on market in Oct 2024, up by 107% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Bella Vista; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

Newest Listings in Bella Vista, PA

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