Is Big Beaver, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Big Beaver is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Big Beaver has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Big Beaver, PA

How much do homes in Big Beaver, PA cost?

Median Sold Price

$292,000

$152/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$139,729(+91.8%)

Key Takeaway

Homes in Big Beaver have sold for 91.8% more than they did a month ago.

Summary: The median home sold price in Big Beaver was $292,000 in November 2024, up 91.8% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $93K-
N/A
3 $186.1K$292K
+56.9%
4 --
N/A
5+ --
N/A

Summary: Big Beaver housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 56.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Big Beaver, PA

How many homes are available in Big Beaver, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
74-42.9%

Summary: The Big Beaver real estate market had 4 homes for sale in November 2024, a 42.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 42
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Big Beaver 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 decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Big Beaver, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Big Beaver in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Big Beaver, PA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
90 Days426 Days+371.6%

Summary: Homes in Big Beaver had an average of 426 days on market in Nov 2024, up by 371.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Big Beaver are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Big Beaver; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

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