$10,000 Closing Credit*
$1,595,000
5 Beds
•4 Full Baths, 1 Partial
Maria N Meitner, Listing Office: Long & Foster Real Estate, Inc.
Is Blue Bell, 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, Blue Bell has remained a Seller's Market.
Key Takeaway
Blue Bell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blue Bell, PA
How much do homes in Blue Bell, PA cost?
Median Sold Price
$625,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+5.9%)
Key Takeaway
Homes in Blue Bell have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Blue Bell was $625,000 in October 2024, up 5.9% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $251.4K | $261.2K | +3.9% |
| 2 Bedrooms | $337K | $348.7K | +3.5% |
| 3 Bedrooms | $587.5K | $600K | +2.1% |
| 4 Bedrooms | $685K | $795K | +16.1% |
| 5+ Bedrooms | $750K | $1.0M | +42.0% |
Summary: Blue Bell housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 42%.
Median Sold Price Compared To Nearby Cities
| Plymouth Meeting | $477.5K | $550K | +15.2% |
| Whitpain Township | $607.5K | $660K | +8.6% |
| East Norriton Township | $350K | $375K | +7.1% |
| Blue Bell | $590K | $625K | +5.9% |
| Lower Gwynedd Township | $749.9K | $636K | -15.2% |
Housing Supply in Blue Bell, PA
How many homes are available in Blue Bell, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 55 | -1.8% |
Summary: The Blue Bell real estate market had 55 homes for sale in October 2024, a 1.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 22 | 19 | -13.6% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Blue Bell 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 14.3%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blue Bell, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Blue Bell in October 2024, up by 23.1% month-over-month. Of the 16 sold homes, 38% were sold under asking, 19% were sold at asking, and 44% were sold over asking.
Days on Market for Blue Bell, PA
How long does it take to sell a home in Blue Bell, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 20 Days | +230.6% |
Summary: Homes in Blue Bell had an average of 20 days on market in Oct 2024, up by 230.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blue Bell are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Blue Bell; 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.
