Is Bradfordwoods, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bradfordwoods has remained a Seller's Market.
Key Takeaway
Bradfordwoods is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bradfordwoods, PA
How much do homes in Bradfordwoods, PA cost?
Median Sold Price
$540,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bradfordwoods have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Bradfordwoods was $540,000 in May 2024, up 4.3% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $372.5K | $299K | -19.7% |
| 3 Bedrooms | $375K | $445K | +18.7% |
| 4 Bedrooms | $570.5K | $596.7K | +4.6% |
| 5+ Bedrooms | $1.1M | $1.0M | -7.8% |
Summary: Bradfordwoods housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.7%, 3 bedroom homes increased by 18.7%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 7.8%.
Median Sold Price Compared To Nearby Cities
| Wexford | $441.7K | $495K | +12.1% |
| Bradfordwoods | $517.5K | $540K | +4.3% |
| Bradford Woods | $517.5K | $540K | +4.3% |
| Pine Township | $605K | $621K | +2.6% |
| Marshall Township | $539K | $512.5K | -4.9% |
Housing Supply in Bradfordwoods, PA
How many homes are available in Bradfordwoods, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The Bradfordwoods real estate market had 5 homes for sale in May 2024, a 66.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Bradfordwoods housing inventory by bedroom type for May 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bradfordwoods, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Bradfordwoods in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Bradfordwoods, PA
How long does it take to sell a home in Bradfordwoods, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 16 Days | +45.5% |
Summary: Homes in Bradfordwoods had an average of 16 days on market in May 2024, up by 45.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bradfordwoods are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Bradfordwoods; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
