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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bristol is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Bristol has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bristol, PA

How much do homes in Bristol, PA cost?

Median Sold Price

$330,000

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,000(+10.0%)

Key Takeaway

Homes in Bristol have sold for 10% more than they did a year ago.

Summary: The median home sold price in Bristol was $330,000 in November 2024, up 10% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $250K$299.5K
+19.8%
2 $256.5K$275K
+7.2%
3 $298K$320K
+7.4%
4 $320K$357.4K
+11.7%
5+ $346K$420K
+21.4%

Summary: Bristol housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.8%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 21.4%.

Median Sold Price Compared To Nearby Cities

Bristol
+10.0%
Bristol Township
+7.7%
Burlington
0.0%
Burlington Township
-1.8%

Housing Supply in Bristol, PA

How many homes are available in Bristol, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7261-15.3%

Summary: The Bristol real estate market had 61 homes for sale in November 2024, a 15.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1817
-5.6%
3 3026
-13.3%
4 1916
-15.8%
5+ 52
-60.0%

Summary: The Bristol 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 5.6%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 60%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2314-39.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bristol, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Bristol in November 2024, down by 39.1% month-over-month. Of the 14 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for Bristol, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days20 Days+19.9%

Summary: Homes in Bristol had an average of 20 days on market in Nov 2024, up by 19.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 14 homes were sold in Bristol; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% 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

Newest Listings in Bristol, PA

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