$2,795,000
5,563 SqFt
5 Beds
•4 Full Baths, 1 Partial
Colleen McHugh, Listing Office: Keller Williams Main Line
Is Bryn Mawr, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bryn Mawr has remained a Seller's Market.
Key Takeaway
Bryn Mawr is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bryn Mawr, PA
How much do homes in Bryn Mawr, PA cost?
Median Sold Price
$782,500
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,000(+0.6%)
Key Takeaway
Homes in Bryn Mawr have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Bryn Mawr was $782,500 in November 2024, up 0.6% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $150K | -3.2% |
| 2 Bedrooms | $264.5K | $220K | -16.8% |
| 3 Bedrooms | $534.2K | $505K | -5.5% |
| 4 Bedrooms | $928.5K | $902.4K | -2.8% |
| 5+ Bedrooms | $1.4M | $1.5M | +9.5% |
Summary: Bryn Mawr housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes decreased by 16.8%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 9.5%.
Housing Supply in Bryn Mawr, PA
How many homes are available in Bryn Mawr, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 52 | -8.8% |
Summary: The Bryn Mawr real estate market had 52 homes for sale in November 2024, a 8.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The Bryn Mawr housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 16 | +23.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bryn Mawr, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Bryn Mawr in November 2024, up by 23.1% month-over-month. Of the 16 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Bryn Mawr, PA
How long does it take to sell a home in Bryn Mawr, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 16 Days | -7.5% |
Summary: Homes in Bryn Mawr had an average of 16 days on market in Nov 2024, down by 7.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bryn Mawr are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Bryn Mawr; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
