Is Catasauqua, 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, Catasauqua has remained a Seller's Market.
Key Takeaway
Catasauqua is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Catasauqua, PA
How much do homes in Catasauqua, PA cost?
Median Sold Price
$260,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Catasauqua have sold for 4% more than they did a year ago.
Summary: The median home sold price in Catasauqua was $260,000 in May 2024, up 4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $113K | N/A |
| 2 Bedrooms | $184.5K | $186K | +0.8% |
| 3 Bedrooms | $225K | $233K | +3.6% |
| 4 Bedrooms | $487K | $507.4K | +4.2% |
| 5+ Bedrooms | $316.7K | $291K | -8.1% |
Summary: Catasauqua 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 increased by 0.8%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Cities
| North Catasauqua | $350K | $495K | +41.4% |
| Whitehall | $300K | $315K | +5.0% |
| Catasauqua | $250K | $260K | +4.0% |
| Hanover Township | $260K | $270.1K | +3.9% |
Housing Supply in Catasauqua, PA
How many homes are available in Catasauqua, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 40 | +17.6% |
Summary: The Catasauqua real estate market had 40 homes for sale in May 2024, a 17.6% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 13 | 17 | +30.8% |
| 4 Bedrooms | 17 | 20 | +17.6% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Catasauqua 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 30.8%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Catasauqua, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Catasauqua in May 2024, down by 18.2% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for Catasauqua, PA
How long does it take to sell a home in Catasauqua, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 11 Days | +30.3% |
Summary: Homes in Catasauqua had an average of 11 days on market in May 2024, up by 30.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Catasauqua are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 9 homes were sold in Catasauqua; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
