$2,138 Closing Credit*
$180,000
647 SqFt
1 Bed
•1 Full Bath
Beth Nichols, Listing Office: Coldwell Banker Realty
Is Central Business District / Downtown / Golden Triangle, 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, Central Business District / Downtown / Golden Triangle has remained a Buyer's Market.
Key Takeaway
Central Business District / Downtown / Golden Triangle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Business District / Downtown / Golden Triangle, PA
How much do homes in Central Business District / Downtown / Golden Triangle, PA cost?
Median Sold Price
$314,000
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$44,000(-12.3%)
Key Takeaway
Homes in Central Business District / Downtown / Golden Triangle have sold for 12.3% less than they did a year ago.
Summary: The median home sold price in Central Business District / Downtown / Golden Triangle was $314,000 in November 2024, down 12.3% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $237K | +21.5% |
| 2 Bedrooms | $467.5K | $380K | -18.7% |
| 3 Bedrooms | $975K | $950K | -2.6% |
| 4 Bedrooms | $2.1M | $2.2M | +4.8% |
| 5+ Bedrooms | - | $2.6M | N/A |
Summary: Central Business District / Downtown / Golden Triangle housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.5%, 2 bedroom homes decreased by 18.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes did not change.
Housing Supply in Central Business District / Downtown / Golden Triangle, PA
How many homes are available in Central Business District / Downtown / Golden Triangle, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 74 | 79 | +6.8% |
Summary: The Central Business District / Downtown / Golden Triangle real estate market had 79 homes for sale in November 2024, a 6.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 26 | 31 | +19.2% |
| 2 Bedrooms | 38 | 38 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Central Business District / Downtown / Golden Triangle housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19.2%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Business District / Downtown / Golden Triangle, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Central Business District / Downtown / Golden Triangle in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Central Business District / Downtown / Golden Triangle, PA
How long does it take to sell a home in Central Business District / Downtown / Golden Triangle, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 130 Days | 162 Days | +24.4% |
Summary: Homes in Central Business District / Downtown / Golden Triangle had an average of 162 days on market in Nov 2024, up by 24.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Central Business District / Downtown / Golden Triangle are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 6 homes were sold in Central Business District / Downtown / Golden Triangle; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
