Is Colebrookdale Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colebrookdale Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Colebrookdale Township, PA

How much do homes in Colebrookdale Township, PA cost?

Median Sold Price

$297,500

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,500(+6.3%)

Key Takeaway

Homes in Colebrookdale Township have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Colebrookdale Township was $297,500 in November 2024, up 6.3% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$142K
N/A
2 $235K$218K
-7.2%
3 $278.5K$275K
-1.3%
4 $340K$338K
-0.6%
5+ -$460K
N/A

Summary: Colebrookdale Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Boyertown
+7.1%
Colebrookdale Township
+6.3%
Douglass Township
+2.6%
Bechtelsville
+0.8%

Housing Supply in Colebrookdale Township, PA

How many homes are available in Colebrookdale Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1816-11.1%

Summary: The Colebrookdale Township real estate market had 16 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1211
-8.3%
4 43
-25.0%
5+ 11
0.0%

Summary: The Colebrookdale Township 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 remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer50%33%17%

Key Takeaway

If you're buying a home in Colebrookdale Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Colebrookdale Township in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for Colebrookdale Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
8 Days24 Days+204.2%

Summary: Homes in Colebrookdale Township had an average of 24 days on market in Nov 2024, up by 204.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times83%17%

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Colebrookdale Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 18 Days Ago

Newest Listings in Colebrookdale Township, PA

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What housing markets are near Colebrookdale Township, PA?