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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Collier Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Collier Township was a Seller's Market.

Key Takeaway

Collier Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Collier Township, PA

How much do homes in Collier Township, PA cost?

Median Sold Price

$434,650

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$64,650(+17.5%)

Key Takeaway

Homes in Collier Township have sold for 17.5% more than they did a year ago.

Summary: The median home sold price in Collier Township was $434,650 in October 2024, up 17.5% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $213K$275.9K
+29.6%
3 $349.5K$361.2K
+3.4%
4 $484K$567.4K
+17.3%
5+ $814K$1.0M
+32.1%

Summary: Collier Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.6%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 32.1%.

Median Sold Price Compared To Nearby Cities

Collier Township
+17.5%
South Fayette Township
+14.0%
Carnegie
+8.8%

Housing Supply in Collier Township, PA

How many homes are available in Collier Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3836-5.3%

Summary: The Collier Township real estate market had 36 homes for sale in October 2024, a 5.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2017
-15.0%
4 1010
0.0%
5+ 89
+12.5%

Summary: The Collier Township housing inventory by bedroom type for October 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 15%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Collier Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Collier Township in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Collier Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days28 Days-7.1%

Summary: Homes in Collier Township had an average of 28 days on market in Oct 2024, down by 7.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Collier Township; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Collier Township, PA

Nearby Markets to Collier Township, PA

What housing markets are near Collier Township, PA?