Is Collingdale, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Collingdale is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Collingdale, PA

How much do homes in Collingdale, PA cost?

Median Sold Price

$200,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+2.6%)

Key Takeaway

Homes in Collingdale have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Collingdale was $200,000 in October 2024, up 2.6% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $160K$145K
-9.4%
3 $190K$195K
+2.6%
4 $245.2K$261.2K
+6.5%
5+ -$300K
N/A

Summary: Collingdale 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 decreased by 9.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Aldan
+10.9%
Sharon Hill
+8.1%
Darby
+5.0%
Collingdale
+2.6%
Darby Township
+0.7%

Housing Supply in Collingdale, PA

How many homes are available in Collingdale, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2834+21.4%

Summary: The Collingdale real estate market had 34 homes for sale in October 2024, a 21.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1926
+36.8%
4 65
-16.7%
5+ 22
0.0%

Summary: The Collingdale 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 increased by 36.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Collingdale, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Collingdale in October 2024, up by 125.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.

Days on Market for Collingdale, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days26 Days+64.3%

Summary: Homes in Collingdale had an average of 26 days on market in Oct 2024, up by 64.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Collingdale; 67% of homes were sold within 30 days, 33% 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 16 Days Ago

Newest Listings in Collingdale, PA

Nearby Markets to Collingdale, PA

What housing markets are near Collingdale, PA?