$8,918 Closing Credit*
$751,000
2,296 SqFt
3 Beds
•2 Full Baths
Sandra Leiby, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is East Berlin, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, East Berlin was a Seller's Market.
Key Takeaway
East Berlin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Berlin, PA
How much do homes in East Berlin, PA cost?
Median Sold Price
$324,000
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$38,000(+13.3%)
Key Takeaway
Homes in East Berlin have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in East Berlin was $324,000 in October 2024, up 13.3% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | - | N/A |
| 2 Bedrooms | $185K | $257.4K | +39.1% |
| 3 Bedrooms | $285K | $310K | +8.8% |
| 4 Bedrooms | $359.9K | $395K | +9.8% |
| 5+ Bedrooms | $777.5K | $510K | -34.4% |
Summary: East Berlin 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 39.1%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 34.4%.
Median Sold Price Compared To Nearby Cities
| East Berlin | $286K | $324K | +13.3% |
| Reading Township | $230K | $249.9K | +8.7% |
| Paradise Township | $299.9K | $299.9K | 0.0% |
Housing Supply in East Berlin, PA
How many homes are available in East Berlin, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Summary: The East Berlin real estate market had 31 homes for sale in October 2024, a 6.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The East Berlin 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 increased by 50%, 3 bedroom homes increased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 3 | -75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Berlin, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in East Berlin in October 2024, down by 75.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for East Berlin, PA
How long does it take to sell a home in East Berlin, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 109 Days | +512.3% |
Summary: Homes in East Berlin had an average of 109 days on market in Oct 2024, up by 512.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in East Berlin are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in East Berlin; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
