$2,957 Closing Credit*
$249,000
1,044 SqFt
2 Beds
•1 Full Bath
Jennifer Debernardis, Listing Office: Coldwell Banker 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 November 2023
Since last year, East Berlin has remained a Seller's Market.
Key Takeaway
East Berlin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Berlin, PA
How much do homes in East Berlin, PA cost?
Median Sold Price
$319,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+10.4%)
Key Takeaway
Homes in East Berlin have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in East Berlin was $319,000 in November 2024, up 10.4% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | - | N/A |
| 2 Bedrooms | $185K | $257.4K | +39.1% |
| 3 Bedrooms | $285K | $307.4K | +7.9% |
| 4 Bedrooms | $374.9K | $410K | +9.3% |
| 5+ Bedrooms | $533.7K | $655K | +22.7% |
Summary: East Berlin 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 increased by 39.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 22.7%.
Median Sold Price Compared To Nearby Cities
| East Berlin | $289K | $319K | +10.4% |
| Reading Township | $230.3K | $249.9K | +8.5% |
Housing Supply in East Berlin, PA
How many homes are available in East Berlin, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Summary: The East Berlin real estate market had 29 homes for sale in November 2024, a 3.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The East Berlin 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 increased by 6.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Berlin, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in East Berlin in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 7 Days | -49.8% |
Summary: Homes in East Berlin had an average of 7 days on market in Nov 2024, down by 49.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Berlin are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in East Berlin; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
