$5,926 Closing Credit*
$499,000
2,408 SqFt
3 Beds
•2 Full Baths, 1 Partial
Megan Jo Herr, Listing Office: RE/MAX Ready
Is East Brandywine Township, 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 Brandywine Township was a Seller's Market.
Key Takeaway
East Brandywine Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Brandywine Township, PA
How much do homes in East Brandywine Township, PA cost?
Median Sold Price
$562,500
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,100(+1.1%)
Key Takeaway
Homes in East Brandywine Township have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in East Brandywine Township was $562,500 in October 2024, up 1.1% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $257K | +35.3% |
| 2 Bedrooms | $445K | $280K | -37.1% |
| 3 Bedrooms | $455K | $510K | +12.1% |
| 4 Bedrooms | $625K | $735K | +17.6% |
| 5+ Bedrooms | $864.1K | $877.5K | +1.5% |
Summary: East Brandywine Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.3%, 2 bedroom homes decreased by 37.1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Cities
| East Caln Township | $420K | $492K | +17.1% |
| Uwchlan Township | $530K | $588.5K | +11.0% |
| Caln Township | $355.5K | $383K | +7.7% |
| Upper Uwchlan Township | $650K | $672.4K | +3.5% |
| East Brandywine Township | $556.4K | $562.5K | +1.1% |
Housing Supply in East Brandywine Township, PA
How many homes are available in East Brandywine Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 29 | 0.0% |
Summary: The East Brandywine Township real estate market had 29 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The East Brandywine 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 decreased by 50%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 2 | -81.8% |
Asking Price vs. Sold Price
0 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 Brandywine Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in East Brandywine Township in October 2024, down by 81.8% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for East Brandywine Township, PA
How long does it take to sell a home in East Brandywine Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 17 Days | -6.1% |
Summary: Homes in East Brandywine Township had an average of 17 days on market in Oct 2024, down by 6.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Brandywine Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in East Brandywine Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
