$10,000 Closing Credit*
$2,500,000
4,400 SqFt
5 Beds
•3 Full Baths, 1 Partial
Gary M Scheivert, Listing Office: BHHS Fox & Roach-Media
Is Edgmont Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Edgmont Township has remained a Seller's Market.
Key Takeaway
Edgmont Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Edgmont Township, PA
How much do homes in Edgmont Township, PA cost?
Median Sold Price
$1,075,000
$231/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$292,000(+37.3%)
Key Takeaway
Homes in Edgmont Township have sold for 37.3% more than they did a month ago.
Summary: The median home sold price in Edgmont Township was $1,075,000 in October 2024, up 37.3% from last month, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.1M | $470K | -59.5% |
| 4 Bedrooms | $665K | $1.1M | +66.9% |
| 5+ Bedrooms | $816K | $1.3M | +63.9% |
Summary: Edgmont Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 59.5%, 4 bedroom homes increased by 66.9%, and 5+ bedroom homes increased by 63.9%.
Housing Supply in Edgmont Township, PA
How many homes are available in Edgmont Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Summary: The Edgmont Township real estate market had 20 homes for sale in October 2024, a 4.8% decrease 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Edgmont 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 increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 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 Edgmont 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 Edgmont Township in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Edgmont Township, PA
How long does it take to sell a home in Edgmont Township, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 116 Days | +132.8% |
Summary: Homes in Edgmont Township had an average of 116 days on market in Oct 2024, up by 132.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Edgmont Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 5 homes were sold in Edgmont Township; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
