$3,500,000
3,029 SqFt
9 Beds
•5 Full Baths, 1 Partial
Mark Willcox III, Listing Office: BHHS Fox & Roach-Unionville
Is Edgmont Township, 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, 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
$949,990
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,025(+2.5%)
Key Takeaway
Homes in Edgmont Township have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Edgmont Township was $949,990 in November 2024, up 2.5% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $331K | $346K | +4.5% |
| 3 Bedrooms | $844.9K | $854.9K | +1.2% |
| 4 Bedrooms | $1.0M | $994.1K | -1.6% |
| 5+ Bedrooms | $1.2M | $1.3M | +2.4% |
Summary: Edgmont Township 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 4.5%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
| Newtown Square | $705K | $798.6K | +13.3% |
| Willistown Township | $610K | $640K | +4.9% |
| Upper Providence Township | $630K | $650K | +3.2% |
| Edgmont Township | $926.9K | $949.9K | +2.5% |
| Newtown Township | $695K | $647.7K | -6.8% |
Housing Supply in Edgmont Township, PA
How many homes are available in Edgmont Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 14 | -36.4% |
Summary: The Edgmont Township real estate market had 14 homes for sale in November 2024, a 36.4% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Edgmont Township 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 decreased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
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 Edgmont Township, 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 Edgmont Township in November 2024, down by 16.7% 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 Edgmont Township, PA
How long does it take to sell a home in Edgmont Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 61 Days | +460.0% |
Summary: Homes in Edgmont Township had an average of 61 days on market in Nov 2024, up by 460% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Edgmont Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Edgmont Township; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
