Is Feasterville Trevose, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Feasterville Trevose is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Feasterville Trevose has remained a Seller's Market.

Key Takeaway

Feasterville Trevose is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Feasterville Trevose, PA

How much do homes in Feasterville Trevose, PA cost?

Median Sold Price

$472,500

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,000(+8.0%)

Key Takeaway

Homes in Feasterville Trevose have sold for 8% more than they did a year ago.

Summary: The median home sold price in Feasterville Trevose was $472,500 in November 2024, up 8% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $310K$180K
-41.9%
2 $357.5K$355K
-0.7%
3 $401K$450K
+12.2%
4 $526.5K$587.4K
+11.6%
5+ $520K$525K
+1.0%

Summary: Feasterville Trevose housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.9%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Cities

Southampton
+13.4%
Langhorne
+8.6%
Lower Southampton Township
+8.1%
Feasterville Trevose
+8.0%
Middletown Township
+4.2%

Housing Supply in Feasterville Trevose, PA

How many homes are available in Feasterville Trevose, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4941-16.3%

Summary: The Feasterville Trevose real estate market had 41 homes for sale in November 2024, a 16.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2219
-13.6%
4 1912
-36.8%
5+ 23
+50.0%

Summary: The Feasterville Trevose 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 increased by 16.7%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 36.8%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1612-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Feasterville Trevose, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Feasterville Trevose in November 2024, down by 25.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.

Days on Market for Feasterville Trevose, PA

How long does it take to sell a home in Feasterville Trevose, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days23 Days+38.9%

Summary: Homes in Feasterville Trevose had an average of 23 days on market in Nov 2024, up by 38.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Feasterville Trevose are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in Feasterville Trevose; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Feasterville Trevose, PA

Nearby Markets to Feasterville Trevose, PA

What housing markets are near Feasterville Trevose, PA?