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 September 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

$460,000

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$10,000(+2.2%)

Key Takeaway

Homes in Feasterville Trevose have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Feasterville Trevose was $460,000 in September 2024, up 2.2% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $310K$180K
-41.9%
2 $370K$360K
-2.7%
3 $400K$445K
+11.3%
4 $525K$582.5K
+11.0%
5+ $570K$520K
-8.8%

Summary: Feasterville Trevose housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.9%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 8.8%.

Median Sold Price Compared To Nearby Cities

Southampton
+10.9%
Langhorne
+3.2%
Feasterville Trevose
+2.2%
Middletown Township
+2.0%
Lower Southampton Township
-0.6%

Housing Supply in Feasterville Trevose, PA

How many homes are available in Feasterville Trevose, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6057-5.0%

Summary: The Feasterville Trevose real estate market had 57 homes for sale in September 2024, a 5.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 76
-14.3%
3 2524
-4.0%
4 2322
-4.3%
5+ 44
0.0%

Summary: The Feasterville Trevose housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2415-37.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 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. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Feasterville Trevose in September 2024, down by 37.5% month-over-month. Of the 15 sold homes, 53% were sold under asking, 13% were sold at asking, and 33% 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

Sep 2023Sep 2024CHANGE
21 Days23 Days+8.2%

Summary: Homes in Feasterville Trevose had an average of 23 days on market in Sep 2024, up by 8.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 September 2024, 15 homes were sold in Feasterville Trevose; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% 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 30 Days Ago

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