Is Green Tree, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Green Tree has remained a Seller's Market.
Key Takeaway
Green Tree is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Green Tree, PA
How much do homes in Green Tree, PA cost?
Median Sold Price
$273,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Green Tree have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Green Tree was $273,000 in May 2024, down 1.2% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $214.9K | $146.7K | -31.7% |
| 3 Bedrooms | $273K | $257.9K | -5.5% |
| 4 Bedrooms | $400K | $339.9K | -15.0% |
| 5+ Bedrooms | $355K | $482K | +35.8% |
Summary: Green Tree housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.7%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 35.8%.
Median Sold Price Compared To Nearby Cities
| Scott Township | $209.2K | $242K | +15.7% |
| Pittsburgh | $230.7K | $241.5K | +4.7% |
| Green Tree | $276.2K | $273K | -1.2% |
Housing Supply in Green Tree, PA
How many homes are available in Green Tree, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Green Tree real estate market had 14 homes for sale in May 2024, a 7.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Green Tree housing inventory by bedroom type for May 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 30%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Green Tree, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Green Tree in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Green Tree, PA
How long does it take to sell a home in Green Tree, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 57 Days | 25 Days | -54.7% |
Summary: Homes in Green Tree had an average of 25 days on market in May 2024, down by 54.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Green Tree are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Green Tree; 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.
