$10,000 Closing Credit*
$1,100,000
5,445 SqFt
6 Beds
•5 Full Baths, 1 Partial
Anthony Thomas Letizia, Listing Office: VRA Realty
Is London Britain 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, London Britain Township has remained a Seller's Market.
Key Takeaway
London Britain Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in London Britain Township, PA
How much do homes in London Britain Township, PA cost?
Median Sold Price
$640,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$134,000(+26.5%)
Key Takeaway
Homes in London Britain Township have sold for 26.5% more than they did a year ago.
Summary: The median home sold price in London Britain Township was $640,000 in November 2024, up 26.5% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $140K | N/A |
| 3 Bedrooms | $443.5K | $495K | +11.6% |
| 4 Bedrooms | $522.5K | $650K | +24.4% |
| 5+ Bedrooms | $807.5K | $1.1M | +44.0% |
Summary: London Britain 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 did not change, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes increased by 44%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $470K | $608K | +29.4% |
| London Britain Township | $506K | $640K | +26.5% |
| Piedmont | $610K | $670K | +9.8% |
| Landenberg | $585K | $630K | +7.7% |
| New Garden Township | $570K | $595K | +4.4% |
Housing Supply in London Britain Township, PA
How many homes are available in London Britain Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Summary: The London Britain Township real estate market had 7 homes for sale in November 2024, a 30.0% 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 | 2 | 3 | +50.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The London Britain 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 increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in London Britain Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in London Britain Township in November 2024, the same as the previous month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for London Britain Township, PA
How long does it take to sell a home in London Britain Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 4 Days | -90.6% |
Summary: Homes in London Britain Township had an average of 4 days on market in Nov 2024, down by 90.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in London Britain Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in London Britain Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
