$4,155 Closing Credit*
$349,900
Michael Vieira, Listing Office: Exp Realty Llc
Is Mount Washington, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Mount Washington has remained a Buyer's Market.
Key Takeaway
Mount Washington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mount Washington, PA
How much do homes in Mount Washington, PA cost?
Median Sold Price
$222,500
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$17,500(-7.3%)
Key Takeaway
Homes in Mount Washington have sold for 7.3% less than they did a year ago.
Summary: The median home sold price in Mount Washington was $222,500 in October 2024, down 7.3% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $463.5K | $115K | -75.2% |
| 2 Bedrooms | $185K | $157.4K | -14.9% |
| 3 Bedrooms | $235.9K | $240K | +1.7% |
| 4 Bedrooms | $230K | $238.8K | +3.8% |
| 5+ Bedrooms | $299.5K | $352.5K | +17.7% |
Summary: Mount Washington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.2%, 2 bedroom homes decreased by 14.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 17.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Allentown | $69.3K | $67K | -3.4% |
| Duquesne Heights | $353.7K | $338.5K | -4.3% |
| Mount Washington | $240K | $222.5K | -7.3% |
Housing Supply in Mount Washington, PA
How many homes are available in Mount Washington, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 58 | -3.3% |
Summary: The Mount Washington real estate market had 58 homes for sale in October 2024, a 3.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 31 | 31 | 0.0% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Mount Washington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 10%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
6 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 Mount Washington, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Mount Washington in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Mount Washington, PA
How long does it take to sell a home in Mount Washington, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 59 Days | 63 Days | +7.3% |
Summary: Homes in Mount Washington had an average of 63 days on market in Oct 2024, up by 7.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Washington are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Mount Washington; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
