$7,125 Closing Credit*
$599,999
2,124 SqFt
3 Beds
•2 Full Baths, 1 Partial
Billie Motto, Listing Office: Realty Management Works LLC
Is Passyunk Homes, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Passyunk Homes was a Buyer's Market.
Key Takeaway
Passyunk Homes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Passyunk Homes, PA
How much do homes in Passyunk Homes, PA cost?
Median Sold Price
$694,617
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$59,617(+9.4%)
Key Takeaway
Homes in Passyunk Homes have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Passyunk Homes was $694,617 in November 2024, up 9.4% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $387.4K | $421K | +8.7% |
| 3 Bedrooms | $630K | $715.5K | +13.6% |
| 4 Bedrooms | $683K | $580.5K | -15.0% |
| 5+ Bedrooms | $627.5K | $722.5K | +15.1% |
Summary: Passyunk Homes 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 increased by 8.7%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Passyunk Homes | $635K | $694.6K | +9.4% |
| Marconi Plaza | $280K | $297.7K | +6.3% |
| Girard Estate | $385K | $331K | -14.0% |
Housing Supply in Passyunk Homes, PA
How many homes are available in Passyunk Homes, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The Passyunk Homes real estate market had 10 homes for sale in November 2024, a 16.7% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Passyunk Homes 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 remained the same, 3 bedroom homes decreased by 36.4%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 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 Passyunk Homes, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Passyunk Homes in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Passyunk Homes, PA
How long does it take to sell a home in Passyunk Homes, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 67 Days | 161 Days | +139.3% |
Summary: Homes in Passyunk Homes had an average of 161 days on market in Nov 2024, up by 139.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Passyunk Homes has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Passyunk Homes; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
