$3,266 Closing Credit*
$275,000
3 Beds
•2 Full Baths, 1 Partial
Christopher B Nelson, Listing Office: Genstone Realty
Is Point Breeze, 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, Point Breeze was a Seller's Market.
Key Takeaway
Point Breeze is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Point Breeze, PA
How much do homes in Point Breeze, PA cost?
Median Sold Price
$335,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$120(0.0%)
Key Takeaway
The sold price of homes in Point Breeze has remained the same since last year.
Summary: The median home sold price in Point Breeze was $335,000 in November 2024, the same as last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $232.5K | $223.7K | -3.8% |
| 2 Bedrooms | $282.3K | $299K | +5.9% |
| 3 Bedrooms | $370K | $340K | -8.1% |
| 4 Bedrooms | $418K | $445K | +6.5% |
| 5+ Bedrooms | $310K | $530K | +71.0% |
Summary: Point Breeze housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 71%.
Median Sold Price Compared To Nearby Neighborhoods
| Passayunk Square | $400K | $410K | +2.5% |
| South Philadelphia | $342.8K | $346.5K | +1.1% |
| Point Breeze | $334.8K | $335K | 0.0% |
| Schuylkill / Graduate Hospital | $608.3K | $600K | -1.4% |
Housing Supply in Point Breeze, PA
How many homes are available in Point Breeze, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 175 | 176 | +0.6% |
Summary: The Point Breeze real estate market had 176 homes for sale in November 2024, a 0.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 45 | 46 | +2.2% |
| 3 Bedrooms | 92 | 89 | -3.3% |
| 4 Bedrooms | 29 | 32 | +10.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Point Breeze 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 increased by 2.2%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 17 | -55.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Point Breeze, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Point Breeze in November 2024, down by 55.3% month-over-month. Of the 17 sold homes, 65% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Point Breeze, PA
How long does it take to sell a home in Point Breeze, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 53 Days | +10.1% |
Summary: Homes in Point Breeze had an average of 53 days on market in Nov 2024, up by 10.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Point Breeze are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Point Breeze; 47% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
