$2,255 Closing Credit*
$189,900
Dan Howell | Joel Peretic, Listing Office: Coldwell Banker Realty
Is Sewickley Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sewickley Township was a Seller's Market.
Key Takeaway
Sewickley Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sewickley Township, PA
How much do homes in Sewickley Township, PA cost?
Median Sold Price
$425,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,000(+7.3%)
Key Takeaway
Homes in Sewickley Township have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in Sewickley Township was $425,000 in October 2024, up 7.3% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $150K | +50.0% |
| 2 Bedrooms | $222K | $265K | +19.4% |
| 3 Bedrooms | $355.2K | $337.5K | -5.0% |
| 4 Bedrooms | $580K | $587.5K | +1.3% |
| 5+ Bedrooms | $1.0M | $1.0M | 0.1% |
Summary: Sewickley Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 19.4%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 0.1%.
Median Sold Price Compared To Nearby Cities
| Sewickley Township | $396K | $425K | +7.3% |
| Herminie | $152.9K | $162.5K | +6.3% |
Housing Supply in Sewickley Township, PA
How many homes are available in Sewickley Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 107 | 112 | +4.7% |
Summary: The Sewickley Township real estate market had 112 homes for sale in October 2024, a 4.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 17 | 21 | +23.5% |
| 3 Bedrooms | 38 | 34 | -10.5% |
| 4 Bedrooms | 29 | 34 | +17.2% |
| 5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The Sewickley Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 23.5%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 18 | -25.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sewickley Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Sewickley Township in October 2024, down by 25.0% month-over-month. Of the 18 sold homes, 56% were sold under asking, 17% were sold at asking, and 28% were sold over asking.
Days on Market for Sewickley Township, PA
How long does it take to sell a home in Sewickley Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 25 Days | -52.9% |
Summary: Homes in Sewickley Township had an average of 25 days on market in Oct 2024, down by 52.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sewickley Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in Sewickley Township; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
