Is Sharswood, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharswood is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Sharswood has remained a Buyer's Market.

Key Takeaway

Sharswood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sharswood, PA

How much do homes in Sharswood, PA cost?

Median Sold Price

$212,450

$168/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$70,450(+49.6%)

Key Takeaway

Homes in Sharswood have sold for 49.6% more than they did a month ago.

Summary: The median home sold price in Sharswood was $212,450 in October 2024, up 49.6% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$212.4K
N/A
4 --
N/A
5+ $142K-
N/A

Summary: Sharswood housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Sharswood
+49.6%
Cabot
+3.8%

Housing Supply in Sharswood, PA

How many homes are available in Sharswood, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
16160.0%

Summary: The Sharswood real estate market had 16 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 55
0.0%
4 33
0.0%
5+ 10
-100.0%

Summary: The Sharswood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sharswood, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sharswood in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Sharswood, PA

How long does it take to sell a home in Sharswood, PA?

Average Sale Time

Sep 2024Oct 2024CHANGE
9 Days29 Days+227.8%

Summary: Homes in Sharswood had an average of 29 days on market in Oct 2024, up by 227.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sharswood are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Sharswood; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Sharswood, PA

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