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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharswood is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Sharswood was a Buyer's Market.

Key Takeaway

Sharswood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sharswood, PA

How much do homes in Sharswood, PA cost?

Median Sold Price

$210,000

$193/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$2,450(-1.2%)

Key Takeaway

Homes in Sharswood have sold for 1.2% less than they did a month ago.

Summary: The median home sold price in Sharswood was $210,000 in November 2024, down 1.2% from last month, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$217.5K
N/A
3 $212.4K$200.5K
-5.6%
4 --
N/A
5+ --
N/A

Summary: Sharswood housing prices by bedroom type for November 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 decreased by 5.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sharswood, PA

How many homes are available in Sharswood, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1516+6.7%

Summary: The Sharswood real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 56
+20.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Sharswood 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 decreased by 12.5%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Sharswood in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% 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

Oct 2024Nov 2024CHANGE
29 Days83 Days+182.2%

Summary: Homes in Sharswood had an average of 83 days on market in Nov 2024, up by 182.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sharswood are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Sharswood; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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

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