$8,193 Closing Credit*
$689,900
3,044 SqFt
4 Beds
•2 Full Baths
Christopher Monte, Listing Office: RE/MAX 440 - Skippack
Is Skippack Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Skippack Township has remained a Seller's Market.
Key Takeaway
Skippack Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Skippack Township, PA
How much do homes in Skippack Township, PA cost?
Median Sold Price
$545,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$52,500(+10.7%)
Key Takeaway
Homes in Skippack Township have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Skippack Township was $545,000 in November 2024, up 10.7% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $445.5K | $366K | -17.8% |
| 3 Bedrooms | $405K | $406K | 0.2% |
| 4 Bedrooms | $603K | $687.5K | +14.0% |
| 5+ Bedrooms | $842.5K | $780K | -7.4% |
Summary: Skippack Township 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 decreased by 17.8%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Perkiomen Township | $400K | $450K | +12.5% |
| Skippack Township | $492.5K | $545K | +10.7% |
| Lower Salford Township | $515K | $551K | +7.0% |
| Harleysville | $481.7K | $509.5K | +5.8% |
| Towamencin Township | $430K | $428.4K | -0.4% |
Housing Supply in Skippack Township, PA
How many homes are available in Skippack Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 32 | -33.3% |
Summary: The Skippack Township real estate market had 32 homes for sale in November 2024, a 33.3% 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 | 9 | 4 | -55.6% |
| 3 Bedrooms | 22 | 12 | -45.5% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Skippack Township 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 55.6%, 3 bedroom homes decreased by 45.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 14 | -30.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Skippack Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Skippack Township in November 2024, down by 30.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Skippack Township, PA
How long does it take to sell a home in Skippack Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 26 Days | +158.5% |
Summary: Homes in Skippack Township had an average of 26 days on market in Nov 2024, up by 158.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Skippack Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Skippack Township; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
