$8,906 Closing Credit*
$750,000
4 Beds
•2 Full Baths, 1 Partial
Jennifer Dionne, Listing Office: Callaway Henderson Sotheby's Int'l-Princeton
Is Solebury Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Solebury Township has remained a Seller's Market.
Key Takeaway
Solebury Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Solebury Township, PA
How much do homes in Solebury Township, PA cost?
Median Sold Price
$920,000
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$158,750(+20.9%)
Key Takeaway
Homes in Solebury Township have sold for 20.9% more than they did a year ago.
Summary: The median home sold price in Solebury Township was $920,000 in October 2024, up 20.9% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | $337.5K | +8.9% |
| 2 Bedrooms | $535K | $727.5K | +36.0% |
| 3 Bedrooms | $640K | $795K | +24.2% |
| 4 Bedrooms | $907.5K | $975K | +7.4% |
| 5+ Bedrooms | $1.5M | $1.8M | +20.7% |
Summary: Solebury Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 36%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 20.7%.
Median Sold Price Compared To Nearby Cities
| Stockton | $546K | $678.7K | +24.3% |
| Solebury Township | $761.2K | $920K | +20.9% |
| New Hope | $840K | $947.5K | +12.8% |
| Lambertville | $570K | $555K | -2.6% |
Housing Supply in Solebury Township, PA
How many homes are available in Solebury Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 | 56 | -8.2% |
Summary: The Solebury Township real estate market had 56 homes for sale in October 2024, a 8.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 25 | 25 | 0.0% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Solebury Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Solebury Township, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Solebury Township in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 10% were sold at asking, and 70% were sold over asking.
Days on Market for Solebury Township, PA
How long does it take to sell a home in Solebury Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 98 Days | +202.5% |
Summary: Homes in Solebury Township had an average of 98 days on market in Oct 2024, up by 202.5% compared to last year.
Breakdown of Home Sale Times
7 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 Solebury Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Solebury Township; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
