$5,750,000
9,800 SqFt
6 Beds
•6 Full Baths, 1 Partial
Dana Lansing, Listing Office: Kurfiss Sotheby's International Realty
Is Solebury 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, 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
$940,000
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$170,000(+22.1%)
Key Takeaway
Homes in Solebury Township have sold for 22.1% more than they did a year ago.
Summary: The median home sold price in Solebury Township was $940,000 in November 2024, up 22.1% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | $337.5K | +8.9% |
| 2 Bedrooms | $535K | $705K | +31.8% |
| 3 Bedrooms | $625K | $835K | +33.6% |
| 4 Bedrooms | $939.5K | $975K | +3.8% |
| 5+ Bedrooms | $1.6M | $1.8M | +17.0% |
Summary: Solebury Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 33.6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 17%.
Median Sold Price Compared To Nearby Cities
| Stockton | $548K | $692.4K | +26.4% |
| Solebury Township | $770K | $940K | +22.1% |
| New Hope | $840K | $950K | +13.1% |
| Lambertville | $567.5K | $564.9K | -0.5% |
Housing Supply in Solebury Township, PA
How many homes are available in Solebury Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 51 | -3.8% |
Summary: The Solebury Township real estate market had 51 homes for sale in November 2024, a 3.8% 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 | 6 | 3 | -50.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Solebury 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Solebury Township, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Solebury Township in November 2024, up by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 40 Days | +34.8% |
Summary: Homes in Solebury Township had an average of 40 days on market in Nov 2024, up by 34.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 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 November 2024, 12 homes were sold in Solebury Township; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
