$2,695,000
4,017 SqFt
4 Beds
•4 Full Baths
Kevin Steiger, 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 September 2023
At the same time last year, Solebury Township was a Seller's Market.
Key Takeaway
Solebury Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Solebury Township, PA
How much do homes in Solebury Township, PA cost?
Median Sold Price
$925,000
$323/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$192,500(+26.3%)
Key Takeaway
Homes in Solebury Township have sold for 26.3% more than they did a year ago.
Summary: The median home sold price in Solebury Township was $925,000 in September 2024, up 26.3% from last year, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | $337.5K | +8.9% |
| 2 Bedrooms | $535K | $647.5K | +21.0% |
| 3 Bedrooms | $625K | $825K | +32.0% |
| 4 Bedrooms | $917K | $973K | +6.1% |
| 5+ Bedrooms | $1.5M | $1.8M | +21.0% |
Summary: Solebury Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 21%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 21%.
Median Sold Price Compared To Nearby Cities
| Solebury Township | $732.5K | $925K | +26.3% |
| New Hope | $800K | $945K | +18.1% |
| Stockton | $550K | $622.5K | +13.2% |
| Lambertville | $565K | $549.9K | -2.7% |
Housing Supply in Solebury Township, PA
How many homes are available in Solebury Township, PA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 68 | 67 | -1.5% |
Summary: The Solebury Township real estate market had 67 homes for sale in September 2024, a 1.5% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 24 | 24 | 0.0% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The Solebury Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Solebury Township, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Solebury Township in September 2024, down by 40.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 24 Days | 18 Days | -25.0% |
Summary: Homes in Solebury Township had an average of 18 days on market in Sep 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Solebury Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 9 homes were sold in Solebury Township; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
