$10,000 Closing Credit*
$999,900
2,508 SqFt
5 Beds
•2 Full Baths
Hedy Krenn, Listing Office: Piatt Sotheby'S International Realty
Is South Side Flats, 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, South Side Flats has remained a Buyer's Market.
Key Takeaway
South Side Flats is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Side Flats, PA
How much do homes in South Side Flats, PA cost?
Median Sold Price
$277,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$38,000(-12.1%)
Key Takeaway
Homes in South Side Flats have sold for 12.1% less than they did a year ago.
Summary: The median home sold price in South Side Flats was $277,000 in November 2024, down 12.1% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $214.2K | $270K | +26.0% |
| 2 Bedrooms | $315K | $260K | -17.5% |
| 3 Bedrooms | $341K | $293.2K | -14.0% |
| 4 Bedrooms | $208.2K | $211.5K | +1.5% |
| 5+ Bedrooms | $224K | $304K | +35.7% |
Summary: South Side Flats housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26%, 2 bedroom homes decreased by 17.5%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 35.7%.
Median Sold Price Compared To Nearby Neighborhoods
| West District | $179.6K | $185K | +3.0% |
| South Side Flats | $315K | $277K | -12.1% |
| South Side | $260K | $220K | -15.4% |
Housing Supply in South Side Flats, PA
How many homes are available in South Side Flats, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 58 | +9.4% |
Summary: The South Side Flats real estate market had 58 homes for sale in November 2024, a 9.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 17 | 20 | +17.6% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The South Side Flats 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 increased by 17.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Side Flats, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in South Side Flats in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for South Side Flats, PA
How long does it take to sell a home in South Side Flats, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 119 Days | 72 Days | -38.8% |
Summary: Homes in South Side Flats had an average of 72 days on market in Nov 2024, down by 38.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South Side Flats are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in South Side Flats; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
