$10,000 Closing Credit*
$2,100,000
2,755 SqFt
3 Beds
•3 Full Baths, 2 Partial
Kathy Wallace, Listing Office: Compass Pennsylvania, Llc
Is Strip District, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Strip District was a Buyer's Market.
Key Takeaway
Strip District is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Strip District, PA
How much do homes in Strip District, PA cost?
Median Sold Price
$1,317,000
$500/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$742,000(+129.0%)
Key Takeaway
Homes in Strip District have sold for 129% more than they did a month ago.
Summary: The median home sold price in Strip District was $1,317,000 in October 2024, up 129% from last month, and the median price per square foot was $500.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | $465K | +27.4% |
| 2 Bedrooms | $946K | $1.3M | +39.2% |
| 3 Bedrooms | - | $2.0M | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Strip District housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 27.4%, 2 bedroom homes increased by 39.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Strip District, PA
How many homes are available in Strip District, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 34 | +3.0% |
Summary: The Strip District real estate market had 34 homes for sale in October 2024, a 3.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 22 | 23 | +4.5% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Strip District housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 4.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Strip District, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Strip District in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Strip District, PA
How long does it take to sell a home in Strip District, PA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 Days | 12 Days | -86.5% |
Summary: Homes in Strip District had an average of 12 days on market in Oct 2024, down by 86.5% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Strip District are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Strip District; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
