$1,603 Closing Credit*
$135,000
964 SqFt
3 Beds
•1 Full Bath
Celenia Martinez, Listing Office: Quality Real Estate-Broad St
Is Summerdale, 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, Summerdale has remained a Seller's Market.
Key Takeaway
Summerdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Summerdale, PA
How much do homes in Summerdale, PA cost?
Median Sold Price
$181,250
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,500(+2.0%)
Key Takeaway
Homes in Summerdale have sold for 2% more than they did a year ago.
Summary: The median home sold price in Summerdale was $181,250 in October 2024, up 2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $150K | N/A |
| 3 Bedrooms | $175.2K | $183.7K | +4.9% |
| 4 Bedrooms | $214.5K | $215K | 0.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Summerdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Crescentville | $196.4K | $215K | +9.4% |
| Lawndale | $249.9K | $268K | +7.2% |
| Oxford Circle | $225K | $240K | +6.7% |
| Summerdale | $177.7K | $181.2K | +2.0% |
| Northwood | $183K | $185K | +1.1% |
Housing Supply in Summerdale, PA
How many homes are available in Summerdale, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Summary: The Summerdale real estate market had 22 homes for sale in October 2024, a 4.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Summerdale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Summerdale, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Summerdale in October 2024, down by 50.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Summerdale, PA
How long does it take to sell a home in Summerdale, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 39 Days | +7.7% |
Summary: Homes in Summerdale had an average of 39 days on market in Oct 2024, up by 7.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Summerdale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Summerdale; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
