$3,739 Closing Credit*
$314,900
1,656 SqFt
2 Beds
•2 Full Baths
Edward J Kowalski, Listing Office: EXP Realty, LLC
Is Tredyffrin Township, 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, Tredyffrin Township has remained a Seller's Market.
Key Takeaway
Tredyffrin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tredyffrin Township, PA
How much do homes in Tredyffrin Township, PA cost?
Median Sold Price
$707,600
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$72,516(+11.4%)
Key Takeaway
Homes in Tredyffrin Township have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in Tredyffrin Township was $707,600 in October 2024, up 11.4% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $229K | $232.5K | +1.5% |
| 2 Bedrooms | $332.3K | $360K | +8.3% |
| 3 Bedrooms | $590K | $586.2K | -0.6% |
| 4 Bedrooms | $827.5K | $930K | +12.4% |
| 5+ Bedrooms | $1.1M | $1.5M | +40.5% |
Summary: Tredyffrin Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 40.5%.
Median Sold Price Compared To Nearby Cities
| Wayne | $650K | $750K | +15.4% |
| Tredyffrin Township | $635K | $707.6K | +11.4% |
| Devon | $865K | $850K | -1.7% |
| Berwyn | $815K | $800K | -1.8% |
| Easttown Township | $950K | $850K | -10.5% |
Housing Supply in Tredyffrin Township, PA
How many homes are available in Tredyffrin Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 86 | 85 | -1.2% |
Summary: The Tredyffrin Township real estate market had 85 homes for sale in October 2024, a 1.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 28 | 27 | -3.6% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The Tredyffrin Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 34 | +47.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tredyffrin Township, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 34 homes were sold or pending in Tredyffrin Township in October 2024, up by 47.8% month-over-month. Of the 34 sold homes, 35% were sold under asking, 12% were sold at asking, and 53% were sold over asking.
Days on Market for Tredyffrin Township, PA
How long does it take to sell a home in Tredyffrin Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 30 Days | +102.2% |
Summary: Homes in Tredyffrin Township had an average of 30 days on market in Oct 2024, up by 102.2% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tredyffrin Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 34 homes were sold in Tredyffrin Township; 76% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
