$9,441 Closing Credit*
$795,000
2,236 SqFt
3 Beds
•2 Full Baths
Gary A Mercer Sr., Listing Office: KW Greater West Chester
Is Villanova, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Villanova was a Buyer's Market.
Key Takeaway
Villanova 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 Villanova, PA
How much do homes in Villanova, PA cost?
Median Sold Price
$1,412,500
$333/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$97,680(-6.5%)
Key Takeaway
Homes in Villanova have sold for 6.5% less than they did a year ago.
Summary: The median home sold price in Villanova was $1,412,500 in November 2024, down 6.5% from last year, and the median price per square foot was $333.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $540K | $1.4M | +159.3% |
| 4 Bedrooms | $1.1M | $1.1M | +4.0% |
| 5+ Bedrooms | $2.1M | $1.6M | -22.8% |
Summary: Villanova housing prices by bedroom type for November 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 159.3%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 22.8%.
Housing Supply in Villanova, PA
How many homes are available in Villanova, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Summary: The Villanova real estate market had 21 homes for sale in November 2024, a 16.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 10 | 4 | -60.0% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Villanova 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 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 Villanova, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Villanova in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Villanova, PA
How long does it take to sell a home in Villanova, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 32 Days | +56.1% |
Summary: Homes in Villanova had an average of 32 days on market in Nov 2024, up by 56.1% compared to last year.
Breakdown of Home Sale Times
2 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 Villanova are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Villanova; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
