Is West Caln Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, West Caln Township has remained a Seller's Market.
Housing Prices in West Caln Township, PA
How much do homes in West Caln Township, PA cost?
Median Sold Price
$420,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Caln Township was $420,000 in May 2024, up 14.6% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $216K | $329.5K | +52.5% |
2 Bedrooms | $320K | $284.5K | -11.1% |
3 Bedrooms | $341.5K | $367.5K | +7.6% |
4 Bedrooms | $420.7K | $455K | +8.1% |
5+ Bedrooms | $374K | $532.4K | +42.4% |
Summary: West Caln Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.5%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 42.4%.
Median Sold Price Compared To Nearby Cities
West Caln Township | $366.5K | $420K | +14.6% |
Valley Township | $267.5K | $305K | +14.0% |
Coatesville | $306.8K | $337.6K | +10.0% |
Sadsbury Township | $326.8K | $338.8K | +3.7% |
West Brandywine Township | $440K | $432.5K | -1.7% |
Housing Supply in West Caln Township, PA
How many homes are available in West Caln Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 22 | +46.7% |
Summary: The West Caln Township real estate market had 22 homes for sale in May 2024, a 46.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 9 | 13 | +44.4% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The West Caln Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in West Caln Township in May 2024, up by 100.0% 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 West Caln Township, PA
How long does it take to sell a home in West Caln Township, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 8 Days | -33.1% |
Summary: Homes in West Caln Township had an average of 8 days on market in May 2024, down by 33.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in West Caln Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.