$5,047 Closing Credit*
$425,000
1,694 SqFt
4 Beds
•2 Full Baths, 1 Partial
Terry Scollin, Listing Office: Compass Pennsylvania, LLC
Is West Conshohocken, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, West Conshohocken has remained a Seller's Market.
Key Takeaway
West Conshohocken is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Conshohocken, PA
How much do homes in West Conshohocken, PA cost?
Median Sold Price
$535,000
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$68,500(+14.7%)
Key Takeaway
Homes in West Conshohocken have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in West Conshohocken was $535,000 in November 2024, up 14.7% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $400K | $460.9K | +15.2% |
| 3 Bedrooms | $461.5K | $501.5K | +8.7% |
| 4 Bedrooms | $735K | $730K | -0.7% |
| 5+ Bedrooms | $730K | $450K | -38.4% |
Summary: West Conshohocken 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 increased by 15.2%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 38.4%.
Median Sold Price Compared To Nearby Cities
| West Conshohocken | $466.5K | $535K | +14.7% |
| Lower Merion Township | $744.8K | $801.5K | +7.6% |
| Plymouth Township | $485K | $520K | +7.2% |
| King Of Prussia | $462K | $484.1K | +4.8% |
| Conshohocken | $458.5K | $475K | +3.6% |
Housing Supply in West Conshohocken, PA
How many homes are available in West Conshohocken, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The West Conshohocken real estate market had 8 homes for sale in November 2024, a 11.1% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Conshohocken 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Conshohocken, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in West Conshohocken in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for West Conshohocken, PA
How long does it take to sell a home in West Conshohocken, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 22 Days | -6.4% |
Summary: Homes in West Conshohocken had an average of 22 days on market in Nov 2024, down by 6.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Conshohocken are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in West Conshohocken; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
