Is Bristol Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bristol Township has remained a Seller's Market.
Housing Prices in Bristol Township, PA
How much do homes in Bristol Township, PA cost?
Median Sold Price
$330,006
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bristol Township was $330,006 in April 2024, up 4.8% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $250K | N/A |
2 Bedrooms | $240K | $260K | +8.3% |
3 Bedrooms | $301.5K | $320K | +6.1% |
4 Bedrooms | $335K | $360K | +7.5% |
5+ Bedrooms | $365K | $399.9K | +9.6% |
Summary: Bristol Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
Bristol | $274K | $315K | +15.0% |
Burlington | $300K | $315K | +5.0% |
Bristol Township | $315K | $330K | +4.8% |
Burlington Township | $355K | $315K | -11.3% |
Housing Supply in Bristol Township, PA
How many homes are available in Bristol Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
138 | 153 | +10.9% |
Summary: The Bristol Township real estate market had 153 homes for sale in April 2024, a 10.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 59 | 66 | +11.9% |
4 Bedrooms | 54 | 55 | +1.9% |
5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Bristol Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 43 | +7.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Bristol Township in April 2024, up by 7.5% month-over-month. Of the 43 sold homes, 33% were sold under asking, 30% were sold at asking, and 37% were sold over asking.
Days on Market for Bristol Township, PA
How long does it take to sell a home in Bristol Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 18 Days | +31.6% |
Summary: Homes in Bristol Township had an average of 18 days on market in Apr 2024, up by 31.6% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 43 homes were sold in Bristol Township; 84% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.