Is Connoquenessing Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Connoquenessing Township has remained a Seller's Market.
Housing Prices in Connoquenessing Township, PA
How much do homes in Connoquenessing Township, PA cost?
Median Sold Price
$359,900
$281/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Connoquenessing Township was $359,900 in May 2024, down 5.9% from last month, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $350K | - | N/A |
3 Bedrooms | - | $446.2K | N/A |
4 Bedrooms | $475K | $359.9K | -24.2% |
5+ Bedrooms | - | - | N/A |
Summary: Connoquenessing Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 24.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Prospect | $65K | $359.9K | +453.7% |
Connoquenessing Township | $382.5K | $359.9K | -5.9% |
Connoquenessing | $395K | $155K | -60.8% |
Housing Supply in Connoquenessing Township, PA
How many homes are available in Connoquenessing Township, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Summary: The Connoquenessing Township real estate market had 12 homes for sale in May 2024, a 20.0% 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 | 3 | 1 | -66.7% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Connoquenessing 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 decreased by 66.7%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Connoquenessing Township in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Connoquenessing Township, PA
How long does it take to sell a home in Connoquenessing Township, PA?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 Days | 45 Days | +115.9% |
Summary: Homes in Connoquenessing Township had an average of 45 days on market in May 2024, up by 115.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Connoquenessing Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.