Is Solebury Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Solebury Township was a Seller's Market.
Housing Prices in Solebury Township, PA
How much do homes in Solebury Township, PA cost?
Median Sold Price
$840,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Solebury Township was $840,000 in April 2024, up 12% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $278K | $310.2K | +11.6% |
2 Bedrooms | $515K | $635K | +23.3% |
3 Bedrooms | $642.9K | $615K | -4.3% |
4 Bedrooms | $809K | $953K | +17.8% |
5+ Bedrooms | $2.0M | $1.6M | -23.2% |
Summary: Solebury Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 23.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes decreased by 23.2%.
Median Sold Price Compared To Nearby Cities
Stockton | $495K | $559K | +12.9% |
Solebury Township | $749.9K | $840K | +12.0% |
Lambertville | $520K | $573.7K | +10.3% |
New Hope | $800K | $850K | +6.3% |
Housing Supply in Solebury Township, PA
How many homes are available in Solebury Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 50 | +11.1% |
Summary: The Solebury Township real estate market had 50 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 14 | 17 | +21.4% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Solebury Township housing inventory by bedroom type for April 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 21.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 7 | -46.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Solebury Township in April 2024, down by 46.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Solebury Township, PA
How long does it take to sell a home in Solebury Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 12 Days | -77.0% |
Summary: Homes in Solebury Township had an average of 12 days on market in Apr 2024, down by 77% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Solebury Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.