Is West Cocalico Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, West Cocalico Township was a Buyer's Market.
Key Takeaway
West Cocalico Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Cocalico Township, PA
How much do homes in West Cocalico Township, PA cost?
Median Sold Price
$387,500
$202/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in West Cocalico Township have sold for 46.2% more than they did a month ago.
Summary: The median home sold price in West Cocalico Township was $387,500 in April 2024, up 46.2% from last month, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $265K | $349.9K | +32.1% |
| 4 Bedrooms | - | $687.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: West Cocalico Township housing prices by bedroom type for April 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 increased by 32.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in West Cocalico Township, PA
How many homes are available in West Cocalico Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The West Cocalico Township real estate market had 16 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Cocalico 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 25%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Cocalico Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in West Cocalico Township in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for West Cocalico Township, PA
How long does it take to sell a home in West Cocalico Township, PA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 22 Days | +661.1% |
Summary: Homes in West Cocalico Township had an average of 22 days on market in Apr 2024, up by 661.1% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Cocalico Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in West Cocalico Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
