Is Edgeworth, 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, Edgeworth was a Neutral Market.
Key Takeaway
Edgeworth is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Edgeworth, PA
How much do homes in Edgeworth, PA cost?
Median Sold Price
$926,459
$371/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Edgeworth have sold for 58.4% more than they did a month ago.
Summary: The median home sold price in Edgeworth was $926,459 in May 2024, up 58.4% from last month, and the median price per square foot was $371.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $305K | $247K | -19.0% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $865K | $926.4K | +7.1% |
| 5+ Bedrooms | - | $2.9M | N/A |
Summary: Edgeworth 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 decreased by 19%, 3 bedroom homes did not change, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.
Housing Supply in Edgeworth, PA
How many homes are available in Edgeworth, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Summary: The Edgeworth real estate market had 14 homes for sale in May 2024, a 16.7% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Edgeworth 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 50%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Edgeworth, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Edgeworth in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Edgeworth, PA
How long does it take to sell a home in Edgeworth, PA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 Days | 110 Days | +7233.3% |
Summary: Homes in Edgeworth had an average of 110 days on market in May 2024, up by 7233.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Edgeworth are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 3 homes were sold in Edgeworth; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
