Updated February 17, 2020
- In 2020, the average time it takes to sell a home in Pennsylvania — from listing through closing — is approximately 80 days. That’s 45 days to get an offer, plus the typical 35-day closing period.
- Key factors that impact Pennsylvania home sale timelines include local market conditions (e.g., buyer demand, job market, rising home values, etc.), time of year, and your property’s type and condition.
- Your agent’s listing strategy (pricing, marketing, networking, etc.) and the buyer’s financing situation — i.e., the amount of time it takes for them to secure loan approval — will also influence how long your sale ultimately takes.
Read on to learn more about how long it takes to sell a house in Pennsylvania — and get some pro tips on how to speed up your sale, get better offers, and save thousands in the process.
What’s the average time to sell a house in Pennsylvania?
|Average Time to Sell*||Average Price**|
*Redfin Data Center (average of median days on market in 2019)
**Redfin Data Center (average of median price in 2019)
The average time it takes to sell a house in Pennsylvania in 2020 is 80 days — 45 days to get an offer and an additional 35 days to close. This is approximately equal to the national average. Keep in mind that these are annual averages and the numbers will vary by month and/or season.
Best time to sell a house in Pennsylvania
In addition to the average days on market and list price data, we’ve compiled data on the BEST (and worst) time to sell your Pennsylvania house based on what’s most important to you:
- Fastest Time to Sell: When should you list your home if you’re looking to sell quickly?
- Highest Sale Price: What month should you list in to get the best possible price for your home?
Best month to sell a house fast in Pennsylvania
|Month*||Days on Market*|
|Best Month||June||36 days|
|Worst Month||February||64 days|
*Redfin Data Center (median days on market by month in 2019)
The best month to sell a house fast in Pennsylvania is June. The median time it takes for Pennsylvania homes listed in June to get an offer is 36 days, which is 9 days faster than the annual average.
Best month to sell a house in Pennsylvania for price
*Redfin Data Center (median sale price by month in 2019)
The best month to sell a house in Pennsylvania in terms of sale price is June. The median sale price in June is $242,000, which is 10.97% — or $23,917 — more than the annual average.
5 tips to get your Pennsylvania home sold
1. Understand your own goals
In Pennsylvania, unlike in most other states, there is a discrepancy between the times during which homes sell the fastest and sell at the highest profit. Fall is the best season for a quick sale. On the other hand, homes that sell in the summer make the most money.
In order to make a successful sale, you have to understand what your main goal is. If you’re looking to move into another home in a hurry then fall would be the right time to list your home for sale. But if you’re trying to make the most possible money from the sale, then you should put your home up for sale late in the spring or in summer.
2. Track local real estate trends
Although there are certain patterns that are prevalent state-wide, in most cases each city and even neighborhood can have its own real estate trends.
Consider, for example, Philadelphia, where a record number of homes sold in the fourth quarter of 2018. This was during the same time when the sales of single-family homes dropped to a more than two-year low in the rest of the United States. Statistics such as that one are proof that it is important to keep a tab not just on state-wide trends, but also within your own city and if possible, neighborhood.
3. Hire a real estate agent
That brings us to the question of how you can stay cognizant of what’s going on in the real estate market in your area. The best way to do that is by hiring a local real estate agent.
Real estate agents work on buying and selling homes on a daily basis. They know exactly how the market is trending at any given time. An experienced agent will be able to tell you how much leverage you have in the market and what that means for the sale of your home. By tapping into that knowledge, you make sure that you get the best possible price on your property.
4. Set the right price right from the start
Pricing is one of the details that you need to get absolutely right while selling your house in Pennsylvania.
According to the Pennsylvania Association of Realtors, bidding wars on homes can be quite common in the state. Agents advise buyers to quote at least $5,000 — and sometimes $15,000 or more — above the asking price in order to increase their chances of getting a home.
By pricing a home competitively, you appeal to a larger pool of buyers. This, in turn, could set off a bidding war and ramp up the price of your property.
5. Market your home effectively
Marketing your home in the right way can often be the difference between getting attention from a lot of buyers and not getting any at all. There are a number of different things home sellers can do to spread the word about their property.
The most important element of any real estate marketing campaign is high-quality photos. Buyers looking for homes online rely heavily on pictures to determine which homes they’ll visit. Buyer’s agents also bring homes to their clients based on photographs they’ve seen in listings.
So it’s imperative that sellers get high-quality shots of both the interiors and exteriors of their home before going on the market. You can always hire a professional if you don’t have your own photography equipment.
Next steps for Pennsylvania home sellers
If you’re looking to sell your home fast in Pennsylvania and get a great price, Clever can help.
Clever negotiates reduced rates with top-rated real estate agents throughout Pennsylvania. Get full service and support for a flat $3,000 listing fee — or just 1% if your home sells for more than $350,000. You’ll still have to offer a buyer’s agent commission, per the standard rate in your area (typically 2.5-3%), but overall, you’ll still save up to 50% on standard commission fees.
Importantly, home sellers who list with Clever get their first qualified offer in an average of 13 days* — that’s 32 days faster than the average time to offer in Pennsylvania.
*Average time to offer for Clever home sellers in 2019.