Real Estate Market Update for Brookhaven, PA

Video: Real Estate Community Tour for Brookhaven, PA

See Real estate community tour for Brookhaven, PA
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 12% from one year earlier, and down 1% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 110-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 13%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 120-thousand dollars. The number of units sold decreased 29% year-over-year, and decreased 19% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Brookhaven, PA
Area Information for Brookhaven, PA
  • Population: 8,009
  • Median Age: 43.13 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 4,693/sq mi
  • Population Change Since 2000: .24%
  • Closest Airport: Philadelphia International
  • Closest College: Widener University
  • Closest Jr. College: Pennsylvania Institute Of Technology
  • Median Household Income: $62,168
  • Annual Residential Turnover: 7%
  • Median Home Sales Price: $162,000
  • Closest Major Sports Team: Philadelphia Union
  • Change Avg. Household Income Since 2000: 36.29%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Brookhaven, PA
Median Age: 43.13 Married: 46% Number of Households: 3,533 Households with Children: 747
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Brookhaven, PA

      School Name Distance Type Grades School Rating Parent Rating
      The Christian Academy 0.1 mi Private K-12 0 0
      Coebourn El School 0.3 mi Public K-5 3 0
      Kindercare Learning Center 0.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      Parkside Elementary School 0.7 mi Public K-5 4 0
      Main Street School 1.1 mi Public PRESCHOOL-5 0 0
      Toby Farms Intermediate School 1.1 mi Public 3-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Brookhaven, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.