 |
|||
 |
|||
| | |||
| JULY 2025 | |||
| | |||
| Zip Code(s): 19803, 19807, 19732, 19710 and 19736 | |||
| Units Sold 38 |
Active Inventory 46 |
Median Sale Price $775,500 |
Days On Market 28 |
|
|
|
|
|
| Down -3% Vs. Year Ago |
Down -22% Vs. Year Ago |
Up Vs. Year Ago |
Up Vs. Year Ago |
| | |||
Units Sold
There was a decrease in total units sold in July, with 38 sold this month in Blue Ball, Talleyville, and West Farm Real Estate versus 39 last month, a decrease of 3%. This month's total units sold was lower than at this time last year, a decrease of 3% versus July 2024. |
|||
Active Inventory
Versus last year, the total number of homes available this month is lower by 13 units or 22%. The total number of active inventory this July was 46 compared to 59 in July 2024. This month's total of 46 is lower than the previous month's total supply of available inventory of 62, a decrease of 26%. |
|||
Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last July, the median sale price for Blue Ball, Talleyville, and West Farm Homes was $530,000. This July, the median sale price was $775,500, an increase of $245,500 compared to last year. The current median sold price is higher than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
|||
| | |||
| New Listings 40 |
Current Contracts 47 |
Sold Vs. List Price 99.3% |
Months of Supply 1.2 |
|
|
|
|
|
| Up 8% Vs. Year Ago |
Up 114% Vs. Year Ago |
Up 0.6% Vs. Year Ago |
Down -20% Vs. Year Ago |
| | |||
Months of Supply
In July, there was 1.2 months of supply available in Blue Ball, Talleyville, and West Farm, compared to 1.5 in July 2024. That is a decrease of 20% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
|||
New Listings & Current Contracts
This month there were 40 homes newly listed for sale in Blue Ball, Talleyville, and West Farm compared to 37 in July 2024, an increase of 8%. There were 47 current contracts pending sale this July compared to 22 a year ago. The number of current contracts is 114% higher than last July. |
|||
Sale Price to List Price Ratio
In July, the average sale price in Blue Ball, Talleyville, and West Farm was 99.3% of the average list price, which is 0.6% higher than at this time last year. Days on Market
This month, the average number of days on market was 28, higher than the average last year, which was 18. This increase was impacted by the limited number of sales. | |||
 |
Blue Ball, Talleyville, and West Farm are defined as properties listed in zip code/s 19803, 19807, 19732, 19710 and 19736. | ||
| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |
|||