The Long & Foster Market Minute

FOCUS ON: ABINGTON, HUNTINGTON VALLEY, AND JENKINTOWN HOUSING MARKET JUNE 2025

Zip Code(s): 19001, 19006, 19009 and 19046
Units Sold
70
Active Inventory
86
Median Sale Price
$507,500
Days On Market
17
Up 23%
Vs. Year Ago
Down -12%
Vs. Year Ago
Up 1%
Vs. Year Ago
Down -35%
Vs. Year Ago

Units Sold
There was an increase in total units sold in June, with 70 sold this month in Abington, Huntington Valley, and Jenkintown Real Estate versus 58 last month, an increase of 21%. This month's total units sold was higher than at this time last year, an increase of 23% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 12 units or 12%. The total number of active inventory this June was 86 compared to 98 in June 2024. This month's total of 86 is lower than the previous month's total supply of available inventory of 93, a decrease of 8%.

Median Sale Price
Last June, the median sale price for Abington, Huntington Valley, and Jenkintown Homes was $500,000. This June, the median sale price was $507,500, an increase of 2% or $7,500 compared to last year. The current median sold price is 9% lower than in May.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
74
Current Contracts
63
Sold Vs. List Price
100.4%
Months of Supply
1.2
Down -3%
Vs. Year Ago
Up 5%
Vs. Year Ago
No Change
Vs. Year Ago
Down -28%
Vs. Year Ago

Months of Supply
In June, there was 1.2 months of supply available in Abington, Huntington Valley, and Jenkintown, compared to 1.7 in June 2024. That is a decrease of 29% 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 74 homes newly listed for sale in Abington, Huntington Valley, and Jenkintown compared to 76 in June 2024, a decrease of 3%. There were 63 current contracts pending sale this June compared to 60 a year ago. The number of current contracts is 5% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Abington, Huntington Valley, and Jenkintown was 100.4% of the average list price, which is similar compared to a year ago.

Days on Market
This month, the average number of days on market was 17, lower than the average last year, which was 26, a decrease of 35%.

The Long & Foster Market Minute Abington, Huntington Valley, and Jenkintown are defined as properties listed in zip code/s 19001, 19006, 19009 and 19046.
*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.
REALTOR, Equal Opportunity HousingInformation 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.