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| FOCUS ON: ARDMORE, WYNNEWOOD, AND NARBERTH HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 19003, 19096, 19072, 19004 and 19066 |
Units Sold
47 |
Active Inventory
90 |
Median Sale Price
$489,500 |
Days On Market
34 |
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Up 31%
Vs. Year Ago |
Up 25%
Vs. Year Ago |
Down -23%
Vs. Year Ago |
Up 55%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 47 sold this month in Ardmore, Wynnewood, and Narberth Real Estate versus 62 last month, a decrease of 24%. This month's total units sold was higher than at this time last year, an increase of 31% versus September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 18 units or 25%. The total number of active inventory this September was 90 compared to 72 in September 2024. This month's total of 90 is higher than the previous month's total supply of available inventory of 81, an increase of 11%.
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Median Sale Price
Last September, the median sale price for Ardmore, Wynnewood, and Narberth Homes was $635,000. This September, the median sale price was $489,500, a decrease of 23% or $145,500 compared to last year. The current median sold price is 22% lower than in August.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
66 |
Current Contracts
50 |
Sold Vs. List Price
97.9% |
Months of Supply
1.9 |
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Up 16%
Vs. Year Ago |
Down -7%
Vs. Year Ago |
Down -2.7%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In September, there was 1.9 months of supply available in Ardmore, Wynnewood, and Narberth. The amount of supply is similar compared to 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.
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New Listings & Current Contracts
This month there were 66 homes newly listed for sale in Ardmore, Wynnewood, and Narberth compared to 57 in September 2024, an increase of 16%. There were 50 current contracts pending sale this September compared to 54 a year ago. The number of current contracts remained stable as compared to last September.
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Sale Price to List Price Ratio
In September, the average sale price in Ardmore, Wynnewood, and Narberth was 97.9% of the average list price, which is 2.7% lower than at this time last year.
Days on Market
This month, the average number of days on market was 34, higher than the average last year, which was 22, an increase of 55%.
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Ardmore, Wynnewood, and Narberth are defined as properties listed in zip code/s 19003, 19096, 19072, 19004 and 19066, and includes but is not limited to Ardmore, Wynnewood, Narberth, Merion, and Bala Cynwyd. |
| *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. |