ARDMORE, WYNNEWOOD, AND NARBERTH HOUSING MARKET DATA

There was a decrease in total units sold in June, with 60 sold this month in Ardmore, Wynnewood, and Narberth Real Estate versus 68 last month, a decrease of 12%. This month's total units sold was higher than at this time last year, an increase of 2% versus June 2024.

Versus last year, the total number of homes available this month is higher by 3 units or 4%. The total number of active inventory this June was 72 compared to 69 in June 2024. This month's total of 72 is lower than the previous month's total supply of available inventory of 86, a decrease of 16%.

Last June, the median sale price for Ardmore, Wynnewood, and Narberth Homes was $525,000. This June, the median sale price was $972,500, an increase of $447,500 compared to last year. The current median sold price is higher 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.

In June, there was 1.2 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.

This month there were 53 homes newly listed for sale in Ardmore, Wynnewood, and Narberth compared to 55 in June 2024, a decrease of 4%. There were 54 current contracts pending sale this June compared to 58 a year ago. The number of current contracts is 7% lower than last June.

In June, the average sale price in Ardmore, Wynnewood, and Narberth was 103.9% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 22, higher than the average last year, which was 15, an increase of 47%.





FOCUS ON: ARDMORE, WYNNEWOOD, AND NARBERTH HOUSING MARKET			JUNE 2025

Zip Code(s): 19003, 19096, 19072, 19004 and 19066
Units Sold 60	Active Inventory 72	Median Sale Price $972,500	Days On Market 22

Up 2% Vs. Year Ago	Up 4% Vs. Year Ago	Up Vs. Year Ago	Up 47% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 60 sold this month in Ardmore, Wynnewood, and Narberth Real Estate versus 68 last month, a decrease of 12%. This month's total units sold was higher than at this time last year, an increase of 2% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 3 units or 4%. The total number of active inventory this June was 72 compared to 69 in June 2024. This month's total of 72 is lower than the previous month's total supply of available inventory of 86, a decrease of 16%.
		Median Sale Price Last June, the median sale price for Ardmore, Wynnewood, and Narberth Homes was $525,000. This June, the median sale price was $972,500, an increase of $447,500 compared to last year. The current median sold price is higher 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 53	Current Contracts 54	Sold Vs. List Price 103.9%	Months of Supply 1.2

Down -4% Vs. Year Ago	Down -7% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In June, there was 1.2 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.
New Listings & Current Contracts This month there were 53 homes newly listed for sale in Ardmore, Wynnewood, and Narberth compared to 55 in June 2024, a decrease of 4%. There were 54 current contracts pending sale this June compared to 58 a year ago. The number of current contracts is 7% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in Ardmore, Wynnewood, and Narberth was 103.9% 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 22, higher than the average last year, which was 15, an increase of 47%.


	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.