ARDMORE, WYNNEWOOD, AND NARBERTH HOUSING MARKET DATA

There was a decrease in total units sold in July, with 60 sold this month in Ardmore, Wynnewood, and Narberth Real Estate versus 62 last month, a decrease of 3%. This month's total units sold was lower than at this time last year, a decrease of 8% versus July 2024.

Versus last year, the total number of homes available this month is higher by 21 units or 31%. The total number of active inventory this July was 89 compared to 68 in July 2024. This month's total of 89 is higher than the previous month's total supply of available inventory of 82, an increase of 9%.

Last July, the median sale price for Ardmore, Wynnewood, and Narberth Homes was $550,000. This July, the median sale price was $837,500, an increase of $287,500 compared to last year. The current median sold price is lower 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.

In July, there was 1.5 months of supply available in Ardmore, Wynnewood, and Narberth, compared to 1.0 in July 2024. That is an increase of 42% 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.

This month there were 64 homes newly listed for sale in Ardmore, Wynnewood, and Narberth compared to 49 in July 2024, an increase of 31%. There were 43 current contracts pending sale this July compared to 42 a year ago. The number of current contracts is 2% higher than last July.

In July, the average sale price in Ardmore, Wynnewood, and Narberth was 103.2% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 17, lower than the average last year, which was 25, a decrease of 32%.





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

Zip Code(s): 19003, 19096, 19072, 19004 and 19066
Units Sold 60	Active Inventory 89	Median Sale Price $837,500	Days On Market 17

Down -8% Vs. Year Ago	Up 31% Vs. Year Ago	Up Vs. Year Ago	Down -32% Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 60 sold this month in Ardmore, Wynnewood, and Narberth Real Estate versus 62 last month, a decrease of 3%. This month's total units sold was lower than at this time last year, a decrease of 8% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 21 units or 31%. The total number of active inventory this July was 89 compared to 68 in July 2024. This month's total of 89 is higher than the previous month's total supply of available inventory of 82, an increase of 9%.
		Median Sale Price Last July, the median sale price for Ardmore, Wynnewood, and Narberth Homes was $550,000. This July, the median sale price was $837,500, an increase of $287,500 compared to last year. The current median sold price is lower 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 64	Current Contracts 43	Sold Vs. List Price 103.2%	Months of Supply 1.5

Up 31% Vs. Year Ago	Up 2% Vs. Year Ago	No Change Vs. Year Ago	Up 41% Vs. Year Ago


		Months of Supply In July, there was 1.5 months of supply available in Ardmore, Wynnewood, and Narberth, compared to 1.0 in July 2024. That is an increase of 42% 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 64 homes newly listed for sale in Ardmore, Wynnewood, and Narberth compared to 49 in July 2024, an increase of 31%. There were 43 current contracts pending sale this July compared to 42 a year ago. The number of current contracts is 2% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Ardmore, Wynnewood, and Narberth was 103.2% 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 25, a decrease of 32%.


	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.