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| FOCUS ON: AUDUBON, EAST NORRITON, AND WEST NORRITON HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 19403 and 19456 |
Units Sold
39 |
Active Inventory
44 |
Median Sale Price
$415,000 |
Days On Market
22 |
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Up
Vs. Year Ago |
Down -17%
Vs. Year Ago |
Up 4%
Vs. Year Ago |
Up 5%
Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in September, with 39 sold this month in Audubon, East Norriton, and West Norriton Real Estate. This month's total units sold was higher than at this time last year, an increase from September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 9 units or 17%. The total number of active inventory this September was 44 compared to 53 in September 2024. This month's total of 44 is lower than the previous month's total supply of available inventory of 45, a decrease of 2%.
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Median Sale Price
Last September, the median sale price for Audubon, East Norriton, and West Norriton Homes was $399,900. This September, the median sale price was $415,000, an increase of 4% or $15,100 compared to last year. The current median sold price is 2% higher 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
41 |
Current Contracts
41 |
Sold Vs. List Price
101.7% |
Months of Supply
1.1 |
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Up 24%
Vs. Year Ago |
Up 37%
Vs. Year Ago |
Up 1%
Vs. Year Ago |
Down -55%
Vs. Year Ago |
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Months of Supply
In September, there was 1.1 months of supply available in Audubon, East Norriton, and West Norriton, compared to 2.5 in September 2024. That is a decrease of 55% 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.
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New Listings & Current Contracts
This month there were 41 homes newly listed for sale in Audubon, East Norriton, and West Norriton compared to 33 in September 2024, an increase of 24%. There were 41 current contracts pending sale this September compared to 30 a year ago. The number of current contracts is 37% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Audubon, East Norriton, and West Norriton was 101.7% of the average list price, which is 1.0% higher than at this time last year.
Days on Market
This month, the average number of days on market was 22, higher than the average last year, which was 21, an increase of 5%.
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Audubon, East Norriton, and West Norriton are defined as properties listed in zip code/s 19403 and 19456. |
| *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. |