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FOCUS ON: BUCKS COUNTY HOUSING MARKET |
JUNE 2025 |
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Units Sold
608 |
Active Inventory
816 |
Median Sale Price
$520,000 |
Days On Market
20 |
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Up 18%
Vs. Year Ago |
Down -8%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 11%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 608 sold this month in Bucks County Real Estate versus 507 last month, an increase of 20%. This month's total units sold was higher than at this time last year, an increase of 18% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 69 units or 8%. The total number of active inventory this June was 816 compared to 885 in June 2024. This month's total of 816 is lower than the previous month's total supply of available inventory of 908, a decrease of 10%.
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Median Sale Price
Last June, the median sale price for Bucks County Homes was $519,000. This June, the median sale price was $520,000, which is similar compared to a year ago. The current median sold price is 1% 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.
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New Listings
637 |
Current Contracts
650 |
Sold Vs. List Price
101.1% |
Months of Supply
1.3 |
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Down -5%
Vs. Year Ago |
Up 14%
Vs. Year Ago |
No Change
Vs. Year Ago |
Down -22%
Vs. Year Ago |
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Months of Supply
In June, there was 1.3 months of supply available in Bucks County, compared to 1.7 in June 2024. That is a decrease of 22% 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 637 homes newly listed for sale in Bucks County compared to 670 in June 2024, a decrease of 5%. There were 650 current contracts pending sale this June compared to 568 a year ago. The number of current contracts is 14% higher than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Bucks County was 101.1% 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 20, higher than the average last year, which was 18, an increase of 11%.
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*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. |