 |
|
 |
|
FOCUS ON: COLLEGEVILLE HOUSING MARKET |
JULY 2025 |
|
Zip Code(s): 19426 and 19453 |
Units Sold
42 |
Active Inventory
62 |
Median Sale Price
$635,000 |
Days On Market
28 |
|
|
|
|
Up 20%
Vs. Year Ago |
Up 3%
Vs. Year Ago |
Up 22%
Vs. Year Ago |
Up 87%
Vs. Year Ago |
|
|
|
Units Sold
There was a decrease in total units sold in July, with 42 sold this month in Collegeville Real Estate versus 49 last month, a decrease of 14%. This month's total units sold was higher than at this time last year, an increase of 20% versus July 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is higher by 2 units or 3%. The total number of active inventory this July was 62 compared to 60 in July 2024. This month's total of 62 is higher than the previous month's total supply of available inventory of 52, an increase of 19%.
|
|
|
Median Sale Price
Last July, the median sale price for Collegeville Homes was $520,000. This July, the median sale price was $635,000, an increase of 22% or $115,000 compared to last year. The current median sold price is 17% higher 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
53 |
Current Contracts
38 |
Sold Vs. List Price
99.8% |
Months of Supply
1.5 |
|
|
|
|
Up 13%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
Down -3.1%
Vs. Year Ago |
Down -13%
Vs. Year Ago |
|
|
|
Months of Supply
In July, there was 1.5 months of supply available in Collegeville, compared to 1.7 in July 2024. That is a decrease of 14% 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 53 homes newly listed for sale in Collegeville compared to 47 in July 2024, an increase of 13%. There were 38 current contracts pending sale this July compared to 34 a year ago. The number of current contracts is 12% higher than last July.
|
|
|
Sale Price to List Price Ratio
In July, the average sale price in Collegeville was 99.8% of the average list price, which is 3.2% lower than at this time last year.
Days on Market
This month, the average number of days on market was 28, higher than the average last year, which was 15, an increase of 87%.
|
|
|
 |
Collegeville are defined as properties listed in zip code/s 19426 and 19453. |
*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. |