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FOCUS ON: FISHTOWN HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 19125 |
Units Sold
62 |
Active Inventory
191 |
Median Sale Price
$425,000 |
Days On Market
23 |
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Up 32%
Vs. Year Ago |
Up 9%
Vs. Year Ago |
Up 7%
Vs. Year Ago |
Down -28%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 62 sold this month in Fishtown Real Estate versus 58 last month, an increase of 7%. This month's total units sold was higher than at this time last year, an increase of 32% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 16 units or 9%. The total number of active inventory this June was 191 compared to 175 in June 2024. This month's total of 191 is lower than the previous month's total supply of available inventory of 217, a decrease of 12%.
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Median Sale Price
Last June, the median sale price for Fishtown Homes was $399,000. This June, the median sale price was $425,000, an increase of 7% or $26,000 compared to last year. The current median sold price is 5% 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
66 |
Current Contracts
59 |
Sold Vs. List Price
99.4% |
Months of Supply
3.1 |
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Up 3%
Vs. Year Ago |
Up 37%
Vs. Year Ago |
No Change
Vs. Year Ago |
Down -17%
Vs. Year Ago |
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Months of Supply
In June, there was 3.1 months of supply available in Fishtown, compared to 3.7 in June 2024. That is a decrease of 17% 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 66 homes newly listed for sale in Fishtown compared to 64 in June 2024, an increase of 3%. There were 59 current contracts pending sale this June compared to 43 a year ago. The number of current contracts is 37% higher than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Fishtown was 99.4% 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 23, lower than the average last year, which was 32, a decrease of 28%.
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Fishtown are defined as properties listed in zip code/s 19125. |
*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. |