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FOCUS ON: HATBORO, WILLOW GROVE, HORSHAM HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 19040, 19090 and 19044 |
Units Sold
46 |
Active Inventory
49 |
Median Sale Price
$426,500 |
Days On Market
20 |
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Down -22%
Vs. Year Ago |
Up 4%
Vs. Year Ago |
Up 4%
Vs. Year Ago |
Up 43%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 46 sold this month in Hatboro, Willow Grove, Horsham Real Estate versus 35 last month, an increase of 31%. This month's total units sold was lower than at this time last year, a decrease of 22% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 2 units or 4%. The total number of active inventory this June was 49 compared to 47 in June 2024. This month's total of 49 is lower than the previous month's total supply of available inventory of 56, a decrease of 13%.
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Median Sale Price
Last June, the median sale price for Hatboro, Willow Grove, Horsham Homes was $410,000. This June, the median sale price was $426,500, an increase of 4% or $16,500 compared to last year. The current median sold price is 2% lower 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
57 |
Current Contracts
57 |
Sold Vs. List Price
102.3% |
Months of Supply
1.1 |
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Down -3%
Vs. Year Ago |
Up 19%
Vs. Year Ago |
Down -0.7%
Vs. Year Ago |
Up 34%
Vs. Year Ago |
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Months of Supply
In June, there was 1.1 months of supply available in Hatboro, Willow Grove, Horsham, compared to 0.8 in June 2024. That is an increase of 34% 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 57 homes newly listed for sale in Hatboro, Willow Grove, Horsham compared to 59 in June 2024, a decrease of 3%. There were 57 current contracts pending sale this June compared to 48 a year ago. The number of current contracts is 19% higher than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Hatboro, Willow Grove, Horsham was 102.3% of the average list price, which is 0.7% lower than at this time last year.
Days on Market
This month, the average number of days on market was 20, higher than the average last year, which was 14, an increase of 43%.
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Hatboro, Willow Grove, Horsham are defined as properties listed in zip code/s 19040, 19090 and 19044. |
*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. |