HAVERTOWN AND BROOMALL HOUSING MARKET DATA

There was an increase in total units sold in May, with 55 sold this month in Havertown and Broomall Real Estate. This month's total units sold was higher than at this time last year.

Versus last year, the total number of homes available this month is lower by 6 units or 11%. The total number of active inventory this May was 49 compared to 55 in May 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%.

Last May, the median sale price for Havertown and Broomall Homes was $553,000. This May, the median sale price was $589,000, an increase of 7% or $36,000 compared to last year. The current median sold price is 20% higher than in April.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 0.9 months of supply available in Havertown and Broomall, compared to 1.4 in May 2024. That is a decrease of 37% 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.

This month there were 74 homes newly listed for sale in Havertown and Broomall compared to 60 in May 2024, an increase of 23%. There were 66 current contracts pending sale this May compared to 52 a year ago. The number of current contracts is 27% higher than last May.

In May, the average sale price in Havertown and Broomall was 103.4% of the average list price, which is 0.6% lower than at this time last year.

This month, the average number of days on market was 19, higher than the average last year, which was 10, an increase of 90%.





FOCUS ON: HAVERTOWN AND BROOMALL HOUSING MARKET			MAY 2025

Zip Code(s): 19008 and 19083
Units Sold 55	Active Inventory 49	Median Sale Price $589,000	Days On Market 19

Up Vs. Year Ago	Down -11% Vs. Year Ago	Up 7% Vs. Year Ago	Up 90% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 55 sold this month in Havertown and Broomall Real Estate. This month's total units sold was higher than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is lower by 6 units or 11%. The total number of active inventory this May was 49 compared to 55 in May 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%.
		Median Sale Price Last May, the median sale price for Havertown and Broomall Homes was $553,000. This May, the median sale price was $589,000, an increase of 7% or $36,000 compared to last year. The current median sold price is 20% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 74	Current Contracts 66	Sold Vs. List Price 103.4%	Months of Supply 0.9

Up 23% Vs. Year Ago	Up 27% Vs. Year Ago	Down -0.6% Vs. Year Ago	Down -37% Vs. Year Ago


		Months of Supply In May, there was 0.9 months of supply available in Havertown and Broomall, compared to 1.4 in May 2024. That is a decrease of 37% 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 74 homes newly listed for sale in Havertown and Broomall compared to 60 in May 2024, an increase of 23%. There were 66 current contracts pending sale this May compared to 52 a year ago. The number of current contracts is 27% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Havertown and Broomall was 103.4% of the average list price, which is 0.6% lower than at this time last year. Days on Market This month, the average number of days on market was 19, higher than the average last year, which was 10, an increase of 90%.


	Havertown and Broomall are defined as properties listed in zip code/s 19008 and 19083.
	*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.