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FOCUS ON: LAURELDALE AND TEMPLE HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 19605 and 19560 |
Units Sold
28 |
Active Inventory
37 |
Median Sale Price
$277,500 |
Days On Market
11 |
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Down -28%
Vs. Year Ago |
Down -20%
Vs. Year Ago |
Up 6%
Vs. Year Ago |
Up 38%
Vs. Year Ago |
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Units Sold
The number of units sold remained stable in July, with 28 sold this month in Laureldale and Temple Real Estate. This month's total units sold was lower than at this time last year, a decrease of 13% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 9 units or 20%. The total number of active inventory this July was 37 compared to 46 in July 2024. This month's total of 37 is higher than the previous month's total supply of available inventory of 34, an increase of 9%.
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Median Sale Price
Last July, the median sale price for Laureldale and Temple Homes was $261,000. This July, the median sale price was $277,500, an increase of 6% or $16,500 compared to last year. The current median sold price is 20% lower 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.
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New Listings
42 |
Current Contracts
35 |
Sold Vs. List Price
102.4% |
Months of Supply
1.3 |
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Down -13%
Vs. Year Ago |
Down -15%
Vs. Year Ago |
Up 0.6%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
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Months of Supply
In July, there was 1.3 months of supply available in Laureldale and Temple, compared to 1.2 in July 2024. That is an increase of 12% 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 42 homes newly listed for sale in Laureldale and Temple compared to 48 in July 2024, a decrease of 13%. There were 35 current contracts pending sale this July compared to 41 a year ago. The number of current contracts is 15% lower than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Laureldale and Temple was 102.4% of the average list price, which is 0.6% higher than at this time last year.
Days on Market
This month, the average number of days on market was 11, higher than the average last year, which was 8, an increase of 38%.
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Laureldale and Temple are defined as properties listed in zip code/s 19605 and 19560. |
*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. |