MAINLINE HOUSING MARKET DATA

There was an increase in total units sold in June, with 52 sold this month in Mainline 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 28 units or 33%. The total number of active inventory this June was 58 compared to 86 in June 2024. This month's total of 58 is lower than the previous month's total supply of available inventory of 76, a decrease of 24%.

Last June, the median sale price for Mainline Homes was $930,000. This June, the median sale price was $1,175,000, an increase of $245,000 compared to last year. The current median sold price is 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.

In June, there was 1.1 months of supply available in Mainline, compared to 2.0 in June 2024. That is a decrease of 44% 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 41 homes newly listed for sale in Mainline compared to 51 in June 2024, a decrease of 20%. There were 43 current contracts pending sale this June compared to 50 a year ago. The number of current contracts is 14% lower than last June.

In June, the average sale price in Mainline was 103.8% of the average list price, which is 2.6% higher than at this time last year.

This month, the average number of days on market was 18, lower than the average last year, which was 23, a decrease of 22%.





FOCUS ON: MAINLINE HOUSING MARKET			JUNE 2025

Zip Code(s): 19010, 19085, 19035 and 19041
Units Sold 52	Active Inventory 58	Median Sale Price $1,175,000	Days On Market 18

Up 21% Vs. Year Ago	Down -33% Vs. Year Ago	Up 26% Vs. Year Ago	Down -22% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 52 sold this month in Mainline 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 28 units or 33%. The total number of active inventory this June was 58 compared to 86 in June 2024. This month's total of 58 is lower than the previous month's total supply of available inventory of 76, a decrease of 24%.
		Median Sale Price Last June, the median sale price for Mainline Homes was $930,000. This June, the median sale price was $1,175,000, an increase of $245,000 compared to last year. The current median sold price is 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.



New Listings 41	Current Contracts 43	Sold Vs. List Price 103.8%	Months of Supply 1.1

Down -20% Vs. Year Ago	Down -14% Vs. Year Ago	Up 2.5% Vs. Year Ago	Down -44% Vs. Year Ago


		Months of Supply In June, there was 1.1 months of supply available in Mainline, compared to 2.0 in June 2024. That is a decrease of 44% 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 41 homes newly listed for sale in Mainline compared to 51 in June 2024, a decrease of 20%. There were 43 current contracts pending sale this June compared to 50 a year ago. The number of current contracts is 14% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in Mainline was 103.8% of the average list price, which is 2.6% higher than at this time last year. Days on Market This month, the average number of days on market was 18, lower than the average last year, which was 23, a decrease of 22%.


	Mainline are defined as properties listed in zip code/s 19010, 19085, 19035 and 19041.
	*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.