NEW FREEDOM, GLEN ROCK, AND SEVEN VALLEYS HOUSING MARKET DATA

There was an increase in total units sold in July, with 26 sold this month in New Freedom, Glen Rock, and Seven Valleys Real Estate versus 22 last month, an increase of 18%. This month's total units sold was lower than at this time last year, a decrease of 19% versus July 2024.

The total number of homes available this month is 49 units, which is similar compared to a year ago. This month's total of 49 is lower than the previous month's total supply of available inventory of 57, a decrease of 14%.

Last July, the median sale price for New Freedom, Glen Rock, and Seven Valleys Homes was $352,000. This July, the median sale price was $375,000, an increase of 7% or $23,000 compared to last year. The current median sold price is 6% higher 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.

In July, there was 1.9 months of supply available in New Freedom, Glen Rock, and Seven Valleys, compared to 1.5 in July 2024. That is an increase of 23% 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 23 homes newly listed for sale in New Freedom, Glen Rock, and Seven Valleys compared to 28 in July 2024, a decrease of 18%. There were 24 current contracts pending sale this July compared to 26 a year ago. The number of current contracts is 8% lower than last July.

In July, the average sale price in New Freedom, Glen Rock, and Seven Valleys was 100.2% of the average list price, which is 1.0% higher than at this time last year.

This month, the average number of days on market was 16, lower than the average last year, which was 22, a decrease of 27%.





FOCUS ON: NEW FREEDOM, GLEN ROCK, AND SEVEN VALLEYS HOUSING MARKET			JULY 2025

Zip Code(s): 17349, 17327, 17360, 17361, 17342 and 17355
Units Sold 26	Active Inventory 49	Median Sale Price $375,000	Days On Market 16

Down -19% Vs. Year Ago	No Change Vs. Year Ago	Up 7% Vs. Year Ago	Down -27% Vs. Year Ago


		Units Sold There was an increase in total units sold in July, with 26 sold this month in New Freedom, Glen Rock, and Seven Valleys Real Estate versus 22 last month, an increase of 18%. This month's total units sold was lower than at this time last year, a decrease of 19% versus July 2024.
Active Inventory The total number of homes available this month is 49 units, which is similar compared to a year ago. This month's total of 49 is lower than the previous month's total supply of available inventory of 57, a decrease of 14%.
		Median Sale Price Last July, the median sale price for New Freedom, Glen Rock, and Seven Valleys Homes was $352,000. This July, the median sale price was $375,000, an increase of 7% or $23,000 compared to last year. The current median sold price is 6% higher 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.



New Listings 23	Current Contracts 24	Sold Vs. List Price 100.2%	Months of Supply 1.9

Down -18% Vs. Year Ago	Down -8% Vs. Year Ago	Up 1% Vs. Year Ago	Up 23% Vs. Year Ago


		Months of Supply In July, there was 1.9 months of supply available in New Freedom, Glen Rock, and Seven Valleys, compared to 1.5 in July 2024. That is an increase of 23% 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 23 homes newly listed for sale in New Freedom, Glen Rock, and Seven Valleys compared to 28 in July 2024, a decrease of 18%. There were 24 current contracts pending sale this July compared to 26 a year ago. The number of current contracts is 8% lower than last July.
		Sale Price to List Price Ratio In July, the average sale price in New Freedom, Glen Rock, and Seven Valleys was 100.2% of the average list price, which is 1.0% higher than at this time last year. Days on Market This month, the average number of days on market was 16, lower than the average last year, which was 22, a decrease of 27%.


	New Freedom, Glen Rock, and Seven Valleys are defined as properties listed in zip code/s 17349, 17327, 17360, 17361, 17342 and 17355.
	*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.