NEWTOWN SQUARE AND GLEN MILLS HOUSING MARKET DATA

There was a decrease in total units sold in August, with 45 sold this month in Newtown Square and Glen Mills Real Estate versus 48 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 6% versus August 2024.

Versus last year, the total number of homes available this month is lower by 20 units or 19%. The total number of active inventory this August was 84 compared to 104 in August 2024. This month's total of 84 is lower than the previous month's total supply of available inventory of 101, a decrease of 17%.

Last August, the median sale price for Newtown Square and Glen Mills Homes was $715,000. This August, the median sale price was $640,000, a decrease of 10% or $75,000 compared to last year. The current median sold price is 1% lower than in July.

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

In August, there was 1.9 months of supply available in Newtown Square and Glen Mills, compared to 2.2 in August 2024. That is a decrease of 14% 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 42 homes newly listed for sale in Newtown Square and Glen Mills compared to 39 in August 2024, an increase of 8%. There were 41 current contracts pending sale this August compared to 34 a year ago. The number of current contracts is 21% higher than last August.

In August, the average sale price in Newtown Square and Glen Mills was 101.4% of the average list price, which is 2.1% higher than at this time last year.

This month, the average number of days on market was 37, higher than the average last year, which was 28, an increase of 32%.





FOCUS ON: NEWTOWN SQUARE AND GLEN MILLS HOUSING MARKET			AUGUST 2025

Zip Code(s): 19073 and 19342
Units Sold 45	Active Inventory 84	Median Sale Price $640,000	Days On Market 37

Down -6% Vs. Year Ago	Down -19% Vs. Year Ago	Down -10% Vs. Year Ago	Up 32% Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 45 sold this month in Newtown Square and Glen Mills Real Estate versus 48 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 6% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 20 units or 19%. The total number of active inventory this August was 84 compared to 104 in August 2024. This month's total of 84 is lower than the previous month's total supply of available inventory of 101, a decrease of 17%.
		Median Sale Price Last August, the median sale price for Newtown Square and Glen Mills Homes was $715,000. This August, the median sale price was $640,000, a decrease of 10% or $75,000 compared to last year. The current median sold price is 1% lower than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 42	Current Contracts 41	Sold Vs. List Price 101.4%	Months of Supply 1.9

Up 8% Vs. Year Ago	Up 21% Vs. Year Ago	Up 2.1% Vs. Year Ago	Down -14% Vs. Year Ago


		Months of Supply In August, there was 1.9 months of supply available in Newtown Square and Glen Mills, compared to 2.2 in August 2024. That is a decrease of 14% 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 42 homes newly listed for sale in Newtown Square and Glen Mills compared to 39 in August 2024, an increase of 8%. There were 41 current contracts pending sale this August compared to 34 a year ago. The number of current contracts is 21% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Newtown Square and Glen Mills was 101.4% of the average list price, which is 2.1% higher than at this time last year. Days on Market This month, the average number of days on market was 37, higher than the average last year, which was 28, an increase of 32%.


	Newtown Square and Glen Mills are defined as properties listed in zip code/s 19073 and 19342.
	*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.