OXFORD, LANDENBERG, AND WEST GROVE HOUSING MARKET DATA

There was an increase in total units sold in June, with 56 sold this month in Oxford, Landenberg, and West Grove Real Estate versus 47 last month, an increase of 19%. This month's total units sold was higher than at this time last year, an increase of 4% versus June 2024.

Versus last year, the total number of homes available this month is lower by 10 units or 8%. The total number of active inventory this June was 119 compared to 129 in June 2024. This month's total of 119 is lower than the previous month's total supply of available inventory of 133, a decrease of 11%.

Last June, the median sale price for Oxford, Landenberg, and West Grove Homes was $521,438. This June, the median sale price was approximately the same at $540,000. The current median sold price is 4% higher than in June 2024.

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 2.1 months of supply available in Oxford, Landenberg, and West Grove, compared to 2.4 in June 2024. That is a decrease of 11% 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 43 homes newly listed for sale in Oxford, Landenberg, and West Grove compared to 75 in June 2024, a decrease of 43%. There were 50 current contracts pending sale this June compared to 57 a year ago. The number of current contracts is 12% lower than last June.

In June, the average sale price in Oxford, Landenberg, and West Grove was 102.6% of the average list price, which is 1.0% lower than at this time last year.

This month, the average number of days on market was 24, higher than the average last year, which was 19, an increase of 26%.





FOCUS ON: OXFORD, LANDENBERG, AND WEST GROVE HOUSING MARKET			JUNE 2025

Zip Code(s): 19363, 19390, 19350, 19352, 19330, 19362, 19360, 19351, 19347, 19346 and 19318
Units Sold 56	Active Inventory 119	Median Sale Price $540,000	Days On Market 24

Up 4% Vs. Year Ago	Down -8% Vs. Year Ago	Up 4% Vs. Year Ago	Up 26% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 56 sold this month in Oxford, Landenberg, and West Grove Real Estate versus 47 last month, an increase of 19%. This month's total units sold was higher than at this time last year, an increase of 4% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 10 units or 8%. The total number of active inventory this June was 119 compared to 129 in June 2024. This month's total of 119 is lower than the previous month's total supply of available inventory of 133, a decrease of 11%.
		Median Sale Price Last June, the median sale price for Oxford, Landenberg, and West Grove Homes was $521,438. This June, the median sale price was approximately the same at $540,000. The current median sold price is 4% higher than in June 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 43	Current Contracts 50	Sold Vs. List Price 102.6%	Months of Supply 2.1

Down -43% Vs. Year Ago	Down -12% Vs. Year Ago	Down -0.9% Vs. Year Ago	Down -11% Vs. Year Ago


		Months of Supply In June, there was 2.1 months of supply available in Oxford, Landenberg, and West Grove, compared to 2.4 in June 2024. That is a decrease of 11% 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 43 homes newly listed for sale in Oxford, Landenberg, and West Grove compared to 75 in June 2024, a decrease of 43%. There were 50 current contracts pending sale this June compared to 57 a year ago. The number of current contracts is 12% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in Oxford, Landenberg, and West Grove was 102.6% of the average list price, which is 1.0% lower than at this time last year. Days on Market This month, the average number of days on market was 24, higher than the average last year, which was 19, an increase of 26%.


	Oxford, Landenberg, and West Grove are defined as properties listed in zip code/s 19363, 19390, 19350, 19352, 19330, 19362, 19360, 19351, 19347, 19346 and 19318.
	*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.