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FOCUS ON: QUAKERTOWN HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 18951, 18955 and 18970 |
Units Sold
26 |
Active Inventory
43 |
Median Sale Price
$375,000 |
Days On Market
19 |
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Down -28%
Vs. Year Ago |
Down -30%
Vs. Year Ago |
Down -20%
Vs. Year Ago |
Down -10%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 26 sold this month in Quakertown Real Estate versus 32 last month, a decrease of 19%. This month's total units sold was lower than at this time last year, a decrease of 28% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 18 units or 30%. The total number of active inventory this July was 43 compared to 61 in July 2024. This month's total of 43 is lower than the previous month's total supply of available inventory of 45, a decrease of 4%.
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Median Sale Price
Last July, the median sale price for Quakertown Homes was $467,500. This July, the median sale price was $375,000, a decrease of 20% or $92,500 compared to last year. The current median sold price is 22% 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
41 |
Current Contracts
40 |
Sold Vs. List Price
99.5% |
Months of Supply
1.7 |
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Down -11%
Vs. Year Ago |
Up 3%
Vs. Year Ago |
Down -2.3%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In July, there was 1.7 months of supply available in Quakertown. The amount of supply is similar compared to 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 41 homes newly listed for sale in Quakertown compared to 46 in July 2024, a decrease of 11%. There were 40 current contracts pending sale this July compared to 39 a year ago. The number of current contracts is 3% higher than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Quakertown was 99.5% of the average list price, which is 2.4% lower than at this time last year.
Days on Market
This month, the average number of days on market was 19, lower than the average last year, which was 21, a decrease of 10%.
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Quakertown are defined as properties listed in zip code/s 18951, 18955 and 18970. |
*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. |