 |
|
 |
|
FOCUS ON: SOUDERTON, TELFORD, AND HATFIELD HOUSING MARKET |
JUNE 2025 |
|
Zip Code(s): 18969, 18964, 19440 and 18915 |
Units Sold
52 |
Active Inventory
46 |
Median Sale Price
$458,450 |
Days On Market
18 |
|
|
|
|
Up 24%
Vs. Year Ago |
Up 10%
Vs. Year Ago |
Down -1%
Vs. Year Ago |
Down -5%
Vs. Year Ago |
|
|
|
Units Sold
There was an increase in total units sold in June, with 52 sold this month in Souderton, Telford, and Hatfield Real Estate versus 45 last month, an increase of 16%. This month's total units sold was higher than at this time last year, an increase of 24% versus June 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is higher by 4 units or 10%. The total number of active inventory this June was 46 compared to 42 in June 2024. This month's total of 46 is lower than the previous month's total supply of available inventory of 71, a decrease of 35%.
|
|
|
Median Sale Price
Last June, the median sale price for Souderton, Telford, and Hatfield Homes was $462,500. This June, the median sale price was approximately the same at $458,450. The current median sold price is 1% lower 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
48 |
Current Contracts
68 |
Sold Vs. List Price
101.2% |
Months of Supply
0.9 |
|
|
|
|
No Change
Vs. Year Ago |
Up 42%
Vs. Year Ago |
No Change
Vs. Year Ago |
Down -12%
Vs. Year Ago |
|
|
|
Months of Supply
In June, there was 0.9 months of supply available in Souderton, Telford, and Hatfield, compared to 1.0 in June 2024. That is a decrease of 12% 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 48 homes newly listed for sale in Souderton, Telford, and Hatfield, which is similar to the amount in June 2024. There were 68 current contracts pending sale this June compared to 48 a year ago. The number of current contracts is 42% higher than last June.
|
|
|
Sale Price to List Price Ratio
In June, the average sale price in Souderton, Telford, and Hatfield was 101.2% of the average list price, which is similar compared to a year ago.
Days on Market
This month, the average number of days on market was 18, lower than the average last year, which was 19, a decrease of 5%.
|
|
|
 |
Souderton, Telford, and Hatfield are defined as properties listed in zip code/s 18969, 18964, 19940 and 18915. |
*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. |