SOUTH PHILADELPHIA EAST HOUSING MARKET DATA

The number of units sold remained stable in June, with 64 sold this month in South Philadelphia East Real Estate. This month's total units sold was lower than at this time last year, a decrease of 26% versus June 2024.

Versus last year, the total number of homes available this month is lower by 38 units or 19%. The total number of active inventory this June was 159 compared to 197 in June 2024. This month's total of 159 is lower than the previous month's total supply of available inventory of 176, a decrease of 10%.

Last June, the median sale price for South Philadelphia East Homes was $300,862. This June, the median sale price was approximately the same at $295,000. The current median sold price is 2% 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.

In June, there was 2.5 months of supply available in South Philadelphia East, compared to 2.9 in June 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 68 homes newly listed for sale in South Philadelphia East compared to 92 in June 2024, a decrease of 26%. There were 50 current contracts pending sale this June compared to 48 a year ago. The number of current contracts is 4% higher than last June.

In June, the average sale price in South Philadelphia East was 97.8% of the average list price, which is 1.8% lower than at this time last year.

This month, the average number of days on market was 49, higher than the average last year, which was 37, an increase of 32%.





FOCUS ON: SOUTH PHILADELPHIA EAST HOUSING MARKET			JUNE 2025

Zip Code(s): 19148
Units Sold 64	Active Inventory 159	Median Sale Price $295,000	Days On Market 49

Down -6% Vs. Year Ago	Down -19% Vs. Year Ago	Down -2% Vs. Year Ago	Up 32% Vs. Year Ago


		Units Sold The number of units sold remained stable in June, with 64 sold this month in South Philadelphia East Real Estate. This month's total units sold was lower than at this time last year, a decrease of 26% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 38 units or 19%. The total number of active inventory this June was 159 compared to 197 in June 2024. This month's total of 159 is lower than the previous month's total supply of available inventory of 176, a decrease of 10%.
		Median Sale Price Last June, the median sale price for South Philadelphia East Homes was $300,862. This June, the median sale price was approximately the same at $295,000. The current median sold price is 2% 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 68	Current Contracts 50	Sold Vs. List Price 97.8%	Months of Supply 2.5

Down -26% Vs. Year Ago	Up 4% Vs. Year Ago	Down -1.8% Vs. Year Ago	Down -14% Vs. Year Ago


		Months of Supply In June, there was 2.5 months of supply available in South Philadelphia East, compared to 2.9 in June 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 68 homes newly listed for sale in South Philadelphia East compared to 92 in June 2024, a decrease of 26%. There were 50 current contracts pending sale this June compared to 48 a year ago. The number of current contracts is 4% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in South Philadelphia East was 97.8% of the average list price, which is 1.8% lower than at this time last year. Days on Market This month, the average number of days on market was 49, higher than the average last year, which was 37, an increase of 32%.


	South Philadelphia East are defined as properties listed in zip code/s 19148.
	*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.