 |
|
 |
|
FOCUS ON: SOUTHAMPTON, HOLLAND, AND RICHBORO HOUSING MARKET |
JULY 2025 |
|
Zip Code(s): 18966 and 18954 |
Units Sold
45 |
Active Inventory
77 |
Median Sale Price
$665,000 |
Days On Market
14 |
|
|
|
|
Up 18%
Vs. Year Ago |
Up 60%
Vs. Year Ago |
Up 20%
Vs. Year Ago |
Down -18%
Vs. Year Ago |
|
|
|
Units Sold
There was an increase in total units sold in July, with 45 sold this month in Southampton, Holland, and Richboro Real Estate versus 44 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 18% versus July 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is higher by 29 units or 60%. The total number of active inventory this July was 77 compared to 48 in July 2024. This month's total of 77 is higher than the previous month's total supply of available inventory of 58, an increase of 33%.
|
|
|
Median Sale Price
Last July, the median sale price for Southampton, Holland, and Richboro Homes was $552,500. This July, the median sale price was $665,000, an increase of $112,500 compared to last year. The current median sold price is higher 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.
|
|
|
|
New Listings
63 |
Current Contracts
36 |
Sold Vs. List Price
101.3% |
Months of Supply
1.7 |
|
|
|
|
Up 24%
Vs. Year Ago |
Up 9%
Vs. Year Ago |
Down -2.1%
Vs. Year Ago |
Up 36%
Vs. Year Ago |
|
|
|
Months of Supply
In July, there was 1.7 months of supply available in Southampton, Holland, and Richboro, compared to 1.3 in July 2024. That is an increase of 35% 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 63 homes newly listed for sale in Southampton, Holland, and Richboro compared to 51 in July 2024, an increase of 24%. There were 36 current contracts pending sale this July compared to 33 a year ago. The number of current contracts is 9% higher than last July.
|
|
|
Sale Price to List Price Ratio
In July, the average sale price in Southampton, Holland, and Richboro was 101.3% of the average list price, which is 2.2% lower than at this time last year.
Days on Market
This month, the average number of days on market was 14, lower than the average last year, which was 17, a decrease of 18%.
|
|
|
 |
Southampton, Holland, and Richboro are defined as properties listed in zip code/s 18966 and 18954. |
*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. |