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FOCUS ON: SPRINGFIELD, WALLINGFORD, AND SWARTHMORE HOUSING MARKET |
SEPTEMBER 2025 |
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Zip Code(s): 19064, 19081, 19070, 19086 and 19033 |
Units Sold
53 |
Active Inventory
92 |
Median Sale Price
$450,000 |
Days On Market
15 |
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Up
Vs. Year Ago |
Up 46%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
Up 7%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in September, with 53 sold this month in Springfield, Wallingford, and Swarthmore Real Estate. This month's total units sold was higher than at this time last year.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 29 units or 46%. The total number of active inventory this September was 92 compared to 63 in September 2024. This month's total of 92 is higher than the previous month's total supply of available inventory of 80, an increase of 15%.
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Median Sale Price
Last September, the median sale price for Springfield, Wallingford, and Swarthmore Homes was $401,250. This September, the median sale price was $450,000, an increase of 12% or $48,750 compared to last year. The current median sold price is 5% lower than in August.
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
74 |
Current Contracts
53 |
Sold Vs. List Price
101.0% |
Months of Supply
1.7 |
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Up 48%
Vs. Year Ago |
Up 2%
Vs. Year Ago |
Down -2.4%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In September, there was 1.7 months of supply available in Springfield, Wallingford, and Swarthmore. 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 74 homes newly listed for sale in Springfield, Wallingford, and Swarthmore compared to 50 in September 2024, an increase of 48%. There were 53 current contracts pending sale this September compared to 52 a year ago. The number of current contracts is 2% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Springfield, Wallingford, and Swarthmore was 101.0% of the average list price, which is 2.5% lower than at this time last year.
Days on Market
This month, the average number of days on market was 15, higher than the average last year, which was 14, an increase of 7%.
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Springfield, Wallingford, and Swarthmore are defined as properties listed in zip code/s 19064, 19081, 19070, 19086 and 19033. |
*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. |