The Long & Foster Market Minute

FOCUS ON: SPRINGFIELD, WALLINGFORD, AND SWARTHMORE HOUSING MARKET JUNE 2025

Zip Code(s): 19064, 19081, 19070, 19086 and 19033
Units Sold
66
Active Inventory
70
Median Sale Price
$500,500
Days On Market
12
Down -8%
Vs. Year Ago
Up 11%
Vs. Year Ago
Up 11%
Vs. Year Ago
Down -29%
Vs. Year Ago

Units Sold
There was an increase in total units sold in June, with 66 sold this month in Springfield, Wallingford, and Swarthmore Real Estate versus 51 last month, an increase of 29%. This month's total units sold was lower than at this time last year, a decrease of 8% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 7 units or 11%. The total number of active inventory this June was 70 compared to 63 in June 2024. This month's total of 70 is lower than the previous month's total supply of available inventory of 86, a decrease of 19%.

Median Sale Price
Last June, the median sale price for Springfield, Wallingford, and Swarthmore Homes was $450,000. This June, the median sale price was approximately the same at $500,500. The current median sold price is 11% higher 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
62
Current Contracts
67
Sold Vs. List Price
102.5%
Months of Supply
1.1
Down -5%
Vs. Year Ago
Up 18%
Vs. Year Ago
Down -0.5%
Vs. Year Ago
Up 20%
Vs. Year Ago

Months of Supply
In June, there was 1.1 months of supply available in Springfield, Wallingford, and Swarthmore, compared to 0.9 in June 2024. That is an increase of 21% 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 62 homes newly listed for sale in Springfield, Wallingford, and Swarthmore compared to 65 in June 2024, a decrease of 5%. There were 67 current contracts pending sale this June compared to 57 a year ago. The number of current contracts is 18% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Springfield, Wallingford, and Swarthmore was 102.5% of the average list price, which is 0.5% lower than at this time last year.

Days on Market
This month, the average number of days on market was 12, lower than the average last year, which was 17, a decrease of 29%.

The Long & Foster Market Minute 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.
REALTOR, Equal Opportunity HousingInformation 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.