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FOCUS ON: WARMINSTER HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 18974 |
Units Sold
42 |
Active Inventory
44 |
Median Sale Price
$498,900 |
Days On Market
11 |
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Up 11%
Vs. Year Ago |
Down -29%
Vs. Year Ago |
Up 2%
Vs. Year Ago |
Down -54%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 42 sold this month in Warminster Real Estate versus 46 last month, a decrease of 9%. This month's total units sold was higher than at this time last year, an increase of 11% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 18 units or 29%. The total number of active inventory this July was 44 compared to 62 in July 2024. This month's supply remained stable as compared to last month.
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Median Sale Price
Last July, the median sale price for Warminster Homes was $487,450. This July, the median sale price was $498,900, an increase of 2% or $11,450 compared to last year. The current median sold price is 3% lower 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.
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New Listings
35 |
Current Contracts
32 |
Sold Vs. List Price
101.3% |
Months of Supply
1.0 |
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Down -33%
Vs. Year Ago |
No Change
Vs. Year Ago |
Down -0.7%
Vs. Year Ago |
Down -36%
Vs. Year Ago |
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Months of Supply
In July, there was 1.0 months of supply available in Warminster, compared to 1.6 in July 2024. That is a decrease of 36% 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.
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New Listings & Current Contracts
This month there were 35 homes newly listed for sale in Warminster compared to 52 in July 2024, a decrease of 33%. There were 32 current contracts pending sale this July, consistent with the volume a year ago. The number of current contracts is 3% lower than last month.
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Sale Price to List Price Ratio
In July, the average sale price in Warminster was 101.3% of the average list price, which is 0.7% lower than at this time last year.
Days on Market
This month, the average number of days on market was 11, lower than the average last year, which was 24, a decrease of 54%.
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Warminster are defined as properties listed in zip code/s 18974. |
*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. |