 |
|
 |
|
FOCUS ON: WESTERN BERKS COUNTY HOUSING MARKET |
JULY 2025 |
|
Zip Code(s): 19526, 19533, 19506, 19567, 19541, 19555, 19507, 19529, 19534, 19554, 19559, 19544, 19516, 19550 and 19564 |
Units Sold
43 |
Active Inventory
54 |
Median Sale Price
$385,890 |
Days On Market
15 |
|
|
|
|
Up 23%
Vs. Year Ago |
Down -11%
Vs. Year Ago |
Up 16%
Vs. Year Ago |
Down -29%
Vs. Year Ago |
|
|
|
Units Sold
There was an increase in total units sold in July, with 43 sold this month in Western Berks County Real Estate versus 38 last month, an increase of 13%. This month's total units sold was higher than at this time last year, an increase of 23% versus July 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is lower by 7 units or 11%. The total number of active inventory this July was 54 compared to 61 in July 2024. This month's total of 54 is lower than the previous month's total supply of available inventory of 55, a decrease of 2%.
|
|
|
Median Sale Price
Last July, the median sale price for Western Berks County Homes was $333,000. This July, the median sale price was $385,890, an increase of 16% or $52,890 compared to last year. The current median sold price is 3% 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
38 |
Current Contracts
32 |
Sold Vs. List Price
101.7% |
Months of Supply
1.3 |
|
|
|
|
Down -10%
Vs. Year Ago |
Down -6%
Vs. Year Ago |
Up 0.6%
Vs. Year Ago |
Down -28%
Vs. Year Ago |
|
|
|
Months of Supply
In July, there was 1.3 months of supply available in Western Berks County, compared to 1.7 in July 2024. That is a decrease of 28% 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 38 homes newly listed for sale in Western Berks County compared to 42 in July 2024, a decrease of 10%. There were 32 current contracts pending sale this July compared to 34 a year ago. The number of current contracts is 6% lower than last July.
|
|
|
Sale Price to List Price Ratio
In July, the average sale price in Western Berks County was 101.7% of the average list price, which is 0.6% higher than at this time last year.
Days on Market
This month, the average number of days on market was 15, lower than the average last year, which was 21, a decrease of 29%.
|
|
|
 |
Western Berks County are defined as properties listed in zip code/s 19526, 19533, 19506, 19567, 19541, 19555, 19507, 19529, 19534, 19554, 19559, 19544, 19516, 19550 and 19564. |
*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. |