BRANDYWINE HOUSING MARKET DATA

With relatively few transactions, there was a decrease in total units sold in March, with 35 sold this month in Brandywine Real Estate. This month's total units sold was lower than at this time last year, a decrease from March 2024.

Versus last year, the total number of homes available this month is lower by 18 units or 26%. The total number of active inventory this March was 51 compared to 69 in March 2024. This month's total of 51 is higher than the previous month's total supply of available inventory of 49, an increase of 4%.

Last March, the median sale price for Brandywine Homes was $418,727. This March, the median sale price was $430,000, an increase of 3% or $11,273 compared to last year. The current median sold price is 9% higher than in February.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In March, there was 1.5 months of supply available in Brandywine, compared to 1.2 in March 2024. That is an increase of 27% 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.

This month there were 66 homes newly listed for sale in Brandywine compared to 77 in March 2024, a decrease of 14%. There were 61 current contracts pending sale this March compared to 64 a year ago. The number of current contracts is 5% lower than last March.

In March, the average sale price in Brandywine was 100.9% of the average list price, which is 0.6% higher than at this time last year.

This month, the average number of days on market was 30, higher than the average last year, which was 25, an increase of 20%.





FOCUS ON: BRANDYWINE HOUSING MARKET			MARCH 2025

Zip Code(s): 19803,19809,19810,19703 and 19732
Units Sold 35	Active Inventory 51	Median Sale Price $430,000	Days On Market 30

Down Vs. Year Ago	Down -26% Vs. Year Ago	Up 3% Vs. Year Ago	Up 20% Vs. Year Ago


		Units Sold With relatively few transactions, there was a decrease in total units sold in March, with 35 sold this month in Brandywine Real Estate. This month's total units sold was lower than at this time last year, a decrease from March 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 18 units or 26%. The total number of active inventory this March was 51 compared to 69 in March 2024. This month's total of 51 is higher than the previous month's total supply of available inventory of 49, an increase of 4%.
		Median Sale Price Last March, the median sale price for Brandywine Homes was $418,727. This March, the median sale price was $430,000, an increase of 3% or $11,273 compared to last year. The current median sold price is 9% higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 66	Current Contracts 61	Sold Vs. List Price 100.9%	Months of Supply 1.5

Down -14% Vs. Year Ago	Down -5% Vs. Year Ago	Up 0.6% Vs. Year Ago	Up 27% Vs. Year Ago


		Months of Supply In March, there was 1.5 months of supply available in Brandywine, compared to 1.2 in March 2024. That is an increase of 27% 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 66 homes newly listed for sale in Brandywine compared to 77 in March 2024, a decrease of 14%. There were 61 current contracts pending sale this March compared to 64 a year ago. The number of current contracts is 5% lower than last March.
		Sale Price to List Price Ratio In March, the average sale price in Brandywine was 100.9% 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 30, higher than the average last year, which was 25, an increase of 20%.


	Brandywine are defined as properties listed in zip code/s 19803,19809,19810,19703 and 19732.
	*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.