 |
|
 |
|
FOCUS ON: BRANDYWINE HOUSING MARKET |
AUGUST 2025 |
|
Zip Code(s): 19803,19809,19810,19703 and 19732 |
Units Sold
80 |
Active Inventory
94 |
Median Sale Price
$447,500 |
Days On Market
13 |
|
|
|
|
Down -4%
Vs. Year Ago |
Up 13%
Vs. Year Ago |
Up 13%
Vs. Year Ago |
No Change
Vs. Year Ago |
|
|
|
Units Sold
There was an increase in total units sold in August, with 80 sold this month in Brandywine Real Estate versus 72 last month, an increase of 11%. This month's total units sold was lower than at this time last year, a decrease of 4% versus August 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is higher by 11 units or 13%. The total number of active inventory this August was 94 compared to 83 in August 2024. This month's total of 94 is higher than the previous month's total supply of available inventory of 80, an increase of 18%.
|
|
|
Median Sale Price
Last August, the median sale price for Brandywine Homes was $395,000. This August, the median sale price was $447,500, an increase of 13% or $52,500 compared to last year. The current median sold price is 3% lower than in July.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
|
|
|
|
New Listings
85 |
Current Contracts
63 |
Sold Vs. List Price
100.6% |
Months of Supply
1.2 |
|
|
|
|
Up 9%
Vs. Year Ago |
Down -11%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 18%
Vs. Year Ago |
|
|
|
Months of Supply
In August, there was 1.2 months of supply available in Brandywine, compared to 1.0 in August 2024. That is an increase of 18% 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 85 homes newly listed for sale in Brandywine compared to 78 in August 2024, an increase of 9%. There were 63 current contracts pending sale this August compared to 71 a year ago. The number of current contracts is 11% lower than last August.
|
|
|
Sale Price to List Price Ratio
In August, the average sale price in Brandywine was 100.6% of the average list price, which is similar compared to a year ago.
Days on Market
This month, the average number of days on market was 13, which is similar compared to a year ago.
|
|
|
 |
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. |