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| APRIL 2025 | |||
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| Zip Code(s): 19945 | |||
| Units Sold 24 |
Active Inventory 84 |
Median Sale Price $692,598 |
Days On Market 26 |
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| Up Vs. Year Ago |
Down -28% Vs. Year Ago |
Up Vs. Year Ago |
Down Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in April, with 24 sold this month in Frankford Real Estate. This month's total units sold was higher than at this time last year, an increase from April 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 32 units or 28%. The total number of active inventory this April was 84 compared to 116 in April 2024. This month's total of 84 is higher than the previous month's total supply of available inventory of 78, an increase of 8%. |
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Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last April, the median sale price for Frankford Homes was $540,000. This April, the median sale price was $692,598, an increase of $152,598 compared to last year. The current median sold price is higher than in March. 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 32 |
Current Contracts 18 |
Sold Vs. List Price 100.1% |
Months of Supply 3.5 |
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| Down -18% Vs. Year Ago |
Down -18% Vs. Year Ago |
Up 3.5% Vs. Year Ago |
Down -49% Vs. Year Ago |
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Months of Supply
In April, there was 3.5 months of supply available in Frankford, compared to 6.8 in April 2024. That is a decrease of 49% 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 32 homes newly listed for sale in Frankford compared to 39 in April 2024, a decrease of 18%. There were 18 current contracts pending sale this April compared to 22 a year ago. The number of current contracts is 18% lower than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Frankford was 100.1% of the average list price, which is 3.3% higher than at this time last year. Days on Market
This month, the average number of days on market was 26, lower than the average last year, which was 111. This decrease was impacted by the limited number of sales. | |||
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Frankford are defined as properties listed in zip code/s 19945. | ||
| *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. |
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