GLASGOW HOUSING MARKET DATA

There was an increase in total units sold in June, with 49 sold this month in Glasgow Real Estate versus 37 last month, an increase of 32%. This month's total units sold was higher than at this time last year, an increase of 4% versus June 2024.

Versus last year, the total number of homes available this month is higher by 22 units or 73%. The total number of active inventory this June was 52 compared to 30 in June 2024. This month's total of 52 is lower than the previous month's total supply of available inventory of 58, a decrease of 10%.

Last June, the median sale price for Glasgow Homes was $367,000. This June, the median sale price was $425,000, an increase of $58,000 compared to last year. The current median sold price is higher than in May.

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

In June, there was 1.1 months of supply available in Glasgow, compared to 0.6 in June 2024. That is an increase of 66% 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 35 homes newly listed for sale in Glasgow compared to 37 in June 2024, a decrease of 5%. There were 36 current contracts pending sale this June compared to 47 a year ago. The number of current contracts is 23% lower than last June.

In June, the average sale price in Glasgow was 100.1% of the average list price, which is 1.7% lower than at this time last year.

This month, the average number of days on market was 13, higher than the average last year, which was 8, an increase of 63%.





FOCUS ON: GLASGOW HOUSING MARKET			JUNE 2025

Zip Code(s): 19702
Units Sold 49	Active Inventory 52	Median Sale Price $425,000	Days On Market 13

Up 4% Vs. Year Ago	Up 73% Vs. Year Ago	Up 16% Vs. Year Ago	Up 63% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 49 sold this month in Glasgow Real Estate versus 37 last month, an increase of 32%. This month's total units sold was higher than at this time last year, an increase of 4% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 22 units or 73%. The total number of active inventory this June was 52 compared to 30 in June 2024. This month's total of 52 is lower than the previous month's total supply of available inventory of 58, a decrease of 10%.
		Median Sale Price Last June, the median sale price for Glasgow Homes was $367,000. This June, the median sale price was $425,000, an increase of $58,000 compared to last year. The current median sold price is higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 35	Current Contracts 36	Sold Vs. List Price 100.1%	Months of Supply 1.1

Down -5% Vs. Year Ago	Down -23% Vs. Year Ago	Down -1.6% Vs. Year Ago	Up 66% Vs. Year Ago


		Months of Supply In June, there was 1.1 months of supply available in Glasgow, compared to 0.6 in June 2024. That is an increase of 66% 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 35 homes newly listed for sale in Glasgow compared to 37 in June 2024, a decrease of 5%. There were 36 current contracts pending sale this June compared to 47 a year ago. The number of current contracts is 23% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in Glasgow was 100.1% of the average list price, which is 1.7% lower than at this time last year. Days on Market This month, the average number of days on market was 13, higher than the average last year, which was 8, an increase of 63%.


	Glasgow are defined as properties listed in zip code/s 19702.
	*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.