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FOCUS ON: MILTON HOUSING MARKET |
AUGUST 2025 |
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Zip Code(s): 19968 |
Units Sold
45 |
Active Inventory
153 |
Median Sale Price
$498,000 |
Days On Market
75 |
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Up 25%
Vs. Year Ago |
Down -6%
Vs. Year Ago |
Up 4%
Vs. Year Ago |
Up 39%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in August, with 45 sold this month in Milton Real Estate. This month's total units sold was higher than at this time last year.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 10 units or 6%. The total number of active inventory this August was 153 compared to 163 in August 2024. This month's total of 153 is lower than the previous month's total supply of available inventory of 167, a decrease of 8%.
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Median Sale Price
Last August, the median sale price for Milton Homes was $480,356. This August, the median sale price was $498,000, an increase of 4% or $17,644 compared to last year. The current median sold price is 2% 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.
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New Listings
39 |
Current Contracts
32 |
Sold Vs. List Price
100.3% |
Months of Supply
3.4 |
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Down -3%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 1.9%
Vs. Year Ago |
Down -25%
Vs. Year Ago |
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Months of Supply
In August, there was 3.4 months of supply available in Milton, compared to 4.5 in August 2024. That is a decrease of 25% 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 39 homes newly listed for sale in Milton compared to 40 in August 2024, a decrease of 3%. There were 32 current contracts pending sale this August, consistent with the volume a year ago. The number of current contracts is 29% lower than last month.
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Sale Price to List Price Ratio
In August, the average sale price in Milton was 100.3% of the average list price, which is 1.9% higher than at this time last year.
Days on Market
This month, the average number of days on market was 75, higher than the average last year, which was 54, an increase of 39%.
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Milton is defined as properties listed in zip code/s 19968. |
*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. |