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FOCUS ON: MANCHESTER, HOLIDAY CITY AND LEISURE VILLAGE HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 08759, 08757 and 08755 |
Units Sold
230 |
Active Inventory
668 |
Median Sale Price
$333,250 |
Days On Market
42 |
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Up 11%
Vs. Year Ago |
Up 59%
Vs. Year Ago |
Up 7%
Vs. Year Ago |
Up 56%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 230 sold this month in Manchester, Holiday City and Leisure Village Real Estate versus 206 last month, an increase of 12%. This month's total units sold was higher than at this time last year, an increase of 11% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 249 units or 59%. The total number of active inventory this June was 668 compared to 419 in June 2024. This month's total of 668 is lower than the previous month's total supply of available inventory of 679, a decrease of 2%.
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Median Sale Price
Last June, the median sale price for Manchester, Holiday City and Leisure Village Homes was $312,500. This June, the median sale price was $333,250, an increase of 7% or $20,750 compared to last year. The current median sold price is 3% 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.
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New Listings
291 |
Current Contracts
207 |
Sold Vs. List Price
99.5% |
Months of Supply
2.9 |
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Up 15%
Vs. Year Ago |
Up 3%
Vs. Year Ago |
Down -0.7%
Vs. Year Ago |
Up 44%
Vs. Year Ago |
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Months of Supply
In June, there was 2.9 months of supply available in Manchester, Holiday City and Leisure Village, compared to 2.0 in June 2024. That is an increase of 43% 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 291 homes newly listed for sale in Manchester, Holiday City and Leisure Village compared to 252 in June 2024, an increase of 15%. There were 207 current contracts pending sale this June compared to 201 a year ago. The number of current contracts is 3% higher than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Manchester, Holiday City and Leisure Village was 99.5% of the average list price, which is 0.7% lower than at this time last year.
Days on Market
This month, the average number of days on market was 42, higher than the average last year, which was 27, an increase of 56%.
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Manchester, Holiday City and Leisure Village are defined as properties listed in zip code/s 08759, 08757 and 08755. |
*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 MOMLS 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 MOMLS or Long & Foster Real Estate, Inc. |