MERCHANTVILLE AND PENNSAUKEN HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in September, with 35 sold this month in Merchantville and Pennsauken Real Estate. This month's total units sold was higher than at this time last year, an increase from September 2024.

Versus last year, the total number of homes available this month is higher by 18 units or 32%. The total number of active inventory this September was 74 compared to 56 in September 2024. This month's total of 74 is lower than the previous month's total supply of available inventory of 78, a decrease of 5%.

Last September, the median sale price for Merchantville and Pennsauken Homes was $305,000. This September, the median sale price was $297,000, a decrease of 3% or $8,000 compared to last year. The current median sold price is 8% lower than in August.

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

In September, there was 2.1 months of supply available in Merchantville and Pennsauken. The amount of supply is similar compared to 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 37 homes newly listed for sale in Merchantville and Pennsauken, which is similar to the amount in September 2024. There were 31 current contracts pending sale this September compared to 34 a year ago. The number of current contracts remained stable as compared to last September.

In September, the average sale price in Merchantville and Pennsauken was 99.9% of the average list price, which is 1.5% lower than at this time last year.

This month, the average number of days on market was 32, higher than the average last year, which was 26, an increase of 23%.





FOCUS ON: MERCHANTVILLE AND PENNSAUKEN HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 08110 and 08109
Units Sold 35	Active Inventory 74	Median Sale Price $297,000	Days On Market 32

Up Vs. Year Ago	Up 32% Vs. Year Ago	Down -3% Vs. Year Ago	Up 23% Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in September, with 35 sold this month in Merchantville and Pennsauken Real Estate. This month's total units sold was higher than at this time last year, an increase from September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 18 units or 32%. The total number of active inventory this September was 74 compared to 56 in September 2024. This month's total of 74 is lower than the previous month's total supply of available inventory of 78, a decrease of 5%.
		Median Sale Price Last September, the median sale price for Merchantville and Pennsauken Homes was $305,000. This September, the median sale price was $297,000, a decrease of 3% or $8,000 compared to last year. The current median sold price is 8% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 37	Current Contracts 31	Sold Vs. List Price 99.9%	Months of Supply 2.1

No Change Vs. Year Ago	Down -9% Vs. Year Ago	Down -1.5% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In September, there was 2.1 months of supply available in Merchantville and Pennsauken. The amount of supply is similar compared to 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 37 homes newly listed for sale in Merchantville and Pennsauken, which is similar to the amount in September 2024. There were 31 current contracts pending sale this September compared to 34 a year ago. The number of current contracts remained stable as compared to last September.
		Sale Price to List Price Ratio In September, the average sale price in Merchantville and Pennsauken was 99.9% of the average list price, which is 1.5% lower than at this time last year. Days on Market This month, the average number of days on market was 32, higher than the average last year, which was 26, an increase of 23%.


	Merchantville and Pennsauken are defined as properties listed in zip code/s 08110 and 08109.
	*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.