The Long & Foster Market Minute

FOCUS ON: AMBLER HOUSING MARKET APRIL 2025

Zip Code(s): 19002, 19437 and 19477
Units Sold
30
Active Inventory
43
Median Sale Price
$739,500
Days On Market
37
Down
Vs. Year Ago
Down -26%
Vs. Year Ago
Up 5%
Vs. Year Ago
Up 28%
Vs. Year Ago

Units Sold
With relatively few transactions, there was an increase in total units sold in April, with 30 sold this month in Ambler Real Estate. This month's total units sold was lower than at this time last year, a decrease from April 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 15 units or 26%. The total number of active inventory this April was 43 compared to 58 in April 2024. This month's total of 43 is higher than the previous month's total supply of available inventory of 42, an increase of 2%.

Median Sale Price
Last April, the median sale price for Ambler Homes was $702,498. This April, the median sale price was $739,500, an increase of 5% or $37,002 compared to last year. The current median sold price is 17% 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.


New Listings
49
Current Contracts
45
Sold Vs. List Price
101.1%
Months of Supply
1.4
Up 2%
Vs. Year Ago
Up 7%
Vs. Year Ago
No Change
Vs. Year Ago
No Change
Vs. Year Ago

Months of Supply
In April, there was 1.4 months of supply available in Ambler. 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 49 homes newly listed for sale in Ambler compared to 48 in April 2024, an increase of 2%. There were 45 current contracts pending sale this April compared to 42 a year ago. The number of current contracts is 7% higher than last April.

Sale Price to List Price Ratio
In April, the average sale price in Ambler was 101.1% of the average list price, which is similar compared to a year ago.

Days on Market
This month, the average number of days on market was 37, higher than the average last year, which was 29, an increase of 28%.

The Long & Foster Market Minute Ambler are defined as properties listed in zip code/s 19002, 19437 and 19477.
*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.
REALTOR, Equal Opportunity HousingInformation 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.