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FOCUS ON: AMBLER HOUSING MARKET |
MAY 2025 |
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Zip Code(s): 19002, 19437 and 19477 |
Units Sold
37 |
Active Inventory
55 |
Median Sale Price
$720,000 |
Days On Market
25 |
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Up 6%
Vs. Year Ago |
Down -20%
Vs. Year Ago |
Up 1%
Vs. Year Ago |
Down -19%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 37 sold this month in Ambler Real Estate versus 33 last month, an increase of 12%. This month's total units sold was higher than at this time last year, an increase of 6% versus May 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 14 units or 20%. The total number of active inventory this May was 55 compared to 69 in May 2024. This month's total of 55 is higher than the previous month's total supply of available inventory of 46, an increase of 20%.
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Median Sale Price
Last May, the median sale price for Ambler Homes was $710,000. This May, the median sale price was $720,000, an increase of 1% or $10,000 compared to last year. The current median sold price is 5% lower than in April.
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
53 |
Current Contracts
38 |
Sold Vs. List Price
101.5% |
Months of Supply
1.5 |
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Up 6%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
Up 1.2%
Vs. Year Ago |
Down -24%
Vs. Year Ago |
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Months of Supply
In May, there was 1.5 months of supply available in Ambler, compared to 2.0 in May 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 53 homes newly listed for sale in Ambler compared to 50 in May 2024, an increase of 6%. There were 38 current contracts pending sale this May compared to 34 a year ago. The number of current contracts is 12% higher than last May.
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Sale Price to List Price Ratio
In May, the average sale price in Ambler was 101.5% of the average list price, which is 1.2% higher than at this time last year.
Days on Market
This month, the average number of days on market was 25, lower than the average last year, which was 31, a decrease of 19%.
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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. |
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. |