ARDMORE, WYNNEWOOD, AND NARBERTH HOUSING MARKET DATA

There was an increase in total units sold in May, with 67 sold this month in Ardmore, Wynnewood, and Narberth Real Estate. This month's total units sold was lower than at this time last year.

Versus last year, the total number of homes available this month is higher by 2 units or 3%. The total number of active inventory this May was 79 compared to 77 in May 2024. This month's total of 79 is higher than the previous month's total supply of available inventory of 78, an increase of 1%.

Last May, the median sale price for Ardmore, Wynnewood, and Narberth Homes was $700,000. This May, the median sale price was $725,000, an increase of 4% or $25,000 compared to last year. The current median sold price is 9% higher 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.

In May, there was 1.2 months of supply available in Ardmore, Wynnewood, and Narberth. 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 77 homes newly listed for sale in Ardmore, Wynnewood, and Narberth compared to 78 in May 2024, a decrease of 1%. There were 63 current contracts pending sale this May compared to 69 a year ago. The number of current contracts is 9% lower than last May.

In May, the average sale price in Ardmore, Wynnewood, and Narberth was 103.8% of the average list price, which is 0.7% lower than at this time last year.

This month, the average number of days on market was 17, lower than the average last year, which was 22, a decrease of 23%.





FOCUS ON: ARDMORE, WYNNEWOOD, AND NARBERTH HOUSING MARKET			MAY 2025

Zip Code(s): 19003, 19096, 19072, 19004 and 19066
Units Sold 67	Active Inventory 79	Median Sale Price $725,000	Days On Market 17

Down -3% Vs. Year Ago	Up 3% Vs. Year Ago	Up 4% Vs. Year Ago	Down -23% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 67 sold this month in Ardmore, Wynnewood, and Narberth Real Estate. This month's total units sold was lower than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is higher by 2 units or 3%. The total number of active inventory this May was 79 compared to 77 in May 2024. This month's total of 79 is higher than the previous month's total supply of available inventory of 78, an increase of 1%.
		Median Sale Price Last May, the median sale price for Ardmore, Wynnewood, and Narberth Homes was $700,000. This May, the median sale price was $725,000, an increase of 4% or $25,000 compared to last year. The current median sold price is 9% higher 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.



New Listings 77	Current Contracts 63	Sold Vs. List Price 103.8%	Months of Supply 1.2

Down -1% Vs. Year Ago	Down -9% Vs. Year Ago	Down -0.6% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In May, there was 1.2 months of supply available in Ardmore, Wynnewood, and Narberth. 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 77 homes newly listed for sale in Ardmore, Wynnewood, and Narberth compared to 78 in May 2024, a decrease of 1%. There were 63 current contracts pending sale this May compared to 69 a year ago. The number of current contracts is 9% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Ardmore, Wynnewood, and Narberth was 103.8% 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 17, lower than the average last year, which was 22, a decrease of 23%.


	Ardmore, Wynnewood, and Narberth are defined as properties listed in zip code/s 19003, 19096, 19072, 19004 and 19066, and includes but is not limited to Ardmore, Wynnewood, Narberth, Merion, and Bala Cynwyd.
	*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.