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FOCUS ON: ASTON AND BROOKHAVEN HOUSING MARKET |
MAY 2025 |
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Zip Code(s): 19014, 19015 and 19017 |
Units Sold
41 |
Active Inventory
40 |
Median Sale Price
$350,000 |
Days On Market
17 |
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Down -9%
Vs. Year Ago |
Down -30%
Vs. Year Ago |
Up 20%
Vs. Year Ago |
Up 42%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 41 sold this month in Aston and Brookhaven Real Estate versus 35 last month, an increase of 17%. This month's total units sold was lower than at this time last year, a decrease of 9% versus May 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 17 units or 30%. The total number of active inventory this May was 40 compared to 57 in May 2024. This month's total of 40 is higher than the previous month's total supply of available inventory of 37, an increase of 8%.
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Median Sale Price
Last May, the median sale price for Aston and Brookhaven Homes was $292,000. This May, the median sale price was $350,000, an increase of 20% or $58,000 compared to last year. The current median sold price is 4% 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
43 |
Current Contracts
39 |
Sold Vs. List Price
101.2% |
Months of Supply
1.0 |
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Down -36%
Vs. Year Ago |
Down -25%
Vs. Year Ago |
Down -0.5%
Vs. Year Ago |
Down -23%
Vs. Year Ago |
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Months of Supply
In May, there was 1.0 months of supply available in Aston and Brookhaven, compared to 1.3 in May 2024. That is a decrease of 23% 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 43 homes newly listed for sale in Aston and Brookhaven compared to 67 in May 2024, a decrease of 36%. There were 39 current contracts pending sale this May compared to 52 a year ago. The number of current contracts is 25% lower than last May.
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Sale Price to List Price Ratio
In May, the average sale price in Aston and Brookhaven was 101.2% of the average list price, which is 0.6% lower than at this time last year.
Days on Market
This month, the average number of days on market was 17, higher than the average last year, which was 12, an increase of 42%.
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Aston and Brookhaven are defined as properties listed in zip code/s 19014, 19015 and 19017. |
*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. |