AUDUBON, EAST NORRITON, AND WEST NORRITON HOUSING MARKET DATA

There was a decrease in total units sold in April, with 29 sold this month in Audubon, East Norriton, and West Norriton Real Estate versus 31 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 19% versus April 2024.

Versus last year, the total number of homes available this month is lower by 9 units or 20%. The total number of active inventory this April was 37 compared to 46 in April 2024. This month's total of 37 is lower than the previous month's total supply of available inventory of 40, a decrease of 8%.

Last April, the median sale price for Audubon, East Norriton, and West Norriton Homes was $407,500. This April, the median sale price was $410,000, an increase of 1% or $2,500 compared to last year. The current median sold price is 9% lower 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.

In April, there was 1.3 months of supply available in Audubon, East Norriton, and West Norriton. 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 44 homes newly listed for sale in Audubon, East Norriton, and West Norriton compared to 65 in April 2024, a decrease of 32%. There were 42 current contracts pending sale this April compared to 48 a year ago. The number of current contracts is 13% lower than last April.

In April, the average sale price in Audubon, East Norriton, and West Norriton was 101.4% of the average list price, which is 0.6% lower than at this time last year.

This month, the average number of days on market was 26, higher than the average last year, which was 19, an increase of 37%.





FOCUS ON: AUDUBON, EAST NORRITON, AND WEST NORRITON HOUSING MARKET			APRIL 2025

Zip Code(s): 19403 and 19456
Units Sold 29	Active Inventory 37	Median Sale Price $410,000	Days On Market 26

Down -19% Vs. Year Ago	Down -20% Vs. Year Ago	Up 1% Vs. Year Ago	Up 37% Vs. Year Ago


		Units Sold There was a decrease in total units sold in April, with 29 sold this month in Audubon, East Norriton, and West Norriton Real Estate versus 31 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 19% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 9 units or 20%. The total number of active inventory this April was 37 compared to 46 in April 2024. This month's total of 37 is lower than the previous month's total supply of available inventory of 40, a decrease of 8%.
		Median Sale Price Last April, the median sale price for Audubon, East Norriton, and West Norriton Homes was $407,500. This April, the median sale price was $410,000, an increase of 1% or $2,500 compared to last year. The current median sold price is 9% lower 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 44	Current Contracts 42	Sold Vs. List Price 101.4%	Months of Supply 1.3

Down -32% Vs. Year Ago	Down -13% Vs. Year Ago	Down -0.6% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In April, there was 1.3 months of supply available in Audubon, East Norriton, and West Norriton. 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 44 homes newly listed for sale in Audubon, East Norriton, and West Norriton compared to 65 in April 2024, a decrease of 32%. There were 42 current contracts pending sale this April compared to 48 a year ago. The number of current contracts is 13% lower than last April.
		Sale Price to List Price Ratio In April, the average sale price in Audubon, East Norriton, and West Norriton was 101.4% 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 26, higher than the average last year, which was 19, an increase of 37%.


	Audubon, East Norriton, and West Norriton are defined as properties listed in zip code/s 19403 and 19456.
	*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.