AUDUBON, EAST NORRITON, AND WEST NORRITON HOUSING MARKET DATA

There was an increase in total units sold in March, with 31 sold this month in Audubon, East Norriton, and West Norriton Real Estate versus 30 last month, an increase of 3%. This month's total units sold was lower than at this time last year, a decrease of 3% versus March 2024.

Versus last year, the total number of homes available this month is lower by 1 units or 3%. The total number of active inventory this March was 30 compared to 31 in March 2024. This month's total of 30 is higher than the previous month's total supply of available inventory of 28, an increase of 7%.

Last March, the median sale price for Audubon, East Norriton, and West Norriton Homes was $417,000. This March, the median sale price was $450,000, an increase of 8% or $33,000 compared to last year. The current median sold price is 15% higher than in February.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In March, there was 1.0 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 37 homes newly listed for sale in Audubon, East Norriton, and West Norriton compared to 34 in March 2024, an increase of 9%. There were 30 current contracts pending sale this March compared to 38 a year ago. The number of current contracts is 21% lower than last March.

In March, the average sale price in Audubon, East Norriton, and West Norriton was 100.7% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 29, higher than the average last year, which was 25, an increase of 16%.





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

Zip Code(s): 19403 and 19456
Units Sold 31	Active Inventory 30	Median Sale Price $450,000	Days On Market 29

Down -3% Vs. Year Ago	Down -3% Vs. Year Ago	Up 8% Vs. Year Ago	Up 16% Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 31 sold this month in Audubon, East Norriton, and West Norriton Real Estate versus 30 last month, an increase of 3%. This month's total units sold was lower than at this time last year, a decrease of 3% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 1 units or 3%. The total number of active inventory this March was 30 compared to 31 in March 2024. This month's total of 30 is higher than the previous month's total supply of available inventory of 28, an increase of 7%.
		Median Sale Price Last March, the median sale price for Audubon, East Norriton, and West Norriton Homes was $417,000. This March, the median sale price was $450,000, an increase of 8% or $33,000 compared to last year. The current median sold price is 15% higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 37	Current Contracts 30	Sold Vs. List Price 100.7%	Months of Supply 1.0

Up 9% Vs. Year Ago	Down -21% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In March, there was 1.0 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 37 homes newly listed for sale in Audubon, East Norriton, and West Norriton compared to 34 in March 2024, an increase of 9%. There were 30 current contracts pending sale this March compared to 38 a year ago. The number of current contracts is 21% lower than last March.
		Sale Price to List Price Ratio In March, the average sale price in Audubon, East Norriton, and West Norriton was 100.7% 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 29, higher than the average last year, which was 25, an increase of 16%.


	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.