AUDUBON, EAST NORRITON, AND WEST NORRITON HOUSING MARKET DATA

There was an increase in total units sold in July, with 51 sold this month in Audubon, East Norriton, and West Norriton Real Estate versus 38 last month, an increase of 34%. This month's total units sold was higher than at this time last year, an increase of 2% versus July 2024.

Versus last year, the total number of homes available this month is lower by 6 units or 12%. The total number of active inventory this July was 45 compared to 51 in July 2024. This month's total of 45 is lower than the previous month's total supply of available inventory of 59, a decrease of 24%.

Last July, the median sale price for Audubon, East Norriton, and West Norriton Homes was $402,500. This July, the median sale price was $480,000, an increase of 19% or $77,500 compared to last year. The current median sold price is 6% higher than in June.

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

In July, there was 0.9 months of supply available in Audubon, East Norriton, and West Norriton, compared to 1.0 in July 2024. That is a decrease of 13% 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.

This month there were 35 homes newly listed for sale in Audubon, East Norriton, and West Norriton compared to 47 in July 2024, a decrease of 26%. There were 47 current contracts pending sale this July compared to 41 a year ago. The number of current contracts is 15% higher than last July.

In July, the average sale price in Audubon, East Norriton, and West Norriton was 101.3% of the average list price, which is 1.3% lower than at this time last year.

This month, the average number of days on market was 16, higher than the average last year, which was 13, an increase of 23%.





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

Zip Code(s): 19403 and 19456
Units Sold 51	Active Inventory 45	Median Sale Price $480,000	Days On Market 16

Up 2% Vs. Year Ago	Down -12% Vs. Year Ago	Up 19% Vs. Year Ago	Up 23% Vs. Year Ago


		Units Sold There was an increase in total units sold in July, with 51 sold this month in Audubon, East Norriton, and West Norriton Real Estate versus 38 last month, an increase of 34%. This month's total units sold was higher than at this time last year, an increase of 2% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 6 units or 12%. The total number of active inventory this July was 45 compared to 51 in July 2024. This month's total of 45 is lower than the previous month's total supply of available inventory of 59, a decrease of 24%.
		Median Sale Price Last July, the median sale price for Audubon, East Norriton, and West Norriton Homes was $402,500. This July, the median sale price was $480,000, an increase of 19% or $77,500 compared to last year. The current median sold price is 6% higher than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 35	Current Contracts 47	Sold Vs. List Price 101.3%	Months of Supply 0.9

Down -26% Vs. Year Ago	Up 15% Vs. Year Ago	Down -1.3% Vs. Year Ago	Down -14% Vs. Year Ago


		Months of Supply In July, there was 0.9 months of supply available in Audubon, East Norriton, and West Norriton, compared to 1.0 in July 2024. That is a decrease of 13% 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.
New Listings & Current Contracts This month there were 35 homes newly listed for sale in Audubon, East Norriton, and West Norriton compared to 47 in July 2024, a decrease of 26%. There were 47 current contracts pending sale this July compared to 41 a year ago. The number of current contracts is 15% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Audubon, East Norriton, and West Norriton was 101.3% of the average list price, which is 1.3% lower than at this time last year. Days on Market This month, the average number of days on market was 16, higher than the average last year, which was 13, an increase of 23%.


	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.