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| MARCH 2025 | |||
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| Units Sold 288 |
Active Inventory 292 |
Median Sale Price $281,500 |
Days On Market 30 |
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| Up 1% Vs. Year Ago |
Down -22% Vs. Year Ago |
Up 10% Vs. Year Ago |
Up 7% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in March, with 288 sold this month in Berks County Real Estate. This month's total units sold was higher than at this time last year. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 82 units or 22%. The total number of active inventory this March was 292 compared to 374 in March 2024. This month's total of 292 is lower than the previous month's total supply of available inventory of 350, a decrease of 17%. |
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Median Sale Price
Last March, the median sale price for Berks County Homes was $256,000. This March, the median sale price was $281,500, an increase of 10% or $25,500 compared to last year. The current median sold price is 4% 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. |
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| New Listings 350 |
Current Contracts 374 |
Sold Vs. List Price 99.5% |
Months of Supply 1.0 |
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| Down -14% Vs. Year Ago |
Up 9% Vs. Year Ago |
Down -0.7% Vs. Year Ago |
Down -23% Vs. Year Ago |
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Months of Supply
In March, there was 1.0 months of supply available in Berks County, compared to 1.3 in March 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 350 homes newly listed for sale in Berks County compared to 407 in March 2024, a decrease of 14%. There were 374 current contracts pending sale this March compared to 344 a year ago. The number of current contracts is 9% higher than last March. |
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Sale Price to List Price Ratio
In March, the average sale price in Berks County was 99.5% 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 30, higher than the average last year, which was 28, an increase of 7%. | |||
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| *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. |
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