The Long & Foster Market Minute

Focus On: Boothwyn and Marcus Hook Housing Market December 2021

Zip Code(s): 19061
Units Sold
30
Active Inventory
9
Median Sale Price
$209,950
Days On Market
20
Up 15%
Vs. Year Ago
Down -65%
Vs. Year Ago
Up 15%
Vs. Year Ago
Down -5%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in December, with 30 sold this month in Boothwyn and Marcus Hook Real Estate versus 33 last month, a decrease of 9%. This month's total units sold was higher than at this time last year, an increase of 15% versus December 2020.

Active Inventory
Versus last year, the total number of homes available this month is lower by 17 units or 65%. The total number of active inventory this December was 9 compared to 26 in December 2020. This month's total of 9 is lower than the previous month's total supply of available inventory of 22, a decrease of 59%.

Median Sale Price
Last December, the median sale price for Boothwyn and Marcus Hook Homes was $183,000. This December, the median sale price was $209,950, an increase of 15% or $26,950 compared to last year. The current median sold price is 18% lower than in November.

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


New Listings
17
Current Contracts
22
Sold Vs. List Price
99.8%
Months of Supply
0.3
Up 6%
Vs. Year Ago
Up 22%
Vs. Year Ago
Down -0.6%
Vs. Year Ago
Down -70%
Vs. Year Ago

Months of Supply
In December, there was 0.3 months of supply available in Boothwyn and Marcus Hook, compared to 1.0 in December 2020. That is a decrease of 70% 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 17 homes newly listed for sale in Boothwyn and Marcus Hook compared to 16 in December 2020, an increase of 6%. There were 22 current contracts pending sale this December compared to 18 a year ago. The number of current contracts is 22% higher than last December.

Sale Price to List Price Ratio
In December, the average sale price in Boothwyn and Marcus Hook was 99.8% 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 20, lower than the average last year, which was 21, a decrease of 5%.

The Long & Foster Market Minute Boothwyn and Marcus Hook are defined as properties listed in zip code/s 19061.
*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.
REALTOR, Equal Opportunity HousingInformation 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.