The Long & Foster Market Minute

FOCUS ON: BOOTHWYN AND MARCUS HOOK HOUSING MARKET MAY 2025

Zip Code(s): 19061
Units Sold
11
Active Inventory
28
Median Sale Price
$325,000
Days On Market
9
Down
Vs. Year Ago
Down -7%
Vs. Year Ago
Up
Vs. Year Ago
Down
Vs. Year Ago

Units Sold
With relatively few transactions, there was a decrease in total units sold in May, with 11 sold this month in Boothwyn and Marcus Hook Real Estate. This month's total units sold was lower than at this time last year, a decrease from May 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 2 units or 7%. The total number of active inventory this May was 28 compared to 30 in May 2024. This month's total of 28 is lower than the previous month's total supply of available inventory of 39, a decrease of 28%.

Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last May, the median sale price for Boothwyn and Marcus Hook Homes was $300,000. This May, the median sale price was $325,000, an increase of $25,000 compared to last year. The current median sold price is higher than in April.

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


New Listings
31
Current Contracts
33
Sold Vs. List Price
100.4%
Months of Supply
2.5
Down -16%
Vs. Year Ago
Up 18%
Vs. Year Ago
Up 1.5%
Vs. Year Ago
Up 96%
Vs. Year Ago

Months of Supply
In May, there was 2.5 months of supply available in Boothwyn and Marcus Hook, compared to 1.3 in May 2024. That is an increase of 95% 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 31 homes newly listed for sale in Boothwyn and Marcus Hook compared to 37 in May 2024, a decrease of 16%. There were 33 current contracts pending sale this May compared to 28 a year ago. The number of current contracts is 18% higher than last May.

Sale Price to List Price Ratio
In May, the average sale price in Boothwyn and Marcus Hook was 100.4% of the average list price, which is 1.5% higher than at this time last year.

Days on Market
This month, the average number of days on market was 9, lower than the average last year, which was 28. This decrease was impacted by the limited number of sales.

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.