BRIDGEPORT AND KING OF PRUSSIA HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in April, with 37 sold this month in Bridgeport and King of Prussia Real Estate. This month's total units sold was higher than at this time last year, an increase from April 2024.

Versus last year, the total number of homes available this month is lower by 8 units or 17%. The total number of active inventory this April was 39 compared to 47 in April 2024. This month's total of 39 is lower than the previous month's total supply of available inventory of 46, a decrease of 15%.

Last April, the median sale price for Bridgeport and King of Prussia Homes was $464,638. This April, the median sale price was $475,000, an increase of 2% or $10,362 compared to last year. The current median sold price is 12% higher than in March.

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

In April, there was 1.1 months of supply available in Bridgeport and King of Prussia, compared to 1.5 in April 2024. That is a decrease of 28% 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 27 homes newly listed for sale in Bridgeport and King of Prussia compared to 37 in April 2024, a decrease of 27%. There were 25 current contracts pending sale this April compared to 35 a year ago. The number of current contracts is 29% lower than last April.

In April, the average sale price in Bridgeport and King of Prussia was 99.2% of the average list price, which is 1.1% lower than at this time last year.

This month, the average number of days on market was 26, higher than the average last year, which was 18, an increase of 44%.





FOCUS ON: BRIDGEPORT AND KING OF PRUSSIA HOUSING MARKET			APRIL 2025

Zip Code(s): 19406 and 19405
Units Sold 37	Active Inventory 39	Median Sale Price $475,000	Days On Market 26

Up Vs. Year Ago	Down -17% Vs. Year Ago	Up 2% Vs. Year Ago	Up 44% Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in April, with 37 sold this month in Bridgeport and King of Prussia Real Estate. This month's total units sold was higher than at this time last year, an increase from April 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 8 units or 17%. The total number of active inventory this April was 39 compared to 47 in April 2024. This month's total of 39 is lower than the previous month's total supply of available inventory of 46, a decrease of 15%.
		Median Sale Price Last April, the median sale price for Bridgeport and King of Prussia Homes was $464,638. This April, the median sale price was $475,000, an increase of 2% or $10,362 compared to last year. The current median sold price is 12% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 27	Current Contracts 25	Sold Vs. List Price 99.2%	Months of Supply 1.1

Down -27% Vs. Year Ago	Down -29% Vs. Year Ago	Down -1.1% Vs. Year Ago	Down -29% Vs. Year Ago


		Months of Supply In April, there was 1.1 months of supply available in Bridgeport and King of Prussia, compared to 1.5 in April 2024. That is a decrease of 28% 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 27 homes newly listed for sale in Bridgeport and King of Prussia compared to 37 in April 2024, a decrease of 27%. There were 25 current contracts pending sale this April compared to 35 a year ago. The number of current contracts is 29% lower than last April.
		Sale Price to List Price Ratio In April, the average sale price in Bridgeport and King of Prussia was 99.2% of the average list price, which is 1.1% lower than at this time last year. Days on Market This month, the average number of days on market was 26, higher than the average last year, which was 18, an increase of 44%.


	Bridgeport and King of Prussia are defined as properties listed in zip code/s 19406 and 19405.
	*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.