The Long & Foster Market Minute

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

Zip Code(s): 19406 and 19405
Units Sold
24
Active Inventory
55
Median Sale Price
$530,750
Days On Market
18
Down -14%
Vs. Year Ago
Up 2%
Vs. Year Ago
Up 11%
Vs. Year Ago
Down
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 24 sold this month in Bridgeport and King of Prussia Real Estate versus 27 last month, a decrease of 11%. This month's total units sold was lower than at this time last year, a decrease of 14% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 1 units or 2%. The total number of active inventory this June was 55 compared to 54 in June 2024. This month's total of 55 is lower than the previous month's total supply of available inventory of 57, a decrease of 4%.

Median Sale Price
Last June, the median sale price for Bridgeport and King of Prussia Homes was $477,250. This June, the median sale price was $530,750, an increase of 11% or $53,500 compared to last year. The current median sold price is 10% higher than in May.

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


New Listings
36
Current Contracts
25
Sold Vs. List Price
101.4%
Months of Supply
2.3
Down -3%
Vs. Year Ago
Down -19%
Vs. Year Ago
Down -1.1%
Vs. Year Ago
Up 19%
Vs. Year Ago

Months of Supply
In June, there was 2.3 months of supply available in Bridgeport and King of Prussia, compared to 1.9 in June 2024. That is an increase of 19% 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 36 homes newly listed for sale in Bridgeport and King of Prussia compared to 37 in June 2024, a decrease of 3%. There were 25 current contracts pending sale this June compared to 31 a year ago. The number of current contracts is 19% lower than last June.

Sale Price to List Price Ratio
In June, the average sale price in Bridgeport and King of Prussia was 101.4% 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 18, lower than the average last year, which was 43. This decrease was impacted by the limited number of sales.

The Long & Foster Market Minute 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.
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.