BRIDGEPORT AND KING OF PRUSSIA HOUSING MARKET DATA

There was a decrease in total units sold in May, with 25 sold this month in Bridgeport and King of Prussia Real Estate versus 37 last month, a decrease of 32%. This month's total units sold was lower than at this time last year, a decrease of 7% versus May 2024.

Versus last year, the total number of homes available this month is lower by 3 units or 6%. The total number of active inventory this May was 51 compared to 54 in May 2024. This month's total of 51 is higher than the previous month's total supply of available inventory of 39, an increase of 31%.

Last May, the median sale price for Bridgeport and King of Prussia Homes was $515,741. This May, the median sale price was $544,000, an increase of 5% or $28,259 compared to last year. The current median sold price is 15% 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.

In May, there was 2.0 months of supply available in Bridgeport and King of Prussia. The amount of supply is similar compared to 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 40 homes newly listed for sale in Bridgeport and King of Prussia compared to 42 in May 2024, a decrease of 5%. There were 23 current contracts pending sale this May compared to 32 a year ago. The number of current contracts is 28% lower than last May.

In May, the average sale price in Bridgeport and King of Prussia was 101.6% of the average list price, which is 1.6% lower than at this time last year.

This month, the average number of days on market was 17, higher than the average last year, which was 9. This increase was impacted by the limited number of sales.





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

Zip Code(s): 19406 and 19405
Units Sold 25	Active Inventory 51	Median Sale Price $544,000	Days On Market 17

Down -7% Vs. Year Ago	Down -6% Vs. Year Ago	Up 5% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 25 sold this month in Bridgeport and King of Prussia Real Estate versus 37 last month, a decrease of 32%. This month's total units sold was lower than at this time last year, a decrease of 7% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 3 units or 6%. The total number of active inventory this May was 51 compared to 54 in May 2024. This month's total of 51 is higher than the previous month's total supply of available inventory of 39, an increase of 31%.
		Median Sale Price Last May, the median sale price for Bridgeport and King of Prussia Homes was $515,741. This May, the median sale price was $544,000, an increase of 5% or $28,259 compared to last year. The current median sold price is 15% 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 40	Current Contracts 23	Sold Vs. List Price 101.6%	Months of Supply 2.0

Down -5% Vs. Year Ago	Down -28% Vs. Year Ago	Down -1.5% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In May, there was 2.0 months of supply available in Bridgeport and King of Prussia. The amount of supply is similar compared to 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 40 homes newly listed for sale in Bridgeport and King of Prussia compared to 42 in May 2024, a decrease of 5%. There were 23 current contracts pending sale this May compared to 32 a year ago. The number of current contracts is 28% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Bridgeport and King of Prussia was 101.6% of the average list price, which is 1.6% lower than at this time last year. Days on Market This month, the average number of days on market was 17, higher than the average last year, which was 9. This increase was impacted by the limited number of sales.


	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.