Clifton Heights, Glenolden, and Holmes Housing Market Data

The number of units sold remained stable in December, with 74 sold this month in Clifton Heights, Glenolden, and Holmes Real Estate. This month's total units sold was higher than at this time last year, an increase of 43% versus December 2020.

Versus last year, the total number of homes available this month is higher by 10 units or 28%. The total number of active inventory this December was 46 compared to 36 in December 2020. This month's supply remained stable as compared to last month.

Last December, the median sale price for Clifton Heights, Glenolden, and Holmes Homes was $180,000. This December, the median sale price was $197,000, an increase of 9% or $17,000 compared to last year. The current median sold price is 1% 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.

In December, there was 0.6 months of supply available in Clifton Heights, Glenolden, and Holmes. 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 50 homes newly listed for sale in Clifton Heights, Glenolden, and Holmes compared to 35 in December 2020, an increase of 43%. There were 41 current contracts pending sale this December compared to 44 a year ago. The number of current contracts is 7% lower than last December.

In December, the average sale price in Clifton Heights, Glenolden, and Holmes 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 19, higher than the average last year, which was 17, an increase of 12%.





Focus On: Clifton Heights, Glenolden, and Holmes Housing Market			December 2021

Zip Code(s): 19018, 19036 and 19043
Units Sold 74	Active Inventory 46	Median Sale Price $197,000	Days On Market 19

Up 21% Vs. Year Ago	Up 28% Vs. Year Ago	Up 9% Vs. Year Ago	Up 12% Vs. Year Ago


		Units Sold The number of units sold remained stable in December, with 74 sold this month in Clifton Heights, Glenolden, and Holmes Real Estate. This month's total units sold was higher than at this time last year, an increase of 43% versus December 2020.
Active Inventory Versus last year, the total number of homes available this month is higher by 10 units or 28%. The total number of active inventory this December was 46 compared to 36 in December 2020. This month's supply remained stable as compared to last month.
		Median Sale Price Last December, the median sale price for Clifton Heights, Glenolden, and Holmes Homes was $180,000. This December, the median sale price was $197,000, an increase of 9% or $17,000 compared to last year. The current median sold price is 1% 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 50	Current Contracts 41	Sold Vs. List Price 99.2%	Months of Supply 0.6

Up 43% Vs. Year Ago	Down -7% Vs. Year Ago	Down -1.1% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In December, there was 0.6 months of supply available in Clifton Heights, Glenolden, and Holmes. 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 50 homes newly listed for sale in Clifton Heights, Glenolden, and Holmes compared to 35 in December 2020, an increase of 43%. There were 41 current contracts pending sale this December compared to 44 a year ago. The number of current contracts is 7% lower than last December.
		Sale Price to List Price Ratio In December, the average sale price in Clifton Heights, Glenolden, and Holmes 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 19, higher than the average last year, which was 17, an increase of 12%.


	Clifton Heights, Glenolden, and Holmes are defined as properties listed in zip code/s 19018, 19036 and 19043.
	*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.