CLIFTON HEIGHTS, GLENOLDEN, AND HOLMES HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in March, with 30 sold this month in Clifton Heights, Glenolden, and Holmes Real Estate. This month's total units sold was lower than at this time last year, a decrease from March 2024.

Versus last year, the total number of homes available this month is higher by 1 units or 3%. The total number of active inventory this March was 33 compared to 32 in March 2024. This month's total of 33 is lower than the previous month's total supply of available inventory of 43, a decrease of 23%.

Last March, the median sale price for Clifton Heights, Glenolden, and Holmes Homes was $238,000. This March, the median sale price was $272,500, an increase of 14% or $34,500 compared to last year. The current median sold price is 1% lower than in February.

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

In March, there was 1.1 months of supply available in Clifton Heights, Glenolden, and Holmes, compared to 0.8 in March 2024. That is an increase of 34% 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 40 homes newly listed for sale in Clifton Heights, Glenolden, and Holmes compared to 37 in March 2024, an increase of 8%. There were 43 current contracts pending sale this March, consistent with the volume a year ago. The number of current contracts is 65% higher than last month.

In March, the average sale price in Clifton Heights, Glenolden, and Holmes was 99.3% of the average list price, which is 1.2% lower than at this time last year.

This month, the average number of days on market was 21, higher than the average last year, which was 19, an increase of 11%.





FOCUS ON: CLIFTON HEIGHTS, GLENOLDEN, AND HOLMES HOUSING MARKET			MARCH 2025

Zip Code(s): 19018, 19036 and 19043
Units Sold 30	Active Inventory 33	Median Sale Price $272,500	Days On Market 21

Down Vs. Year Ago	Up 3% Vs. Year Ago	Up 14% Vs. Year Ago	Up 11% Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in March, with 30 sold this month in Clifton Heights, Glenolden, and Holmes Real Estate. This month's total units sold was lower than at this time last year, a decrease from March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 1 units or 3%. The total number of active inventory this March was 33 compared to 32 in March 2024. This month's total of 33 is lower than the previous month's total supply of available inventory of 43, a decrease of 23%.
		Median Sale Price Last March, the median sale price for Clifton Heights, Glenolden, and Holmes Homes was $238,000. This March, the median sale price was $272,500, an increase of 14% or $34,500 compared to last year. The current median sold price is 1% lower than in February. 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 43	Sold Vs. List Price 99.3%	Months of Supply 1.1

Up 8% Vs. Year Ago	No Change Vs. Year Ago	Down -1.2% Vs. Year Ago	Up 34% Vs. Year Ago


		Months of Supply In March, there was 1.1 months of supply available in Clifton Heights, Glenolden, and Holmes, compared to 0.8 in March 2024. That is an increase of 34% 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 40 homes newly listed for sale in Clifton Heights, Glenolden, and Holmes compared to 37 in March 2024, an increase of 8%. There were 43 current contracts pending sale this March, consistent with the volume a year ago. The number of current contracts is 65% higher than last month.
		Sale Price to List Price Ratio In March, the average sale price in Clifton Heights, Glenolden, and Holmes was 99.3% of the average list price, which is 1.2% lower than at this time last year. Days on Market This month, the average number of days on market was 21, higher than the average last year, which was 19, an increase of 11%.


	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.