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FOCUS ON: CONSHOHOCKEN AND LAFAYETTE HILL HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 19428 and 19444 |
Units Sold
35 |
Active Inventory
53 |
Median Sale Price
$520,000 |
Days On Market
17 |
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Up 30%
Vs. Year Ago |
Up 18%
Vs. Year Ago |
Down -1%
Vs. Year Ago |
Up 13%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 35 sold this month in Conshohocken and Lafayette Hill Real Estate versus 38 last month, a decrease of 8%. This month's total units sold was higher than at this time last year, an increase of 30% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 8 units or 18%. The total number of active inventory this July was 53 compared to 45 in July 2024. This month's total of 53 is lower than the previous month's total supply of available inventory of 66, a decrease of 20%.
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Median Sale Price
Last July, the median sale price for Conshohocken and Lafayette Hill Homes was $527,300. This July, the median sale price was approximately the same at $520,000. The current median sold price is 1% lower than in July 2024.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
34 |
Current Contracts
39 |
Sold Vs. List Price
103.0% |
Months of Supply
1.5 |
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Down -36%
Vs. Year Ago |
Up 5%
Vs. Year Ago |
No Change
Vs. Year Ago |
Down -10%
Vs. Year Ago |
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Months of Supply
In July, there was 1.5 months of supply available in Conshohocken and Lafayette Hill, compared to 1.7 in July 2024. That is a decrease of 9% 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.
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New Listings & Current Contracts
This month there were 34 homes newly listed for sale in Conshohocken and Lafayette Hill compared to 53 in July 2024, a decrease of 36%. There were 39 current contracts pending sale this July compared to 37 a year ago. The number of current contracts is 5% higher than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Conshohocken and Lafayette Hill was 103.0% of the average list price, which is similar compared to a year ago.
Days on Market
This month, the average number of days on market was 17, higher than the average last year, which was 15, an increase of 13%.
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Conshohocken and Lafayette Hill are defined as properties listed in zip code/s 19428 and 19444. |
*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. |