CONSHOHOCKEN AND LAFAYETTE HILL HOUSING MARKET DATA

There was an increase in total units sold in April, with 33 sold this month in Conshohocken and Lafayette Hill Real Estate versus 28 last month, an increase of 18%. This month's total units sold was higher than at this time last year, an increase of 3% versus April 2024.

Versus last year, the total number of homes available this month is higher by 31 units or 91%. The total number of active inventory this April was 65 compared to 34 in April 2024. This month's total of 65 is higher than the previous month's total supply of available inventory of 48, an increase of 35%.

Last April, the median sale price for Conshohocken and Lafayette Hill Homes was $517,500. This April, the median sale price was $535,000, an increase of 3% or $17,500 compared to last year. The current median sold price is 3% higher than in March.

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

In April, there was 2.0 months of supply available in Conshohocken and Lafayette Hill, compared to 1.1 in April 2024. That is an increase of 85% 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 63 homes newly listed for sale in Conshohocken and Lafayette Hill compared to 49 in April 2024, an increase of 29%. There were 42 current contracts pending sale this April compared to 39 a year ago. The number of current contracts is 8% higher than last April.

In April, the average sale price in Conshohocken and Lafayette Hill was 102.3% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 26, higher than the average last year, which was 8. This increase was impacted by the limited number of sales.





FOCUS ON: CONSHOHOCKEN AND LAFAYETTE HILL HOUSING MARKET			APRIL 2025

Zip Code(s): 19428 and 19444
Units Sold 33	Active Inventory 65	Median Sale Price $535,000	Days On Market 26

Up 3% Vs. Year Ago	Up 91% Vs. Year Ago	Up 3% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 33 sold this month in Conshohocken and Lafayette Hill Real Estate versus 28 last month, an increase of 18%. This month's total units sold was higher than at this time last year, an increase of 3% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 31 units or 91%. The total number of active inventory this April was 65 compared to 34 in April 2024. This month's total of 65 is higher than the previous month's total supply of available inventory of 48, an increase of 35%.
		Median Sale Price Last April, the median sale price for Conshohocken and Lafayette Hill Homes was $517,500. This April, the median sale price was $535,000, an increase of 3% or $17,500 compared to last year. The current median sold price is 3% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 63	Current Contracts 42	Sold Vs. List Price 102.3%	Months of Supply 2.0

Up 29% Vs. Year Ago	Up 8% Vs. Year Ago	No Change Vs. Year Ago	Up 86% Vs. Year Ago


		Months of Supply In April, there was 2.0 months of supply available in Conshohocken and Lafayette Hill, compared to 1.1 in April 2024. That is an increase of 85% 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 63 homes newly listed for sale in Conshohocken and Lafayette Hill compared to 49 in April 2024, an increase of 29%. There were 42 current contracts pending sale this April compared to 39 a year ago. The number of current contracts is 8% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Conshohocken and Lafayette Hill was 102.3% 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 26, higher than the average last year, which was 8. This increase was impacted by the limited number of sales.


	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.