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FOCUS ON: CONSHOHOCKEN AND LAFAYETTE HILL HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 19428 and 19444 |
Units Sold
37 |
Active Inventory
63 |
Median Sale Price
$530,000 |
Days On Market
10 |
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Down -12%
Vs. Year Ago |
Up 75%
Vs. Year Ago |
Down -4%
Vs. Year Ago |
Down -47%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in June, with 37 sold this month in Conshohocken and Lafayette Hill Real Estate versus 46 last month, a decrease of 20%. This month's total units sold was lower than at this time last year, a decrease of 12% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 27 units or 75%. The total number of active inventory this June was 63 compared to 36 in June 2024. This month's total of 63 is lower than the previous month's total supply of available inventory of 70, a decrease of 10%.
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Median Sale Price
Last June, the median sale price for Conshohocken and Lafayette Hill Homes was $551,250. This June, the median sale price was $530,000, a decrease of 4% or $21,250 compared to last year. The current median sold price is 12% lower than in May.
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
39 |
Current Contracts
32 |
Sold Vs. List Price
102.1% |
Months of Supply
1.7 |
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Down -9%
Vs. Year Ago |
Down -14%
Vs. Year Ago |
Down -0.8%
Vs. Year Ago |
Up 98%
Vs. Year Ago |
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Months of Supply
In June, there was 1.7 months of supply available in Conshohocken and Lafayette Hill, compared to 0.9 in June 2024. That is an increase of 99% 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 39 homes newly listed for sale in Conshohocken and Lafayette Hill compared to 43 in June 2024, a decrease of 9%. There were 32 current contracts pending sale this June compared to 37 a year ago. The number of current contracts is 14% lower than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Conshohocken and Lafayette Hill was 102.1% of the average list price, which is 0.9% lower than at this time last year.
Days on Market
This month, the average number of days on market was 10, lower than the average last year, which was 19, a decrease of 47%.
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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. |