CONSHOHOCKEN AND LAFAYETTE HILL HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in March, with 28 sold this month in Conshohocken and Lafayette Hill Real Estate. This month's total units sold was higher than at this time last year, an increase from March 2024.

Versus last year, the total number of homes available this month is higher by 16 units or 62%. The total number of active inventory this March was 42 compared to 26 in March 2024. This month's supply remained stable as compared to last month.

Last March, the median sale price for Conshohocken and Lafayette Hill Homes was $420,000. This March, the median sale price was $520,000, an increase of 24% or $100,000 compared to last year. The current median sold price is 6% 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 1.5 months of supply available in Conshohocken and Lafayette Hill, compared to 1.7 in March 2024. That is a decrease of 13% 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 Conshohocken and Lafayette Hill compared to 38 in March 2024, an increase of 5%. There were 35 current contracts pending sale this March, consistent with the volume a year ago. The number of current contracts is 21% higher than last month.

In March, the average sale price in Conshohocken and Lafayette Hill was 100.2% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 31, higher than the average last year, which was 23, an increase of 35%.





FOCUS ON: CONSHOHOCKEN AND LAFAYETTE HILL HOUSING MARKET			MARCH 2025

Zip Code(s): 19428 and 19444
Units Sold 28	Active Inventory 42	Median Sale Price $520,000	Days On Market 31

Up Vs. Year Ago	Up 62% Vs. Year Ago	Up 24% Vs. Year Ago	Up 35% Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in March, with 28 sold this month in Conshohocken and Lafayette Hill Real Estate. This month's total units sold was higher than at this time last year, an increase from March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 16 units or 62%. The total number of active inventory this March was 42 compared to 26 in March 2024. This month's supply remained stable as compared to last month.
		Median Sale Price Last March, the median sale price for Conshohocken and Lafayette Hill Homes was $420,000. This March, the median sale price was $520,000, an increase of 24% or $100,000 compared to last year. The current median sold price is 6% 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 35	Sold Vs. List Price 100.2%	Months of Supply 1.5

Up 5% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago	Down -13% Vs. Year Ago


		Months of Supply In March, there was 1.5 months of supply available in Conshohocken and Lafayette Hill, compared to 1.7 in March 2024. That is a decrease of 13% 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 Conshohocken and Lafayette Hill compared to 38 in March 2024, an increase of 5%. There were 35 current contracts pending sale this March, consistent with the volume a year ago. The number of current contracts is 21% higher than last month.
		Sale Price to List Price Ratio In March, the average sale price in Conshohocken and Lafayette Hill was 100.2% 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 31, higher than the average last year, which was 23, an increase of 35%.


	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.