The Long & Foster Market Minute

FOCUS ON: DARBY, COLLINGDALE, AND SHARON HILL HOUSING MARKET MAY 2025

Zip Code(s): 19023 and 19079
Units Sold
25
Active Inventory
50
Median Sale Price
$205,000
Days On Market
34
Down -17%
Vs. Year Ago
Up 2%
Vs. Year Ago
Up 12%
Vs. Year Ago
Up 48%
Vs. Year Ago

Units Sold
The number of units sold remained stable in May, with 25 sold this month in Darby, Collingdale, and Sharon Hill Real Estate. This month's total units sold was lower than at this time last year, a decrease of 17% versus May 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 1 units or 2%. The total number of active inventory this May was 50 compared to 49 in May 2024. This month's total of 50 is lower than the previous month's total supply of available inventory of 59, a decrease of 15%.

Median Sale Price
Last May, the median sale price for Darby, Collingdale, and Sharon Hill Homes was $183,500. This May, the median sale price was $205,000, an increase of 12% or $21,500 compared to last year. The current median sold price is 9% lower than in April.

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


New Listings
25
Current Contracts
32
Sold Vs. List Price
98.7%
Months of Supply
2.0
Down -17%
Vs. Year Ago
Up 14%
Vs. Year Ago
No Change
Vs. Year Ago
Up 23%
Vs. Year Ago

Months of Supply
In May, there was 2.0 months of supply available in Darby, Collingdale, and Sharon Hill, compared to 1.6 in May 2024. That is an increase of 22% 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 25 homes newly listed for sale in Darby, Collingdale, and Sharon Hill compared to 30 in May 2024, a decrease of 17%. There were 32 current contracts pending sale this May compared to 28 a year ago. The number of current contracts is 14% higher than last May.

Sale Price to List Price Ratio
In May, the average sale price in Darby, Collingdale, and Sharon Hill was 98.7% 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 34, higher than the average last year, which was 23, an increase of 48%.

The Long & Foster Market Minute Darby, Collingdale, and Sharon Hill are defined as properties listed in zip code/s 19023 and 19079.
*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.
REALTOR, Equal Opportunity HousingInformation 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.