DARBY, COLLINGDALE, AND SHARON HILL HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in March, 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 from March 2024.

Versus last year, the total number of homes available this month is lower by 19 units or 33%. The total number of active inventory this March was 38 compared to 57 in March 2024. This month's total of 38 is lower than the previous month's total supply of available inventory of 59, a decrease of 36%.

Last March, the median sale price for Darby, Collingdale, and Sharon Hill Homes was $185,000. This March, the median sale price was $190,000, an increase of 3% or $5,000 compared to last year. The current median sold price is 6% higher 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 Darby, Collingdale, and Sharon Hill, compared to 1.8 in March 2024. That is a decrease of 17% 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 28 homes newly listed for sale in Darby, Collingdale, and Sharon Hill compared to 37 in March 2024, a decrease of 24%. There were 34 current contracts pending sale this March compared to 33 a year ago. The number of current contracts is 3% higher than last March.

In March, the average sale price in Darby, Collingdale, and Sharon Hill was 96.7% of the average list price, which is 3.4% lower than at this time last year.

This month, the average number of days on market was 53, higher than the average last year, which was 30. This increase was impacted by the limited number of sales.





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

Zip Code(s): 19023 and 19079
Units Sold 25	Active Inventory 38	Median Sale Price $190,000	Days On Market 53

Down Vs. Year Ago	Down -33% Vs. Year Ago	Up 3% Vs. Year Ago	Up Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in March, 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 from March 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 19 units or 33%. The total number of active inventory this March was 38 compared to 57 in March 2024. This month's total of 38 is lower than the previous month's total supply of available inventory of 59, a decrease of 36%.
		Median Sale Price Last March, the median sale price for Darby, Collingdale, and Sharon Hill Homes was $185,000. This March, the median sale price was $190,000, an increase of 3% or $5,000 compared to last year. The current median sold price is 6% higher 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 28	Current Contracts 34	Sold Vs. List Price 96.7%	Months of Supply 1.5

Down -24% Vs. Year Ago	Up 3% Vs. Year Ago	Down -3.4% Vs. Year Ago	Down -17% Vs. Year Ago


		Months of Supply In March, there was 1.5 months of supply available in Darby, Collingdale, and Sharon Hill, compared to 1.8 in March 2024. That is a decrease of 17% 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 28 homes newly listed for sale in Darby, Collingdale, and Sharon Hill compared to 37 in March 2024, a decrease of 24%. There were 34 current contracts pending sale this March compared to 33 a year ago. The number of current contracts is 3% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Darby, Collingdale, and Sharon Hill was 96.7% of the average list price, which is 3.4% lower than at this time last year. Days on Market This month, the average number of days on market was 53, higher than the average last year, which was 30. This increase was impacted by the limited number of sales.


	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.
	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.