DOWNINGTOWN HOUSING MARKET DATA

There was an increase in total units sold in March, with 38 sold this month in Downingtown Real Estate versus 34 last month, an increase of 12%. This month's total units sold was lower than at this time last year, a decrease of 16% versus March 2024.

Versus last year, the total number of homes available this month is higher by 8 units or 15%. The total number of active inventory this March was 63 compared to 55 in March 2024. This month's total of 63 is lower than the previous month's total supply of available inventory of 67, a decrease of 6%.

Last March, the median sale price for Downingtown Homes was $510,000. This March, the median sale price was $530,500, an increase of 4% or $20,500 compared to last year. The current median sold price is 13% 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 1.7 months of supply available in Downingtown, compared to 1.2 in March 2024. That is an increase of 36% 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 73 homes newly listed for sale in Downingtown compared to 51 in March 2024, an increase of 43%. There were 68 current contracts pending sale this March compared to 56 a year ago. The number of current contracts is 21% higher than last March.

In March, the average sale price in Downingtown was 100.4% of the average list price, which is 1.3% lower than at this time last year.

This month, the average number of days on market was 23, higher than the average last year, which was 22, an increase of 5%.





FOCUS ON: DOWNINGTOWN HOUSING MARKET			MARCH 2025

Zip Code(s): 19335 and 19372
Units Sold 38	Active Inventory 63	Median Sale Price $530,500	Days On Market 23

Down -16% Vs. Year Ago	Up 15% Vs. Year Ago	Up 4% Vs. Year Ago	Up 5% Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 38 sold this month in Downingtown Real Estate versus 34 last month, an increase of 12%. This month's total units sold was lower than at this time last year, a decrease of 16% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 8 units or 15%. The total number of active inventory this March was 63 compared to 55 in March 2024. This month's total of 63 is lower than the previous month's total supply of available inventory of 67, a decrease of 6%.
		Median Sale Price Last March, the median sale price for Downingtown Homes was $510,000. This March, the median sale price was $530,500, an increase of 4% or $20,500 compared to last year. The current median sold price is 13% 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 73	Current Contracts 68	Sold Vs. List Price 100.4%	Months of Supply 1.7

Up 43% Vs. Year Ago	Up 21% Vs. Year Ago	Down -1.2% Vs. Year Ago	Up 36% Vs. Year Ago


		Months of Supply In March, there was 1.7 months of supply available in Downingtown, compared to 1.2 in March 2024. That is an increase of 36% 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 73 homes newly listed for sale in Downingtown compared to 51 in March 2024, an increase of 43%. There were 68 current contracts pending sale this March compared to 56 a year ago. The number of current contracts is 21% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Downingtown was 100.4% of the average list price, which is 1.3% lower than at this time last year. Days on Market This month, the average number of days on market was 23, higher than the average last year, which was 22, an increase of 5%.


	Downingtown are defined as properties listed in zip code/s 19335 and 19372.
	*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.