DOWNINGTOWN HOUSING MARKET DATA

There was a decrease in total units sold in May, with 44 sold this month in Downingtown Real Estate versus 54 last month, a decrease of 19%. This month's total units sold was lower than at this time last year, a decrease of 25% versus May 2024.

Versus last year, the total number of homes available this month is higher by 6 units or 9%. The total number of active inventory this May was 73 compared to 67 in May 2024. This month's total of 73 is lower than the previous month's total supply of available inventory of 100, a decrease of 27%.

Last May, the median sale price for Downingtown Homes was $570,000. This May, the median sale price was approximately the same at $507,500. The current median sold price is 11% lower than in May 2024.

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

In May, there was 1.7 months of supply available in Downingtown, compared to 1.1 in May 2024. That is an increase of 46% 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 54 homes newly listed for sale in Downingtown compared to 82 in May 2024, a decrease of 34%. There were 73 current contracts pending sale this May compared to 69 a year ago. The number of current contracts is 6% higher than last May.

In May, the average sale price in Downingtown was 102.6% 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 20, higher than the average last year, which was 19, an increase of 5%.





FOCUS ON: DOWNINGTOWN HOUSING MARKET			MAY 2025

Zip Code(s): 19335 and 19372
Units Sold 44	Active Inventory 73	Median Sale Price $507,500	Days On Market 20

Down -25% Vs. Year Ago	Up 9% Vs. Year Ago	Down -11% Vs. Year Ago	Up 5% Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 44 sold this month in Downingtown Real Estate versus 54 last month, a decrease of 19%. This month's total units sold was lower than at this time last year, a decrease of 25% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 6 units or 9%. The total number of active inventory this May was 73 compared to 67 in May 2024. This month's total of 73 is lower than the previous month's total supply of available inventory of 100, a decrease of 27%.
		Median Sale Price Last May, the median sale price for Downingtown Homes was $570,000. This May, the median sale price was approximately the same at $507,500. The current median sold price is 11% lower than in May 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 54	Current Contracts 73	Sold Vs. List Price 102.6%	Months of Supply 1.7

Down -34% Vs. Year Ago	Up 6% Vs. Year Ago	Down -1.2% Vs. Year Ago	Up 46% Vs. Year Ago


		Months of Supply In May, there was 1.7 months of supply available in Downingtown, compared to 1.1 in May 2024. That is an increase of 46% 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 54 homes newly listed for sale in Downingtown compared to 82 in May 2024, a decrease of 34%. There were 73 current contracts pending sale this May compared to 69 a year ago. The number of current contracts is 6% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Downingtown was 102.6% 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 20, higher than the average last year, which was 19, 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.