DREXEL HILL HOUSING MARKET DATA

There was an increase in total units sold in June, with 34 sold this month in Drexel Hill Real Estate versus 26 last month, an increase of 31%. This month's total units sold was higher than at this time last year, an increase of 6% versus June 2024.

Versus last year, the total number of homes available this month is lower by 5 units or 11%. The total number of active inventory this June was 41 compared to 46 in June 2024. This month's supply remained stable as compared to last month.

Last June, the median sale price for Drexel Hill Homes was $310,000. This June, the median sale price was $327,500, an increase of 6% or $17,500 compared to last year. The current median sold price is 7% higher than in May.

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

In June, there was 1.2 months of supply available in Drexel Hill, compared to 1.4 in June 2024. That is a decrease of 16% 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 38 homes newly listed for sale in Drexel Hill compared to 39 in June 2024, a decrease of 3%. There were 34 current contracts pending sale this June compared to 24 a year ago. The number of current contracts is 42% higher than last June.

In June, the average sale price in Drexel Hill was 101.9% of the average list price, which is 1.0% lower than at this time last year.

This month, the average number of days on market was 14, lower than the average last year, which was 15, a decrease of 7%.





FOCUS ON: DREXEL HILL HOUSING MARKET			JUNE 2025

Zip Code(s): 19026
Units Sold 34	Active Inventory 41	Median Sale Price $327,500	Days On Market 14

Up 6% Vs. Year Ago	Down -11% Vs. Year Ago	Up 6% Vs. Year Ago	Down -7% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 34 sold this month in Drexel Hill Real Estate versus 26 last month, an increase of 31%. This month's total units sold was higher than at this time last year, an increase of 6% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 5 units or 11%. The total number of active inventory this June was 41 compared to 46 in June 2024. This month's supply remained stable as compared to last month.
		Median Sale Price Last June, the median sale price for Drexel Hill Homes was $310,000. This June, the median sale price was $327,500, an increase of 6% or $17,500 compared to last year. The current median sold price is 7% higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 38	Current Contracts 34	Sold Vs. List Price 101.9%	Months of Supply 1.2

Down -3% Vs. Year Ago	Up 42% Vs. Year Ago	Down -1% Vs. Year Ago	Down -16% Vs. Year Ago


		Months of Supply In June, there was 1.2 months of supply available in Drexel Hill, compared to 1.4 in June 2024. That is a decrease of 16% 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 38 homes newly listed for sale in Drexel Hill compared to 39 in June 2024, a decrease of 3%. There were 34 current contracts pending sale this June compared to 24 a year ago. The number of current contracts is 42% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Drexel Hill was 101.9% of the average list price, which is 1.0% lower than at this time last year. Days on Market This month, the average number of days on market was 14, lower than the average last year, which was 15, a decrease of 7%.


	Drexel Hill are defined as properties listed in zip code/s 19026.
	*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.