DREXEL HILL HOUSING MARKET DATA

There was an increase in total units sold in August, with 39 sold this month in Drexel Hill Real Estate versus 31 last month, an increase of 26%. This month's total units sold was higher than at this time last year, an increase of 18% versus August 2024.

Versus last year, the total number of homes available this month is lower by 9 units or 19%. The total number of active inventory this August was 39 compared to 48 in August 2024. This month's total of 39 is lower than the previous month's total supply of available inventory of 42, a decrease of 7%.

Last August, the median sale price for Drexel Hill Homes was $310,000. This August, the median sale price was $305,000, a decrease of 2% or $5,000 compared to last year. The current median sold price is 15% lower than in July.

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

In August, there was 1.0 months of supply available in Drexel Hill, compared to 1.5 in August 2024. That is a decrease of 31% 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 Drexel Hill compared to 40 in August 2024, a decrease of 30%. There were 27 current contracts pending sale this August compared to 31 a year ago. The number of current contracts is 13% lower than last August.

In August, the average sale price in Drexel Hill was 98.3% of the average list price, which is 4.5% lower than at this time last year.

This month, the average number of days on market was 17, higher than the average last year, which was 12, an increase of 42%.





FOCUS ON: DREXEL HILL HOUSING MARKET			AUGUST 2025

Zip Code(s): 19026
Units Sold 39	Active Inventory 39	Median Sale Price $305,000	Days On Market 17

Up 18% Vs. Year Ago	Down -19% Vs. Year Ago	Down -2% Vs. Year Ago	Up 42% Vs. Year Ago


		Units Sold There was an increase in total units sold in August, with 39 sold this month in Drexel Hill Real Estate versus 31 last month, an increase of 26%. This month's total units sold was higher than at this time last year, an increase of 18% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 9 units or 19%. The total number of active inventory this August was 39 compared to 48 in August 2024. This month's total of 39 is lower than the previous month's total supply of available inventory of 42, a decrease of 7%.
		Median Sale Price Last August, the median sale price for Drexel Hill Homes was $310,000. This August, the median sale price was $305,000, a decrease of 2% or $5,000 compared to last year. The current median sold price is 15% lower than in July. 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 27	Sold Vs. List Price 98.3%	Months of Supply 1.0

Down -30% Vs. Year Ago	Down -13% Vs. Year Ago	Down -4.3% Vs. Year Ago	Down -31% Vs. Year Ago


		Months of Supply In August, there was 1.0 months of supply available in Drexel Hill, compared to 1.5 in August 2024. That is a decrease of 31% 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 Drexel Hill compared to 40 in August 2024, a decrease of 30%. There were 27 current contracts pending sale this August compared to 31 a year ago. The number of current contracts is 13% lower than last August.
		Sale Price to List Price Ratio In August, the average sale price in Drexel Hill was 98.3% of the average list price, which is 4.5% lower than at this time last year. Days on Market This month, the average number of days on market was 17, higher than the average last year, which was 12, an increase of 42%.


	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.