GLEN MILLS, CHADDS FORD, AND THORNTON HOUSING MARKET DATA

There was a decrease in total units sold in July, with 37 sold this month in Glen Mills, Chadds Ford, and Thornton Real Estate versus 42 last month, a decrease of 12%. This month's total units sold was higher than at this time last year, an increase of 3% versus July 2024.

Versus last year, the total number of homes available this month is higher by 19 units or 28%. The total number of active inventory this July was 88 compared to 69 in July 2024. This month's total of 88 is higher than the previous month's total supply of available inventory of 81, an increase of 9%.

Last July, the median sale price for Glen Mills, Chadds Ford, and Thornton Homes was $630,000. This July, the median sale price was $675,000, an increase of 7% or $45,000 compared to last year. The current median sold price is 7% lower than in June.

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

In July, there was 2.4 months of supply available in Glen Mills, Chadds Ford, and Thornton, compared to 1.9 in July 2024. That is an increase of 24% 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 53 homes newly listed for sale in Glen Mills, Chadds Ford, and Thornton compared to 43 in July 2024, an increase of 23%. There were 40 current contracts pending sale this July compared to 36 a year ago. The number of current contracts is 11% higher than last July.

In July, the average sale price in Glen Mills, Chadds Ford, and Thornton was 100.4% of the average list price, which is 0.9% higher than at this time last year.

This month, the average number of days on market was 24, higher than the average last year, which was 15. This increase was impacted by the limited number of sales.





FOCUS ON: GLEN MILLS, CHADDS FORD, AND THORNTON HOUSING MARKET			JULY 2025

Zip Code(s): 19342, 19317, 19373 and 19319
Units Sold 37	Active Inventory 88	Median Sale Price $675,000	Days On Market 24

Up 3% Vs. Year Ago	Up 28% Vs. Year Ago	Up 7% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 37 sold this month in Glen Mills, Chadds Ford, and Thornton Real Estate versus 42 last month, a decrease of 12%. This month's total units sold was higher than at this time last year, an increase of 3% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 19 units or 28%. The total number of active inventory this July was 88 compared to 69 in July 2024. This month's total of 88 is higher than the previous month's total supply of available inventory of 81, an increase of 9%.
		Median Sale Price Last July, the median sale price for Glen Mills, Chadds Ford, and Thornton Homes was $630,000. This July, the median sale price was $675,000, an increase of 7% or $45,000 compared to last year. The current median sold price is 7% lower than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 53	Current Contracts 40	Sold Vs. List Price 100.4%	Months of Supply 2.4

Up 23% Vs. Year Ago	Up 11% Vs. Year Ago	Up 0.9% Vs. Year Ago	Up 24% Vs. Year Ago


		Months of Supply In July, there was 2.4 months of supply available in Glen Mills, Chadds Ford, and Thornton, compared to 1.9 in July 2024. That is an increase of 24% 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 53 homes newly listed for sale in Glen Mills, Chadds Ford, and Thornton compared to 43 in July 2024, an increase of 23%. There were 40 current contracts pending sale this July compared to 36 a year ago. The number of current contracts is 11% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Glen Mills, Chadds Ford, and Thornton was 100.4% of the average list price, which is 0.9% higher than at this time last year. Days on Market This month, the average number of days on market was 24, higher than the average last year, which was 15. This increase was impacted by the limited number of sales.


	Glen Mills, Chadds Ford, and Thornton are defined as properties listed in zip code/s 19342, 19317, 19373 and 19319.
	*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.