GLEN MILLS, CHADDS FORD, AND THORNTON HOUSING MARKET DATA

There was a decrease in total units sold in June, with 41 sold this month in Glen Mills, Chadds Ford, and Thornton Real Estate versus 49 last month, a decrease of 16%. This month's total units sold was higher than at this time last year, an increase of 5% versus June 2024.

Versus last year, the total number of homes available this month is higher by 14 units or 21%. The total number of active inventory this June was 80 compared to 66 in June 2024. This month's total of 80 is lower than the previous month's total supply of available inventory of 83, a decrease of 4%.

Last June, the median sale price for Glen Mills, Chadds Ford, and Thornton Homes was $703,000. This June, the median sale price was $726,000, an increase of 3% or $23,000 compared to last year. The current median sold price is 4% lower 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 2.0 months of supply available in Glen Mills, Chadds Ford, and Thornton, compared to 1.7 in June 2024. That is an increase of 15% 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 46 homes newly listed for sale in Glen Mills, Chadds Ford, and Thornton compared to 49 in June 2024, a decrease of 6%. There were 36 current contracts pending sale this June compared to 40 a year ago. The number of current contracts is 10% lower than last June.

In June, the average sale price in Glen Mills, Chadds Ford, and Thornton was 99.3% of the average list price, which is 1.9% lower than at this time last year.

This month, the average number of days on market was 20, lower than the average last year, which was 21, a decrease of 5%.





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

Zip Code(s): 19342, 19317, 19373 and 19319
Units Sold 41	Active Inventory 80	Median Sale Price $726,000	Days On Market 20

Up 5% Vs. Year Ago	Up 21% Vs. Year Ago	Up 3% Vs. Year Ago	Down -5% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 41 sold this month in Glen Mills, Chadds Ford, and Thornton Real Estate versus 49 last month, a decrease of 16%. This month's total units sold was higher than at this time last year, an increase of 5% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 14 units or 21%. The total number of active inventory this June was 80 compared to 66 in June 2024. This month's total of 80 is lower than the previous month's total supply of available inventory of 83, a decrease of 4%.
		Median Sale Price Last June, the median sale price for Glen Mills, Chadds Ford, and Thornton Homes was $703,000. This June, the median sale price was $726,000, an increase of 3% or $23,000 compared to last year. The current median sold price is 4% lower 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 46	Current Contracts 36	Sold Vs. List Price 99.3%	Months of Supply 2.0

Down -6% Vs. Year Ago	Down -10% Vs. Year Ago	Down -1.8% Vs. Year Ago	Up 15% Vs. Year Ago


		Months of Supply In June, there was 2.0 months of supply available in Glen Mills, Chadds Ford, and Thornton, compared to 1.7 in June 2024. That is an increase of 15% 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 46 homes newly listed for sale in Glen Mills, Chadds Ford, and Thornton compared to 49 in June 2024, a decrease of 6%. There were 36 current contracts pending sale this June compared to 40 a year ago. The number of current contracts is 10% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in Glen Mills, Chadds Ford, and Thornton was 99.3% of the average list price, which is 1.9% lower than at this time last year. Days on Market This month, the average number of days on market was 20, lower than the average last year, which was 21, a decrease of 5%.


	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.