GLENOLDEN, FOLCROFT, AND NORWOOD HOUSING MARKET DATA

There was an increase in total units sold in May, with 25 sold this month in Glenolden, Folcroft, and Norwood Real Estate versus 20 last month, an increase of 25%. This month's total units sold was lower than at this time last year, a decrease of 29% versus May 2024.

Versus last year, the total number of homes available this month is higher by 7 units or 29%. The total number of active inventory this May was 31 compared to 24 in May 2024. This month's total of 31 is higher than the previous month's total supply of available inventory of 26, an increase of 19%.

Last May, the median sale price for Glenolden, Folcroft, and Norwood Homes was $240,000. This May, the median sale price was $242,500, an increase of 1% or $2,500 compared to last year. The current median sold price is 7% higher than in April.

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 1.2 months of supply available in Glenolden, Folcroft, and Norwood, compared to 0.7 in May 2024. That is an increase of 81% 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 31 homes newly listed for sale in Glenolden, Folcroft, and Norwood compared to 30 in May 2024, an increase of 3%. There were 23 current contracts pending sale this May compared to 29 a year ago. The number of current contracts is 21% lower than last May.

In May, the average sale price in Glenolden, Folcroft, and Norwood was 98.3% 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 18, lower than the average last year, which was 27, a decrease of 33%.





FOCUS ON: GLENOLDEN, FOLCROFT, AND NORWOOD HOUSING MARKET			MAY 2025

Zip Code(s): 19036, 19032 and 19074
Units Sold 25	Active Inventory 31	Median Sale Price $242,500	Days On Market 18

Down -29% Vs. Year Ago	Up 29% Vs. Year Ago	Up 1% Vs. Year Ago	Down -33% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 25 sold this month in Glenolden, Folcroft, and Norwood Real Estate versus 20 last month, an increase of 25%. This month's total units sold was lower than at this time last year, a decrease of 29% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 7 units or 29%. The total number of active inventory this May was 31 compared to 24 in May 2024. This month's total of 31 is higher than the previous month's total supply of available inventory of 26, an increase of 19%.
		Median Sale Price Last May, the median sale price for Glenolden, Folcroft, and Norwood Homes was $240,000. This May, the median sale price was $242,500, an increase of 1% or $2,500 compared to last year. The current median sold price is 7% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 31	Current Contracts 23	Sold Vs. List Price 98.3%	Months of Supply 1.2

Up 3% Vs. Year Ago	Down -21% Vs. Year Ago	Down -1.9% Vs. Year Ago	Up 80% Vs. Year Ago


		Months of Supply In May, there was 1.2 months of supply available in Glenolden, Folcroft, and Norwood, compared to 0.7 in May 2024. That is an increase of 81% 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 31 homes newly listed for sale in Glenolden, Folcroft, and Norwood compared to 30 in May 2024, an increase of 3%. There were 23 current contracts pending sale this May compared to 29 a year ago. The number of current contracts is 21% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Glenolden, Folcroft, and Norwood was 98.3% 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 18, lower than the average last year, which was 27, a decrease of 33%.


	Glenolden, Folcroft, and Norwood are defined as properties listed in zip code/s 19036, 19032 and 19074.
	*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.