HANOVER, SPRING GROVE, AND GLENVILLE HOUSING MARKET DATA

There was an increase in total units sold in September, with 102 sold this month in Hanover, Spring Grove, and Glenville Real Estate versus 100 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 29% versus September 2024.

Versus last year, the total number of homes available this month is higher by 62 units or 38%. The total number of active inventory this September was 226 compared to 164 in September 2024. This month's total of 226 is lower than the previous month's total supply of available inventory of 245, a decrease of 8%.

Last September, the median sale price for Hanover, Spring Grove, and Glenville Homes was $290,000. This September, the median sale price was $304,550, an increase of 5% or $14,550 compared to last year. The current median sold price is 5% lower than in August.

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

In September, there was 2.2 months of supply available in Hanover, Spring Grove, and Glenville, compared to 2.1 in September 2024. That is an increase of 7% 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 114 homes newly listed for sale in Hanover, Spring Grove, and Glenville compared to 112 in September 2024, an increase of 2%. There were 94 current contracts pending sale this September compared to 112 a year ago. The number of current contracts is 16% lower than last September.

In September, the average sale price in Hanover, Spring Grove, and Glenville was 99.0% of the average list price, which is 1.3% lower than at this time last year.

This month, the average number of days on market was 25, higher than the average last year, which was 23, an increase of 9%.





FOCUS ON: HANOVER, SPRING GROVE, AND GLENVILLE HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 17331, 17362, 17329 and 17311
Units Sold 102	Active Inventory 226	Median Sale Price $304,550	Days On Market 25

Up 29% Vs. Year Ago	Up 38% Vs. Year Ago	Up 5% Vs. Year Ago	Up 9% Vs. Year Ago


		Units Sold There was an increase in total units sold in September, with 102 sold this month in Hanover, Spring Grove, and Glenville Real Estate versus 100 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 29% versus September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 62 units or 38%. The total number of active inventory this September was 226 compared to 164 in September 2024. This month's total of 226 is lower than the previous month's total supply of available inventory of 245, a decrease of 8%.
		Median Sale Price Last September, the median sale price for Hanover, Spring Grove, and Glenville Homes was $290,000. This September, the median sale price was $304,550, an increase of 5% or $14,550 compared to last year. The current median sold price is 5% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 114	Current Contracts 94	Sold Vs. List Price 99.0%	Months of Supply 2.2

Up 2% Vs. Year Ago	Down -16% Vs. Year Ago	Down -1.3% Vs. Year Ago	Up 7% Vs. Year Ago


		Months of Supply In September, there was 2.2 months of supply available in Hanover, Spring Grove, and Glenville, compared to 2.1 in September 2024. That is an increase of 7% 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 114 homes newly listed for sale in Hanover, Spring Grove, and Glenville compared to 112 in September 2024, an increase of 2%. There were 94 current contracts pending sale this September compared to 112 a year ago. The number of current contracts is 16% lower than last September.
		Sale Price to List Price Ratio In September, the average sale price in Hanover, Spring Grove, and Glenville was 99.0% of the average list price, which is 1.3% lower than at this time last year. Days on Market This month, the average number of days on market was 25, higher than the average last year, which was 23, an increase of 9%.


	Hanover, Spring Grove, and Glenville are defined as properties listed in zip code/s 17331, 17362, 17329 and 17311.
	*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.