HANOVER, SPRING GROVE, AND GLENVILLE HOUSING MARKET DATA

There was a decrease in total units sold in June, with 94 sold this month in Hanover, Spring Grove, and Glenville Real Estate versus 108 last month, a decrease of 13%. This month's total units sold was lower than at this time last year, a decrease of 9% versus June 2024.

Versus last year, the total number of homes available this month is higher by 5 units or 3%. The total number of active inventory this June was 190 compared to 185 in June 2024. This month's total of 190 is lower than the previous month's total supply of available inventory of 195, a decrease of 3%.

Last June, the median sale price for Hanover, Spring Grove, and Glenville Homes was $295,799. This June, the median sale price was $299,900, an increase of 1% or $4,101 compared to last year. The current median sold price is 2% 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 Hanover, Spring Grove, and Glenville, compared to 1.8 in June 2024. That is an increase of 13% 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 145 homes newly listed for sale in Hanover, Spring Grove, and Glenville compared to 112 in June 2024, an increase of 29%. There were 121 current contracts pending sale this June compared to 87 a year ago. The number of current contracts is 39% higher than last June.

In June, the average sale price in Hanover, Spring Grove, and Glenville was 100.5% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 23, higher than the average last year, which was 19, an increase of 21%.





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

Zip Code(s): 17331, 17362, 17329 and 17311
Units Sold 94	Active Inventory 190	Median Sale Price $299,900	Days On Market 23

Down -9% Vs. Year Ago	Up 3% Vs. Year Ago	Up 1% Vs. Year Ago	Up 21% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 94 sold this month in Hanover, Spring Grove, and Glenville Real Estate versus 108 last month, a decrease of 13%. This month's total units sold was lower than at this time last year, a decrease of 9% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 5 units or 3%. The total number of active inventory this June was 190 compared to 185 in June 2024. This month's total of 190 is lower than the previous month's total supply of available inventory of 195, a decrease of 3%.
		Median Sale Price Last June, the median sale price for Hanover, Spring Grove, and Glenville Homes was $295,799. This June, the median sale price was $299,900, an increase of 1% or $4,101 compared to last year. The current median sold price is 2% 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 145	Current Contracts 121	Sold Vs. List Price 100.5%	Months of Supply 2.0

Up 29% Vs. Year Ago	Up 39% Vs. Year Ago	No Change Vs. Year Ago	Up 12% Vs. Year Ago


		Months of Supply In June, there was 2.0 months of supply available in Hanover, Spring Grove, and Glenville, compared to 1.8 in June 2024. That is an increase of 13% 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 145 homes newly listed for sale in Hanover, Spring Grove, and Glenville compared to 112 in June 2024, an increase of 29%. There were 121 current contracts pending sale this June compared to 87 a year ago. The number of current contracts is 39% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Hanover, Spring Grove, and Glenville was 100.5% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 23, higher than the average last year, which was 19, an increase of 21%.


	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.