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FOCUS ON: HAVERTOWN AND BROOMALL HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 19008 and 19083 |
Units Sold
60 |
Active Inventory
55 |
Median Sale Price
$560,000 |
Days On Market
12 |
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Up 33%
Vs. Year Ago |
Down -18%
Vs. Year Ago |
Up 6%
Vs. Year Ago |
Down -8%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 60 sold this month in Havertown and Broomall Real Estate versus 56 last month, an increase of 7%. This month's total units sold was higher than at this time last year, an increase of 33% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 12 units or 18%. The total number of active inventory this June was 55 compared to 67 in June 2024. This month's total of 55 is lower than the previous month's total supply of available inventory of 61, a decrease of 10%.
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Median Sale Price
Last June, the median sale price for Havertown and Broomall Homes was $530,000. This June, the median sale price was $560,000, an increase of 6% or $30,000 compared to last year. The current median sold price is 5% 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.
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New Listings
58 |
Current Contracts
57 |
Sold Vs. List Price
103.5% |
Months of Supply
0.9 |
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Down -19%
Vs. Year Ago |
Up 14%
Vs. Year Ago |
Up 0.8%
Vs. Year Ago |
Down -38%
Vs. Year Ago |
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Months of Supply
In June, there was 0.9 months of supply available in Havertown and Broomall, compared to 1.5 in June 2024. That is a decrease of 38% 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.
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New Listings & Current Contracts
This month there were 58 homes newly listed for sale in Havertown and Broomall compared to 72 in June 2024, a decrease of 19%. There were 57 current contracts pending sale this June compared to 50 a year ago. The number of current contracts is 14% higher than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Havertown and Broomall was 103.5% 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 12, lower than the average last year, which was 13, a decrease of 8%.
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Havertown and Broomall are defined as properties listed in zip code/s 19008 and 19083. |
*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. |