HAVERTOWN AND BROOMALL HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in March, with 37 sold this month in Havertown and Broomall Real Estate. This month's total units sold was higher than at this time last year, an increase from March 2024.

Versus last year, the total number of homes available this month is lower by 13 units or 27%. The total number of active inventory this March was 36 compared to 49 in March 2024. This month's total of 36 is lower than the previous month's total supply of available inventory of 38, a decrease of 5%.

Last March, the median sale price for Havertown and Broomall Homes was $480,000. This March, the median sale price was $565,000, an increase of 18% or $85,000 compared to last year. The current median sold price is 8% higher than in February.

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

In March, there was 1.0 months of supply available in Havertown and Broomall, compared to 1.4 in March 2024. That is a decrease of 31% 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 67 homes newly listed for sale in Havertown and Broomall compared to 46 in March 2024, an increase of 46%. There were 66 current contracts pending sale this March compared to 48 a year ago. The number of current contracts is 38% higher than last March.

In March, the average sale price in Havertown and Broomall was 102.2% of the average list price, which is 1.7% lower than at this time last year.

This month, the average number of days on market was 20, higher than the average last year, which was 14, an increase of 43%.





FOCUS ON: HAVERTOWN AND BROOMALL HOUSING MARKET			MARCH 2025

Zip Code(s): 19008 and 19083
Units Sold 37	Active Inventory 36	Median Sale Price $565,000	Days On Market 20

Up Vs. Year Ago	Down -27% Vs. Year Ago	Up 18% Vs. Year Ago	Up 43% Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in March, with 37 sold this month in Havertown and Broomall Real Estate. This month's total units sold was higher than at this time last year, an increase from March 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 13 units or 27%. The total number of active inventory this March was 36 compared to 49 in March 2024. This month's total of 36 is lower than the previous month's total supply of available inventory of 38, a decrease of 5%.
		Median Sale Price Last March, the median sale price for Havertown and Broomall Homes was $480,000. This March, the median sale price was $565,000, an increase of 18% or $85,000 compared to last year. The current median sold price is 8% higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 67	Current Contracts 66	Sold Vs. List Price 102.2%	Months of Supply 1.0

Up 46% Vs. Year Ago	Up 38% Vs. Year Ago	Down -1.7% Vs. Year Ago	Down -31% Vs. Year Ago


		Months of Supply In March, there was 1.0 months of supply available in Havertown and Broomall, compared to 1.4 in March 2024. That is a decrease of 31% 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 67 homes newly listed for sale in Havertown and Broomall compared to 46 in March 2024, an increase of 46%. There were 66 current contracts pending sale this March compared to 48 a year ago. The number of current contracts is 38% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Havertown and Broomall was 102.2% of the average list price, which is 1.7% lower than at this time last year. Days on Market This month, the average number of days on market was 20, higher than the average last year, which was 14, an increase of 43%.


	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.