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FOCUS ON: HAVERTOWN AND BROOMALL HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 19008 and 19083 |
Units Sold
61 |
Active Inventory
69 |
Median Sale Price
$585,000 |
Days On Market
13 |
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Up 7%
Vs. Year Ago |
Up 15%
Vs. Year Ago |
Up 4%
Vs. Year Ago |
Down -7%
Vs. Year Ago |
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Units Sold
The number of units sold remained stable in July, with 61 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 of 3% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 9 units or 15%. The total number of active inventory this July was 69 compared to 60 in July 2024. This month's total of 69 is higher than the previous month's total supply of available inventory of 64, an increase of 8%.
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Median Sale Price
Last July, the median sale price for Havertown and Broomall Homes was $565,000. This July, the median sale price was $585,000, an increase of 4% or $20,000 compared to last year. The current median sold price is 4% higher than in June.
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
67 |
Current Contracts
50 |
Sold Vs. List Price
103.4% |
Months of Supply
1.1 |
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Up 3%
Vs. Year Ago |
Down -17%
Vs. Year Ago |
Up 0.8%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In July, there was 1.1 months of supply available in Havertown and Broomall. The amount of supply is similar compared to 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 67 homes newly listed for sale in Havertown and Broomall compared to 65 in July 2024, an increase of 3%. There were 50 current contracts pending sale this July compared to 60 a year ago. The number of current contracts is 17% lower than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Havertown and Broomall was 103.4% of the average list price, which is 0.8% higher than at this time last year.
Days on Market
This month, the average number of days on market was 13, lower than the average last year, which was 14, a decrease of 7%.
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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. |