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| OCTOBER 2024 | |||
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| Zip Code(s): 19083 | |||
| Units Sold 36 |
Active Inventory 34 |
Median Sale Price $524,250 |
Days On Market 21 |
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| Up Vs. Year Ago |
Up 10% Vs. Year Ago |
Up 5% Vs. Year Ago |
Down -25% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in October, with 36 sold this month in Havertown Real Estate. This month's total units sold was higher than at this time last year, an increase from October 2023. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 3 units or 10%. The total number of active inventory this October was 34 compared to 31 in October 2023. This month's total of 34 is higher than the previous month's total supply of available inventory of 27, an increase of 26%. |
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Median Sale Price
Last October, the median sale price for Havertown Homes was $500,000. This October, the median sale price was $524,250, an increase of 5% or $24,250 compared to last year. The current median sold price is 9% higher than in September. 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 43 |
Current Contracts 32 |
Sold Vs. List Price 101.6% |
Months of Supply 0.9 |
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| Up 16% Vs. Year Ago |
Up 14% Vs. Year Ago |
Down -2.2% Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In October, there was 0.9 months of supply available in Havertown. 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 43 homes newly listed for sale in Havertown compared to 37 in October 2023, an increase of 16%. There were 32 current contracts pending sale this October compared to 28 a year ago. The number of current contracts is 14% higher than last October. |
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Sale Price to List Price Ratio
In October, the average sale price in Havertown was 101.6% of the average list price, which is 2.3% lower than at this time last year. Days on Market
This month, the average number of days on market was 21, lower than the average last year, which was 28, a decrease of 25%. | |||
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Havertown are defined as properties listed in zip code/s 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. |
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