HAVERTOWN HOUSING MARKET DATA

There was an increase in total units sold in March, with 26 sold this month in Havertown Real Estate, an increase of 73%. This month's total units sold is similar compared to a year ago.

Versus last year, the total number of homes available this month is lower by 6 units or 22%. The total number of active inventory this March was 21 compared to 27 in March 2024. This month's total of 21 is lower than the previous month's total supply of available inventory of 24, a decrease of 13%.

Last March, the median sale price for Havertown Homes was $479,950. This March, the median sale price was $548,000, an increase of 14% or $68,050 compared to last year. The current median sold price is 11% 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 0.8 months of supply available in Havertown, compared to 1.0 in March 2024. That is a decrease of 22% 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 46 homes newly listed for sale in Havertown compared to 31 in March 2024, an increase of 48%. There were 49 current contracts pending sale this March compared to 28 a year ago. The number of current contracts is 75% higher than last March.

In March, the average sale price in Havertown was 101.4% of the average list price, which is 3.1% lower than at this time last year.

This month, the average number of days on market was 19, higher than the average last year, which was 14, an increase of 36%.





FOCUS ON: HAVERTOWN HOUSING MARKET			MARCH 2025

Zip Code(s): 19083
Units Sold 26	Active Inventory 21	Median Sale Price $548,000	Days On Market 19

No Change Vs. Year Ago	Down -22% Vs. Year Ago	Up 14% Vs. Year Ago	Up 36% Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 26 sold this month in Havertown Real Estate, an increase of 73%. This month's total units sold is similar compared to a year ago.
Active Inventory Versus last year, the total number of homes available this month is lower by 6 units or 22%. The total number of active inventory this March was 21 compared to 27 in March 2024. This month's total of 21 is lower than the previous month's total supply of available inventory of 24, a decrease of 13%.
		Median Sale Price Last March, the median sale price for Havertown Homes was $479,950. This March, the median sale price was $548,000, an increase of 14% or $68,050 compared to last year. The current median sold price is 11% 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 46	Current Contracts 49	Sold Vs. List Price 101.4%	Months of Supply 0.8

Up 48% Vs. Year Ago	Up 75% Vs. Year Ago	Down -3% Vs. Year Ago	Down -22% Vs. Year Ago


		Months of Supply In March, there was 0.8 months of supply available in Havertown, compared to 1.0 in March 2024. That is a decrease of 22% 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 46 homes newly listed for sale in Havertown compared to 31 in March 2024, an increase of 48%. There were 49 current contracts pending sale this March compared to 28 a year ago. The number of current contracts is 75% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Havertown was 101.4% of the average list price, which is 3.1% lower than at this time last year. Days on Market This month, the average number of days on market was 19, higher than the average last year, which was 14, an increase of 36%.


	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.