The Long & Foster Market Minute

Focus On: Havertown Housing Market December 2021

Zip Code(s): 19083
Units Sold
42
Active Inventory
22
Median Sale Price
$407,500
Days On Market
20
Down
Vs. Year Ago
No Change
Vs. Year Ago
Up 14%
Vs. Year Ago
Up 5%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in December, with 42 sold this month in Havertown Real Estate. This month's total units sold was lower than at this time last year.

Active Inventory
The total number of homes available this month is 22 units, which is similar compared to a year ago. This month's total of 22 is lower than the previous month's total supply of available inventory of 32, a decrease of 31%.

Median Sale Price
Last December, the median sale price for Havertown Homes was $357,000. This December, the median sale price was $407,500, an increase of 14% or $50,500 compared to last year. The current median sold price is 3% higher than in November.

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


New Listings
22
Current Contracts
26
Sold Vs. List Price
100.3%
Months of Supply
0.5
No Change
Vs. Year Ago
Down -7%
Vs. Year Ago
No Change
Vs. Year Ago
Up 63%
Vs. Year Ago

Months of Supply
In December, there was 0.5 months of supply available in Havertown, compared to 0.3 in December 2020. That is an increase of 62% 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 22 homes newly listed for sale in Havertown, which is similar to the amount in December 2020. There were 26 current contracts pending sale this December compared to 28 a year ago. The number of current contracts is 7% lower than last December.

Sale Price to List Price Ratio
In December, the average sale price in Havertown was 100.3% of the average list price, which is similar compared to a year ago.

Days on Market
This month, the average number of days on market was 20, higher than the average last year, which was 19, an increase of 5%.

The Long & Foster Market Minute 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.
REALTOR, Equal Opportunity HousingInformation 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.