KENNETT SQUARE AND AVONDALE HOUSING MARKET DATA

There was a decrease in total units sold in July, with 34 sold this month in Kennett Square and Avondale Real Estate versus 47 last month, a decrease of 28%. This month's total units sold was higher than at this time last year, an increase of 3% versus July 2024.

Versus last year, the total number of homes available this month is higher by 9 units or 19%. The total number of active inventory this July was 56 compared to 47 in July 2024. This month's total of 56 is lower than the previous month's total supply of available inventory of 59, a decrease of 5%.

Last July, the median sale price for Kennett Square and Avondale Homes was $575,000. This July, the median sale price was $634,950, an increase of 10% or $59,950 compared to last year. The current median sold price is 5% 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.

In July, there was 1.6 months of supply available in Kennett Square and Avondale, compared to 1.4 in July 2024. That is an increase of 16% 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 30 homes newly listed for sale in Kennett Square and Avondale compared to 33 in July 2024, a decrease of 9%. There were 33 current contracts pending sale this July compared to 34 a year ago. The number of current contracts is 3% lower than last July.

In July, the average sale price in Kennett Square and Avondale was 99.8% of the average list price, which is 2.6% higher than at this time last year.

This month, the average number of days on market was 14, lower than the average last year, which was 29. This decrease was impacted by the limited number of sales.





FOCUS ON: KENNETT SQUARE AND AVONDALE HOUSING MARKET			JULY 2025

Zip Code(s): 19348, 19311, 19375 and 19374
Units Sold 34	Active Inventory 56	Median Sale Price $634,950	Days On Market 14

Up 3% Vs. Year Ago	Up 19% Vs. Year Ago	Up 10% Vs. Year Ago	Down Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 34 sold this month in Kennett Square and Avondale Real Estate versus 47 last month, a decrease of 28%. This month's total units sold was higher than at this time last year, an increase of 3% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 9 units or 19%. The total number of active inventory this July was 56 compared to 47 in July 2024. This month's total of 56 is lower than the previous month's total supply of available inventory of 59, a decrease of 5%.
		Median Sale Price Last July, the median sale price for Kennett Square and Avondale Homes was $575,000. This July, the median sale price was $634,950, an increase of 10% or $59,950 compared to last year. The current median sold price is 5% 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.



New Listings 30	Current Contracts 33	Sold Vs. List Price 99.8%	Months of Supply 1.6

Down -9% Vs. Year Ago	Down -3% Vs. Year Ago	Up 2.7% Vs. Year Ago	Up 16% Vs. Year Ago


		Months of Supply In July, there was 1.6 months of supply available in Kennett Square and Avondale, compared to 1.4 in July 2024. That is an increase of 16% 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 30 homes newly listed for sale in Kennett Square and Avondale compared to 33 in July 2024, a decrease of 9%. There were 33 current contracts pending sale this July compared to 34 a year ago. The number of current contracts is 3% lower than last July.
		Sale Price to List Price Ratio In July, the average sale price in Kennett Square and Avondale was 99.8% of the average list price, which is 2.6% higher than at this time last year. Days on Market This month, the average number of days on market was 14, lower than the average last year, which was 29. This decrease was impacted by the limited number of sales.


	Kennett Square and Avondale are defined as properties listed in zip code/s 19348, 19311, 19375 and 19374.
	*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.