KENNETT SQUARE AND AVONDALE HOUSING MARKET DATA

There was an increase in total units sold in June, with 47 sold this month in Kennett Square and Avondale Real Estate. This month's total units sold was higher than at this time last year.

Versus last year, the total number of homes available this month is higher by 7 units or 14%. The total number of active inventory this June was 56 compared to 49 in June 2024. This month's total of 56 is lower than the previous month's total supply of available inventory of 67, a decrease of 16%.

Last June, the median sale price for Kennett Square and Avondale Homes was $627,500. This June, the median sale price was $605,000, a decrease of 4% or $22,500 compared to last year. The current median sold price is 13% higher than in May.

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

In June, there was 1.2 months of supply available in Kennett Square and Avondale, compared to 1.4 in June 2024. That is a decrease of 12% 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 41 homes newly listed for sale in Kennett Square and Avondale compared to 39 in June 2024, an increase of 5%. There were 40 current contracts pending sale this June compared to 25 a year ago. The number of current contracts is 60% higher than last June.

In June, the average sale price in Kennett Square and Avondale was 101.3% of the average list price, which is 1.0% higher than at this time last year.

This month, the average number of days on market was 16, lower than the average last year, which was 39, a decrease of 59%.





FOCUS ON: KENNETT SQUARE AND AVONDALE HOUSING MARKET			JUNE 2025

Zip Code(s): 19348, 19311, 19375 and 19374
Units Sold 47	Active Inventory 56	Median Sale Price $605,000	Days On Market 16

Up 31% Vs. Year Ago	Up 14% Vs. Year Ago	Down -4% Vs. Year Ago	Down -59% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 47 sold this month in Kennett Square and Avondale Real Estate. This month's total units sold was higher than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is higher by 7 units or 14%. The total number of active inventory this June was 56 compared to 49 in June 2024. This month's total of 56 is lower than the previous month's total supply of available inventory of 67, a decrease of 16%.
		Median Sale Price Last June, the median sale price for Kennett Square and Avondale Homes was $627,500. This June, the median sale price was $605,000, a decrease of 4% or $22,500 compared to last year. The current median sold price is 13% higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 41	Current Contracts 40	Sold Vs. List Price 101.3%	Months of Supply 1.2

Up 5% Vs. Year Ago	Up 60% Vs. Year Ago	Up 1% Vs. Year Ago	Down -13% Vs. Year Ago


		Months of Supply In June, there was 1.2 months of supply available in Kennett Square and Avondale, compared to 1.4 in June 2024. That is a decrease of 12% 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 41 homes newly listed for sale in Kennett Square and Avondale compared to 39 in June 2024, an increase of 5%. There were 40 current contracts pending sale this June compared to 25 a year ago. The number of current contracts is 60% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Kennett Square and Avondale was 101.3% of the average list price, which is 1.0% higher than at this time last year. Days on Market This month, the average number of days on market was 16, lower than the average last year, which was 39, a decrease of 59%.


	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.