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FOCUS ON: LANSDOWNE AND YEADON HOUSING MARKET |
MARCH 2025 |
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Zip Code(s): 19050 |
Units Sold
17 |
Active Inventory
25 |
Median Sale Price
$230,000 |
Days On Market
38 |
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Down -35%
Vs. Year Ago |
Down -46%
Vs. Year Ago |
Down -2%
Vs. Year Ago |
Up 9%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in March, with 17 sold this month in Lansdowne and Yeadon Real Estate versus 14 last month, an increase of 21%. This month's total units sold was lower than at this time last year, a decrease of 35% versus March 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 21 units or 46%. The total number of active inventory this March was 25 compared to 46 in March 2024. This month's total of 25 is lower than the previous month's total supply of available inventory of 38, a decrease of 34%.
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Median Sale Price
Last March, the median sale price for Lansdowne and Yeadon Homes was $235,000. This March, the median sale price was $230,000, a decrease of 2% or $5,000 compared to last year. The current median sold price is 20% lower 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.
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New Listings
22 |
Current Contracts
27 |
Sold Vs. List Price
101.3% |
Months of Supply
1.5 |
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Down -27%
Vs. Year Ago |
Down -4%
Vs. Year Ago |
Up 1.5%
Vs. Year Ago |
Down -17%
Vs. Year Ago |
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Months of Supply
In March, there was 1.5 months of supply available in Lansdowne and Yeadon, compared to 1.8 in March 2024. That is a decrease of 17% 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.
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New Listings & Current Contracts
This month there were 22 homes newly listed for sale in Lansdowne and Yeadon compared to 30 in March 2024, a decrease of 27%. There were 27 current contracts pending sale this March compared to 28 a year ago. The number of current contracts is 4% lower than last March.
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Sale Price to List Price Ratio
In March, the average sale price in Lansdowne and Yeadon was 101.3% of the average list price, which is 1.5% higher than at this time last year.
Days on Market
This month, the average number of days on market was 38, higher than the average last year, which was 35, an increase of 9%.
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Lansdowne and Yeadon are defined as properties listed in zip code/s 19050. |
*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. |