The Long & Foster Market Minute

Focus On: Lansdowne and Yeadon Housing Market December 2021

Zip Code(s): 19050
Units Sold
Active Inventory
Median Sale Price
Days On Market
Down -11%
Vs. Year Ago
Down -37%
Vs. Year Ago
Up 22%
Vs. Year Ago
Down -26%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in December, with 31 sold this month in Lansdowne and Yeadon Real Estate versus 36 last month, a decrease of 14%. This month's total units sold was lower than at this time last year, a decrease of 11% versus December 2020.

Active Inventory
Versus last year, the total number of homes available this month is lower by 11 units or 37%. The total number of active inventory this December was 19 compared to 30 in December 2020. This month's total of 19 is lower than the previous month's total supply of available inventory of 34, a decrease of 44%.

Median Sale Price
Last December, the median sale price for Lansdowne and Yeadon Homes was $180,000. This December, the median sale price was $220,000, an increase of 22% or $40,000 compared to last year. The current median sold price is 4% lower 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
Current Contracts
Sold Vs. List Price
Months of Supply
Up 32%
Vs. Year Ago
Up 67%
Vs. Year Ago
Up 1.5%
Vs. Year Ago
Down -29%
Vs. Year Ago

Months of Supply
In December, there was 0.6 months of supply available in Lansdowne and Yeadon, compared to 0.9 in December 2020. That is a decrease of 28% 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 25 homes newly listed for sale in Lansdowne and Yeadon compared to 19 in December 2020, an increase of 32%. There were 35 current contracts pending sale this December compared to 21 a year ago. The number of current contracts is 67% higher than last December.

Sale Price to List Price Ratio
In December, the average sale price in Lansdowne and Yeadon was 100.3% of the average list price, which is 1.4% higher than at this time last year.

Days on Market
This month, the average number of days on market was 17, lower than the average last year, which was 23, a decrease of 26%.

The Long & Foster Market Minute 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.
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.