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FOCUS ON: LEVITTOWN AND FAIRLESS HILLS HOUSING MARKET |
MAY 2025 |
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Zip Code(s): 19057, 19055, 19054, 19056 and 19030 |
Units Sold
50 |
Active Inventory
53 |
Median Sale Price
$387,750 |
Days On Market
10 |
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No Change
Vs. Year Ago |
Down -15%
Vs. Year Ago |
Up 2%
Vs. Year Ago |
Down -29%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in May, with 50 sold this month in Levittown and Fairless Hills Real Estate, a decrease of 23%. This month's total units sold is similar compared to a year ago.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 9 units or 15%. The total number of active inventory this May was 53 compared to 62 in May 2024. This month's total of 53 is higher than the previous month's total supply of available inventory of 47, an increase of 13%.
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Median Sale Price
Last May, the median sale price for Levittown and Fairless Hills Homes was $379,500. This May, the median sale price was $387,750, an increase of 2% or $8,250 compared to last year. The current median sold price is 6% lower than in April.
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
75 |
Current Contracts
60 |
Sold Vs. List Price
102.0% |
Months of Supply
1.1 |
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No Change
Vs. Year Ago |
Down -15%
Vs. Year Ago |
Up 0.8%
Vs. Year Ago |
Down -15%
Vs. Year Ago |
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Months of Supply
In May, there was 1.1 months of supply available in Levittown and Fairless Hills, compared to 1.2 in May 2024. That is a decrease of 15% 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 75 homes newly listed for sale in Levittown and Fairless Hills, which is similar to the amount in May 2024. There were 60 current contracts pending sale this May compared to 71 a year ago. The number of current contracts is 15% lower than last May.
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Sale Price to List Price Ratio
In May, the average sale price in Levittown and Fairless Hills was 102.0% of the average list price, which is 0.8% higher than at this time last year.
Days on Market
This month, the average number of days on market was 10, lower than the average last year, which was 14, a decrease of 29%.
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Levittown and Fairless Hills are defined as properties listed in zip code/s 19057, 19055, 19054, 19056 and 19030. |
*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. |