MALVERN, PAOLI, AND BERWYN HOUSING MARKET DATA

There was an increase in total units sold in March, with 36 sold this month in Malvern, Paoli, and Berwyn Real Estate versus 28 last month, an increase of 29%. This month's total units sold was higher than at this time last year, an increase of 3% versus March 2024.

Versus last year, the total number of homes available this month is lower by 7 units or 9%. The total number of active inventory this March was 73 compared to 80 in March 2024. This month's total of 73 is higher than the previous month's total supply of available inventory of 69, an increase of 6%.

Last March, the median sale price for Malvern, Paoli, and Berwyn Homes was $725,000. This March, the median sale price was $767,416, an increase of 6% or $42,416 compared to last year. The current median sold price is 1% 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.

In March, there was 2.0 months of supply available in Malvern, Paoli, and Berwyn, compared to 2.3 in March 2024. That is a decrease of 11% 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 91 homes newly listed for sale in Malvern, Paoli, and Berwyn compared to 73 in March 2024, an increase of 25%. There were 70 current contracts pending sale this March compared to 52 a year ago. The number of current contracts is 35% higher than last March.

In March, the average sale price in Malvern, Paoli, and Berwyn was 102.3% of the average list price, which is 1.2% lower than at this time last year.

This month, the average number of days on market was 24, higher than the average last year, which was 12. This increase was impacted by the limited number of sales.





FOCUS ON: MALVERN, PAOLI, AND BERWYN HOUSING MARKET			MARCH 2025

Zip Code(s): 19355, 19301, 19312 and 19333
Units Sold 36	Active Inventory 73	Median Sale Price $767,416	Days On Market 24

Up 3% Vs. Year Ago	Down -9% Vs. Year Ago	Up 6% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 36 sold this month in Malvern, Paoli, and Berwyn Real Estate versus 28 last month, an increase of 29%. This month's total units sold was higher than at this time last year, an increase of 3% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 7 units or 9%. The total number of active inventory this March was 73 compared to 80 in March 2024. This month's total of 73 is higher than the previous month's total supply of available inventory of 69, an increase of 6%.
		Median Sale Price Last March, the median sale price for Malvern, Paoli, and Berwyn Homes was $725,000. This March, the median sale price was $767,416, an increase of 6% or $42,416 compared to last year. The current median sold price is 1% 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.



New Listings 91	Current Contracts 70	Sold Vs. List Price 102.3%	Months of Supply 2.0

Up 25% Vs. Year Ago	Up 35% Vs. Year Ago	Down -1.2% Vs. Year Ago	Down -11% Vs. Year Ago


		Months of Supply In March, there was 2.0 months of supply available in Malvern, Paoli, and Berwyn, compared to 2.3 in March 2024. That is a decrease of 11% 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 91 homes newly listed for sale in Malvern, Paoli, and Berwyn compared to 73 in March 2024, an increase of 25%. There were 70 current contracts pending sale this March compared to 52 a year ago. The number of current contracts is 35% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Malvern, Paoli, and Berwyn was 102.3% of the average list price, which is 1.2% lower than at this time last year. Days on Market This month, the average number of days on market was 24, higher than the average last year, which was 12. This increase was impacted by the limited number of sales.


	Malvern, Paoli, and Berwyn are defined as properties listed in zip code/s 19335, 19301, 19312 and 19333.
	*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.