MALVERN, PAOLI, AND BERWYN HOUSING MARKET DATA

There was an increase in total units sold in April, with 63 sold this month in Malvern, Paoli, and Berwyn 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 lower by 17 units or 18%. The total number of active inventory this April was 76 compared to 93 in April 2024. This month's total of 76 is lower than the previous month's total supply of available inventory of 85, a decrease of 11%.

Last April, the median sale price for Malvern, Paoli, and Berwyn Homes was $775,000. This April, the median sale price was $779,000, an increase of 1% or $4,000 compared to last year. The current median sold price is 4% higher than in March.

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

In April, there was 1.2 months of supply available in Malvern, Paoli, and Berwyn, compared to 2.0 in April 2024. That is a decrease of 39% 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 77 homes newly listed for sale in Malvern, Paoli, and Berwyn compared to 90 in April 2024, a decrease of 14%. There were 76 current contracts pending sale this April compared to 70 a year ago. The number of current contracts is 9% higher than last April.

In April, the average sale price in Malvern, Paoli, and Berwyn was 105.0% of the average list price, which is 2.6% higher than at this time last year.

This month, the average number of days on market was 21, lower than the average last year, which was 27, a decrease of 22%.





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

Zip Code(s): 19355, 19301, 19312 and 19333
Units Sold 63	Active Inventory 76	Median Sale Price $779,000	Days On Market 21

Up 34% Vs. Year Ago	Down -18% Vs. Year Ago	Up 1% Vs. Year Ago	Down -22% Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 63 sold this month in Malvern, Paoli, and Berwyn 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 lower by 17 units or 18%. The total number of active inventory this April was 76 compared to 93 in April 2024. This month's total of 76 is lower than the previous month's total supply of available inventory of 85, a decrease of 11%.
		Median Sale Price Last April, the median sale price for Malvern, Paoli, and Berwyn Homes was $775,000. This April, the median sale price was $779,000, an increase of 1% or $4,000 compared to last year. The current median sold price is 4% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 77	Current Contracts 76	Sold Vs. List Price 105.0%	Months of Supply 1.2

Down -14% Vs. Year Ago	Up 9% Vs. Year Ago	Up 2.6% Vs. Year Ago	Down -39% Vs. Year Ago


		Months of Supply In April, there was 1.2 months of supply available in Malvern, Paoli, and Berwyn, compared to 2.0 in April 2024. That is a decrease of 39% 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 77 homes newly listed for sale in Malvern, Paoli, and Berwyn compared to 90 in April 2024, a decrease of 14%. There were 76 current contracts pending sale this April compared to 70 a year ago. The number of current contracts is 9% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Malvern, Paoli, and Berwyn was 105.0% of the average list price, which is 2.6% higher than at this time last year. Days on Market This month, the average number of days on market was 21, lower than the average last year, which was 27, a decrease of 22%.


	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.