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| FOCUS ON: MEDIA HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 19063 and 19065 |
Units Sold
25 |
Active Inventory
63 |
Median Sale Price
$568,500 |
Days On Market
40 |
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Down
Vs. Year Ago |
Up 29%
Vs. Year Ago |
Down -14%
Vs. Year Ago |
Up 38%
Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in September, with 25 sold this month in Media Real Estate. This month's total units sold was lower than at this time last year, a decrease from September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 14 units or 29%. The total number of active inventory this September was 63 compared to 49 in September 2024. This month's total of 63 is higher than the previous month's total supply of available inventory of 56, an increase of 13%.
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Median Sale Price
Last September, the median sale price for Media Homes was $663,000. This September, the median sale price was $568,500, a decrease of 14% or $94,500 compared to last year. The current median sold price is 14% lower than in August.
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
46 |
Current Contracts
34 |
Sold Vs. List Price
99.0% |
Months of Supply
2.5 |
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Up 64%
Vs. Year Ago |
Up 3%
Vs. Year Ago |
Down -2.2%
Vs. Year Ago |
Up 100%
Vs. Year Ago |
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Months of Supply
In September, there was 2.5 months of supply available in Media, compared to 1.3 in September 2024. That is an increase of 101% 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 46 homes newly listed for sale in Media compared to 28 in September 2024, an increase of 64%. There were 34 current contracts pending sale this September compared to 33 a year ago. The number of current contracts is 3% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Media was 99.0% of the average list price, which is 2.2% lower than at this time last year.
Days on Market
This month, the average number of days on market was 40, higher than the average last year, which was 29, an increase of 38%.
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Media are defined as properties listed in zip code/s 19063 and 19065. |
| *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. |