MEDIA HOUSING MARKET DATA

There was an increase in total units sold in May, with 33 sold this month in Media Real Estate versus 25 last month, an increase of 32%. This month's total units sold was lower than at this time last year, a decrease of 21% versus May 2024.

Versus last year, the total number of homes available this month is lower by 19 units or 29%. The total number of active inventory this May was 47 compared to 66 in May 2024. This month's total of 47 is lower than the previous month's total supply of available inventory of 53, a decrease of 11%.

Last May, the median sale price for Media Homes was $575,000. This May, the median sale price was $620,000, an increase of 8% or $45,000 compared to last year. The current median sold price is 3% higher 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.

In May, there was 1.4 months of supply available in Media, compared to 1.6 in May 2024. That is a decrease of 9% 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 55 homes newly listed for sale in Media compared to 61 in May 2024, a decrease of 10%. There were 50 current contracts pending sale this May compared to 46 a year ago. The number of current contracts is 9% higher than last May.

In May, the average sale price in Media was 103.8% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 15, higher than the average last year, which was 9. This increase was impacted by the limited number of sales.





FOCUS ON: MEDIA HOUSING MARKET			MAY 2025

Zip Code(s): 19063 and 19065
Units Sold 33	Active Inventory 47	Median Sale Price $620,000	Days On Market 15

Down -21% Vs. Year Ago	Down -29% Vs. Year Ago	Up 8% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 33 sold this month in Media Real Estate versus 25 last month, an increase of 32%. This month's total units sold was lower than at this time last year, a decrease of 21% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 19 units or 29%. The total number of active inventory this May was 47 compared to 66 in May 2024. This month's total of 47 is lower than the previous month's total supply of available inventory of 53, a decrease of 11%.
		Median Sale Price Last May, the median sale price for Media Homes was $575,000. This May, the median sale price was $620,000, an increase of 8% or $45,000 compared to last year. The current median sold price is 3% higher 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.



New Listings 55	Current Contracts 50	Sold Vs. List Price 103.8%	Months of Supply 1.4

Down -10% Vs. Year Ago	Up 9% Vs. Year Ago	No Change Vs. Year Ago	Down -10% Vs. Year Ago


		Months of Supply In May, there was 1.4 months of supply available in Media, compared to 1.6 in May 2024. That is a decrease of 9% 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 55 homes newly listed for sale in Media compared to 61 in May 2024, a decrease of 10%. There were 50 current contracts pending sale this May compared to 46 a year ago. The number of current contracts is 9% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Media was 103.8% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 15, higher than the average last year, which was 9. This increase was impacted by the limited number of sales.


	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.