MORRIS PARK AND WYNNEFIELD HOUSING MARKET DATA

There was a decrease in total units sold in June, with 46 sold this month in Morris Park and Wynnefield Real Estate versus 51 last month, a decrease of 10%. This month's total units sold was higher than at this time last year, an increase of 28% versus June 2024.

Versus last year, the total number of homes available this month is lower by 10 units or 6%. The total number of active inventory this June was 146 compared to 156 in June 2024. This month's total of 146 is lower than the previous month's total supply of available inventory of 175, a decrease of 17%.

Last June, the median sale price for Morris Park and Wynnefield Homes was $167,500. This June, the median sale price was $229,000, an increase of $61,500 compared to last year. The current median sold price is lower than in May.

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

In June, there was 3.2 months of supply available in Morris Park and Wynnefield, compared to 4.3 in June 2024. That is a decrease of 27% 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 52 homes newly listed for sale in Morris Park and Wynnefield compared to 61 in June 2024, a decrease of 15%. There were 52 current contracts pending sale this June compared to 44 a year ago. The number of current contracts is 18% higher than last June.

In June, the average sale price in Morris Park and Wynnefield was 99.1% of the average list price, which is 1.3% lower than at this time last year.

This month, the average number of days on market was 50, higher than the average last year, which was 46, an increase of 9%.





FOCUS ON: MORRIS PARK AND WYNNEFIELD HOUSING MARKET			JUNE 2025

Zip Code(s): 19151 and 19131
Units Sold 46	Active Inventory 146	Median Sale Price $229,000	Days On Market 50

Up 28% Vs. Year Ago	Down -6% Vs. Year Ago	Up Vs. Year Ago	Up 9% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 46 sold this month in Morris Park and Wynnefield Real Estate versus 51 last month, a decrease of 10%. This month's total units sold was higher than at this time last year, an increase of 28% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 10 units or 6%. The total number of active inventory this June was 146 compared to 156 in June 2024. This month's total of 146 is lower than the previous month's total supply of available inventory of 175, a decrease of 17%.
		Median Sale Price Last June, the median sale price for Morris Park and Wynnefield Homes was $167,500. This June, the median sale price was $229,000, an increase of $61,500 compared to last year. The current median sold price is lower than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 52	Current Contracts 52	Sold Vs. List Price 99.1%	Months of Supply 3.2

Down -15% Vs. Year Ago	Up 18% Vs. Year Ago	Down -1.3% Vs. Year Ago	Down -27% Vs. Year Ago


		Months of Supply In June, there was 3.2 months of supply available in Morris Park and Wynnefield, compared to 4.3 in June 2024. That is a decrease of 27% 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 52 homes newly listed for sale in Morris Park and Wynnefield compared to 61 in June 2024, a decrease of 15%. There were 52 current contracts pending sale this June compared to 44 a year ago. The number of current contracts is 18% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Morris Park and Wynnefield was 99.1% of the average list price, which is 1.3% lower than at this time last year. Days on Market This month, the average number of days on market was 50, higher than the average last year, which was 46, an increase of 9%.


	Morris Park and Wynnefield are defined as properties listed in zip code/s 19151 and 19131.
	*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.