MORRIS PARK AND WYNNEFIELD HOUSING MARKET DATA

There was a decrease in total units sold in August, with 51 sold this month in Morris Park and Wynnefield Real Estate versus 53 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 4% versus August 2024.

Versus last year, the total number of homes available this month is higher by 7 units or 4%. The total number of active inventory this August was 193 compared to 186 in August 2024. This month's total of 193 is lower than the previous month's total supply of available inventory of 198, a decrease of 3%.

Last August, the median sale price for Morris Park and Wynnefield Homes was $211,000. This August, the median sale price was $230,000, an increase of 9% or $19,000 compared to last year. The current median sold price is 11% higher than in July.

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

In August, there was 3.8 months of supply available in Morris Park and Wynnefield. The amount of supply is similar compared to 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 73 homes newly listed for sale in Morris Park and Wynnefield compared to 78 in August 2024, a decrease of 6%. There were 48 current contracts pending sale this August compared to 45 a year ago. The number of current contracts is 7% higher than last August.

In August, the average sale price in Morris Park and Wynnefield was 99.6% of the average list price, which is 1.7% higher than at this time last year.

This month, the average number of days on market was 39, which is similar compared to a year ago.





FOCUS ON: MORRIS PARK AND WYNNEFIELD HOUSING MARKET			AUGUST 2025

Zip Code(s): 19151 and 19131
Units Sold 51	Active Inventory 193	Median Sale Price $230,000	Days On Market 39

Up 4% Vs. Year Ago	Up 4% Vs. Year Ago	Up 9% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 51 sold this month in Morris Park and Wynnefield Real Estate versus 53 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 4% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 7 units or 4%. The total number of active inventory this August was 193 compared to 186 in August 2024. This month's total of 193 is lower than the previous month's total supply of available inventory of 198, a decrease of 3%.
		Median Sale Price Last August, the median sale price for Morris Park and Wynnefield Homes was $211,000. This August, the median sale price was $230,000, an increase of 9% or $19,000 compared to last year. The current median sold price is 11% higher than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 73	Current Contracts 48	Sold Vs. List Price 99.6%	Months of Supply 3.8

Down -6% Vs. Year Ago	Up 7% Vs. Year Ago	Up 1.7% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In August, there was 3.8 months of supply available in Morris Park and Wynnefield. The amount of supply is similar compared to 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 73 homes newly listed for sale in Morris Park and Wynnefield compared to 78 in August 2024, a decrease of 6%. There were 48 current contracts pending sale this August compared to 45 a year ago. The number of current contracts is 7% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Morris Park and Wynnefield was 99.6% of the average list price, which is 1.7% higher than at this time last year. Days on Market This month, the average number of days on market was 39, which is similar compared to a year ago.


	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.