NEW FREEDOM, GLEN ROCK, AND SEVEN VALLEYS HOUSING MARKET DATA

There was a decrease in total units sold in August, with 26 sold this month in New Freedom, Glen Rock, and Seven Valleys Real Estate versus 27 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 13% versus August 2024.

Versus last year, the total number of homes available this month is lower by 10 units or 16%. The total number of active inventory this August was 51 compared to 61 in August 2024. This month's total of 51 is lower than the previous month's total supply of available inventory of 55, a decrease of 7%.

Last August, the median sale price for New Freedom, Glen Rock, and Seven Valleys Homes was $320,000. This August, the median sale price was approximately the same at $390,500. The current median sold price is 22% higher than in August 2024.

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 2.0 months of supply available in New Freedom, Glen Rock, and Seven Valleys, compared to 2.7 in August 2024. That is a decrease of 26% 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 28 homes newly listed for sale in New Freedom, Glen Rock, and Seven Valleys compared to 36 in August 2024, a decrease of 22%. There were 28 current contracts pending sale this August compared to 23 a year ago. The number of current contracts is 22% higher than last August.

In August, the average sale price in New Freedom, Glen Rock, and Seven Valleys was 102.0% of the average list price, which is 2.4% higher than at this time last year.

This month, the average number of days on market was 19, lower than the average last year, which was 21, a decrease of 10%.





FOCUS ON: NEW FREEDOM, GLEN ROCK, AND SEVEN VALLEYS HOUSING MARKET			AUGUST 2025

Zip Code(s): 17349, 17327, 17360, 17361, 17342 and 17355
Units Sold 26	Active Inventory 51	Median Sale Price $390,500	Days On Market 19

Up 13% Vs. Year Ago	Down -16% Vs. Year Ago	Up 22% Vs. Year Ago	Down -10% Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 26 sold this month in New Freedom, Glen Rock, and Seven Valleys Real Estate versus 27 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 13% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 10 units or 16%. The total number of active inventory this August was 51 compared to 61 in August 2024. This month's total of 51 is lower than the previous month's total supply of available inventory of 55, a decrease of 7%.
		Median Sale Price Last August, the median sale price for New Freedom, Glen Rock, and Seven Valleys Homes was $320,000. This August, the median sale price was approximately the same at $390,500. The current median sold price is 22% higher than in August 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 28	Current Contracts 28	Sold Vs. List Price 102.0%	Months of Supply 2.0

Down -22% Vs. Year Ago	Up 22% Vs. Year Ago	Up 2.4% Vs. Year Ago	Down -26% Vs. Year Ago


		Months of Supply In August, there was 2.0 months of supply available in New Freedom, Glen Rock, and Seven Valleys, compared to 2.7 in August 2024. That is a decrease of 26% 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 28 homes newly listed for sale in New Freedom, Glen Rock, and Seven Valleys compared to 36 in August 2024, a decrease of 22%. There were 28 current contracts pending sale this August compared to 23 a year ago. The number of current contracts is 22% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in New Freedom, Glen Rock, and Seven Valleys was 102.0% of the average list price, which is 2.4% higher than at this time last year. Days on Market This month, the average number of days on market was 19, lower than the average last year, which was 21, a decrease of 10%.


	New Freedom, Glen Rock, and Seven Valleys are defined as properties listed in zip code/s 17349, 17327, 17360, 17361, 17342 and 17355.
	*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.