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

There was a decrease in total units sold in June, with 21 sold this month in New Freedom, Glen Rock, and Seven Valleys Real Estate versus 25 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 25% versus June 2024.

Versus last year, the total number of homes available this month is lower by 16 units or 27%. The total number of active inventory this June was 43 compared to 59 in June 2024. This month's total of 43 is lower than the previous month's total supply of available inventory of 59, a decrease of 27%.

Last June, the median sale price for New Freedom, Glen Rock, and Seven Valleys Homes was $350,000. This June, the median sale price was $359,900, an increase of 3% or $9,900 compared to last year. The current median sold price is 6% higher 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 2.0 months of supply available in New Freedom, Glen Rock, and Seven Valleys. 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 26 homes newly listed for sale in New Freedom, Glen Rock, and Seven Valleys compared to 37 in June 2024, a decrease of 30%. There were 37 current contracts pending sale this June compared to 30 a year ago. The number of current contracts is 23% higher than last June.

In June, the average sale price in New Freedom, Glen Rock, and Seven Valleys was 101.7% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 10, lower than the average last year, which was 12, a decrease of 17%.





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

Zip Code(s): 17349, 17327, 17360, 17361, 17342 and 17355
Units Sold 21	Active Inventory 43	Median Sale Price $359,900	Days On Market 10

Down -25% Vs. Year Ago	Down -27% Vs. Year Ago	Up 3% Vs. Year Ago	Down -17% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 21 sold this month in New Freedom, Glen Rock, and Seven Valleys Real Estate versus 25 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 25% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 16 units or 27%. The total number of active inventory this June was 43 compared to 59 in June 2024. This month's total of 43 is lower than the previous month's total supply of available inventory of 59, a decrease of 27%.
		Median Sale Price Last June, the median sale price for New Freedom, Glen Rock, and Seven Valleys Homes was $350,000. This June, the median sale price was $359,900, an increase of 3% or $9,900 compared to last year. The current median sold price is 6% higher 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 26	Current Contracts 37	Sold Vs. List Price 101.7%	Months of Supply 2.0

Down -30% Vs. Year Ago	Up 23% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In June, there was 2.0 months of supply available in New Freedom, Glen Rock, and Seven Valleys. 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 26 homes newly listed for sale in New Freedom, Glen Rock, and Seven Valleys compared to 37 in June 2024, a decrease of 30%. There were 37 current contracts pending sale this June compared to 30 a year ago. The number of current contracts is 23% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in New Freedom, Glen Rock, and Seven Valleys was 101.7% 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 10, lower than the average last year, which was 12, a decrease of 17%.


	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.