The Long & Foster Market Minute

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

Zip Code(s): 17349, 17327, 17360, 17361, 17342 and 17355
Units Sold
29
Active Inventory
53
Median Sale Price
$390,000
Days On Market
20
Down -3%
Vs. Year Ago
Up 15%
Vs. Year Ago
Up 11%
Vs. Year Ago
Up 5%
Vs. Year Ago

Units Sold
There was an increase in total units sold in September, with 29 sold this month in New Freedom, Glen Rock, and Seven Valleys Real Estate versus 26 last month, an increase of 12%. This month's total units sold was lower than at this time last year, a decrease of 3% versus September 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 7 units or 15%. The total number of active inventory this September was 53 compared to 46 in September 2024. This month's total of 53 is lower than the previous month's total supply of available inventory of 54, a decrease of 2%.

Median Sale Price
Last September, the median sale price for New Freedom, Glen Rock, and Seven Valleys Homes was $350,000. This September, the median sale price was approximately the same at $390,000. The current median sold price is 11% higher than in September 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
27
Current Contracts
27
Sold Vs. List Price
100.0%
Months of Supply
1.8
Down -7%
Vs. Year Ago
Down -27%
Vs. Year Ago
Up 0.8%
Vs. Year Ago
Up 20%
Vs. Year Ago

Months of Supply
In September, there was 1.8 months of supply available in New Freedom, Glen Rock, and Seven Valleys, compared to 1.5 in September 2024. That is an increase of 19% 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 27 homes newly listed for sale in New Freedom, Glen Rock, and Seven Valleys compared to 29 in September 2024, a decrease of 7%. There were 27 current contracts pending sale this September compared to 37 a year ago. The number of current contracts remained stable as compared to last September.

Sale Price to List Price Ratio
In September, the average sale price in New Freedom, Glen Rock, and Seven Valleys was 100.0% of the average list price, which is 0.8% higher than at this time last year.

Days on Market
This month, the average number of days on market was 20, higher than the average last year, which was 19, an increase of 5%.

The Long & Foster Market Minute 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.
REALTOR, Equal Opportunity HousingInformation 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.