The Long & Foster Market Minute

FOCUS ON: NEWTOWN SQUARE AND GLEN MILLS HOUSING MARKET JUNE 2025

Zip Code(s): 19073 and 19342
Units Sold
38
Active Inventory
87
Median Sale Price
$713,500
Days On Market
17
Down -19%
Vs. Year Ago
Down -17%
Vs. Year Ago
Up 1%
Vs. Year Ago
Down -19%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 38 sold this month in Newtown Square and Glen Mills Real Estate versus 54 last month, a decrease of 30%. This month's total units sold was lower than at this time last year, a decrease of 19% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 18 units or 17%. The total number of active inventory this June was 87 compared to 105 in June 2024. This month's total of 87 is higher than the previous month's total supply of available inventory of 86, an increase of 1%.

Median Sale Price
Last June, the median sale price for Newtown Square and Glen Mills Homes was $703,000. This June, the median sale price was $713,500, an increase of 1% or $10,500 compared to last year. The current median sold price is 2% 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
47
Current Contracts
38
Sold Vs. List Price
101.2%
Months of Supply
2.3
Down -27%
Vs. Year Ago
Down -45%
Vs. Year Ago
No Change
Vs. Year Ago
No Change
Vs. Year Ago

Months of Supply
In June, there was 2.3 months of supply available in Newtown Square and Glen Mills. 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 47 homes newly listed for sale in Newtown Square and Glen Mills compared to 64 in June 2024, a decrease of 27%. There were 38 current contracts pending sale this June compared to 69 a year ago. The number of current contracts is 45% lower than last June.

Sale Price to List Price Ratio
In June, the average sale price in Newtown Square and Glen Mills was 101.2% 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 17, lower than the average last year, which was 21, a decrease of 19%.

The Long & Foster Market Minute Newtown Square and Glen Mills are defined as properties listed in zip code/s 19073 and 19342.
*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.