NEWTOWN SQUARE AND GLEN MILLS HOUSING MARKET DATA

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.

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%.

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.

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.

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.

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.

This month, the average number of days on market was 17, lower than the average last year, which was 21, a decrease of 19%.





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%.


	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.
	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.