NORRISTOWN, AUDUBON, AND EAGLEVILLE HOUSING MARKET DATA

There was an increase in total units sold in July, with 33 sold this month in Norristown, Audubon, and Eagleville Real Estate versus 28 last month, an increase of 18%. This month's total units sold was higher than at this time last year, an increase of 3% versus July 2024.

Versus last year, the total number of homes available this month is lower by 2 units or 4%. The total number of active inventory this July was 55 compared to 57 in July 2024. This month's total of 55 is lower than the previous month's total supply of available inventory of 61, a decrease of 10%.

Last July, the median sale price for Norristown, Audubon, and Eagleville Homes was $312,450. This July, the median sale price was $300,000, a decrease of 4% or $12,450 compared to last year. The current median sold price is 4% lower than in June.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In July, there was 1.7 months of supply available in Norristown, Audubon, and Eagleville, compared to 1.8 in July 2024. That is a decrease of 6% 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 44 homes newly listed for sale in Norristown, Audubon, and Eagleville compared to 30 in July 2024, an increase of 47%. There were 38 current contracts pending sale this July compared to 17 a year ago. The number of current contracts is 124% higher than last July.

In July, the average sale price in Norristown, Audubon, and Eagleville was 98.3% of the average list price, which is 0.7% lower than at this time last year.

This month, the average number of days on market was 27, higher than the average last year, which was 22, an increase of 23%.





FOCUS ON: NORRISTOWN, AUDUBON, AND EAGLEVILLE HOUSING MARKET			JULY 2025

Zip Code(s): 19401
Units Sold 33	Active Inventory 55	Median Sale Price $300,000	Days On Market 27

Up 3% Vs. Year Ago	Down -4% Vs. Year Ago	Down -4% Vs. Year Ago	Up 23% Vs. Year Ago


		Units Sold There was an increase in total units sold in July, with 33 sold this month in Norristown, Audubon, and Eagleville Real Estate versus 28 last month, an increase of 18%. This month's total units sold was higher than at this time last year, an increase of 3% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 2 units or 4%. The total number of active inventory this July was 55 compared to 57 in July 2024. This month's total of 55 is lower than the previous month's total supply of available inventory of 61, a decrease of 10%.
		Median Sale Price Last July, the median sale price for Norristown, Audubon, and Eagleville Homes was $312,450. This July, the median sale price was $300,000, a decrease of 4% or $12,450 compared to last year. The current median sold price is 4% lower than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 44	Current Contracts 38	Sold Vs. List Price 98.3%	Months of Supply 1.7

Up 47% Vs. Year Ago	Up 124% Vs. Year Ago	Down -0.7% Vs. Year Ago	Down -6% Vs. Year Ago


		Months of Supply In July, there was 1.7 months of supply available in Norristown, Audubon, and Eagleville, compared to 1.8 in July 2024. That is a decrease of 6% 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 44 homes newly listed for sale in Norristown, Audubon, and Eagleville compared to 30 in July 2024, an increase of 47%. There were 38 current contracts pending sale this July compared to 17 a year ago. The number of current contracts is 124% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Norristown, Audubon, and Eagleville was 98.3% of the average list price, which is 0.7% lower than at this time last year. Days on Market This month, the average number of days on market was 27, higher than the average last year, which was 22, an increase of 23%.


	Norristown, Audubon, and Eagleville are defined as properties listed in zip code/s 19401.
	*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.