 |
|||
 |
|||
| | |||
| Focus On: Northampton County Housing Market | September 2021 | ||
| | |||
| Units Sold 392 |
Active Inventory 450 |
Median Sale Price $265,000 |
Days On Market 16 |
|
|
|
|
|
| Down -17% Vs. Year Ago |
Down -43% Vs. Year Ago |
Up 12% Vs. Year Ago |
Down -24% Vs. Year Ago |
| | |||
Units Sold
There was a decrease in total units sold in September, with 392 sold this month in Northampton County Real Estate versus 420 last month, a decrease of 7%. This month's total units sold was lower than at this time last year, a decrease of 17% versus September 2020. |
|||
Active Inventory
Versus last year, the total number of homes available this month is lower by 336 units or 43%. The total number of active inventory this September was 450 compared to 786 in September 2020. This month's total of 450 is lower than the previous month's total supply of available inventory of 509, a decrease of 12%. |
|||
Median Sale Price
Last September, the median sale price for Northampton County Homes was $237,250. This September, the median sale price was $265,000, an increase of 12% or $27,750 compared to last year. The current median sold price is 5% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
|||
| | |||
| New Listings 426 |
Current Contracts 386 |
Sold Vs. List Price 101.4% |
Months of Supply 1.1 |
|
|
|
|
|
| Down -27% Vs. Year Ago |
Down -12% Vs. Year Ago |
Up 1.9% Vs. Year Ago |
Down -31% Vs. Year Ago |
| | |||
Months of Supply
In September, there was 1.1 months of supply available in Northampton County, compared to 1.7 in September 2020. That is a decrease of 31% 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 426 homes newly listed for sale in Northampton County compared to 580 in September 2020, a decrease of 27%. There were 386 current contracts pending sale this September compared to 438 a year ago. The number of current contracts is 12% lower than last September. |
|||
Sale Price to List Price Ratio
In September, the average sale price in Northampton County was 101.4% of the average list price, which is 1.9% higher than at this time last year. Days on Market
This month, the average number of days on market was 16, lower than the average last year, which was 21, a decrease of 24%. | |||
 |
|||
| *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 GLVR 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 GLVR or Long & Foster Real Estate, Inc. |
|||