Phoenixville Housing Market Data

There was an increase in total units sold in June, with 83 sold this month in Phoenixville Real Estate. This month's total units sold was higher than at this time last year.

Versus last year, the total number of homes available this month is lower by 14 units or 21%. The total number of active inventory this June was 53 compared to 67 in June 2020. This month's supply remained stable as compared to last month.

Last June, the median sale price for Phoenixville Homes was $322,625. This June, the median sale price was $362,100, an increase of 12% or $39,475 compared to last year. The current median sold price is 3% higher 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 0.6 months of supply available in Phoenixville, compared to 1.6 in June 2020. That is a decrease of 61% 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 103 homes newly listed for sale in Phoenixville compared to 72 in June 2020, an increase of 43%. There were 91 current contracts pending sale this June compared to 81 a year ago. The number of current contracts is 12% higher than last June.

In June, the average sale price in Phoenixville was 103.1% of the average list price, which is higher than at this time last year.

This month, the average number of days on market was 8, lower than the average last year, which was 37, a decrease of 78%.





Focus On: Phoenixville Housing Market			June 2021

Zip Code(s): 19460, 19480 and 19442
Units Sold 83	Active Inventory 53	Median Sale Price $362,100	Days On Market 8

Up Vs. Year Ago	Down -21% Vs. Year Ago	Up 12% Vs. Year Ago	Down -78% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 83 sold this month in Phoenixville Real Estate. This month's total units sold was higher than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is lower by 14 units or 21%. The total number of active inventory this June was 53 compared to 67 in June 2020. This month's supply remained stable as compared to last month.
		Median Sale Price Last June, the median sale price for Phoenixville Homes was $322,625. This June, the median sale price was $362,100, an increase of 12% or $39,475 compared to last year. The current median sold price is 3% higher 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 103	Current Contracts 91	Sold Vs. List Price 103.1%	Months of Supply 0.6

Up 43% Vs. Year Ago	Up 12% Vs. Year Ago	Up Vs. Year Ago	Down -61% Vs. Year Ago


		Months of Supply In June, there was 0.6 months of supply available in Phoenixville, compared to 1.6 in June 2020. That is a decrease of 61% 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 103 homes newly listed for sale in Phoenixville compared to 72 in June 2020, an increase of 43%. There were 91 current contracts pending sale this June compared to 81 a year ago. The number of current contracts is 12% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Phoenixville was 103.1% of the average list price, which is higher than at this time last year. Days on Market This month, the average number of days on market was 8, lower than the average last year, which was 37, a decrease of 78%.


	Phoenixville are defined as properties listed in zip code/s 19460, 19480 and 19442.
	*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.