PHOENIXVILLE HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in March, with 32 sold this month in Phoenixville Real Estate. This month's total units sold was lower than at this time last year, a decrease from March 2024.

Versus last year, the total number of homes available this month is higher by 15 units or 38%. The total number of active inventory this March was 54 compared to 39 in March 2024. This month's total of 54 is higher than the previous month's total supply of available inventory of 53, an increase of 2%.

Last March, the median sale price for Phoenixville Homes was $405,000. This March, the median sale price was $487,900, an increase of 20% or $82,900 compared to last year. The current median sold price is 9% lower than in February.

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

In March, there was 1.7 months of supply available in Phoenixville, compared to 1.1 in March 2024. That is an increase of 51% 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 49 homes newly listed for sale in Phoenixville compared to 51 in March 2024, a decrease of 4%. There were 43 current contracts pending sale this March compared to 54 a year ago. The number of current contracts is 20% lower than last March.

In March, the average sale price in Phoenixville was 100.5% of the average list price, which is 1.5% lower than at this time last year.

This month, the average number of days on market was 41, higher than the average last year, which was 19. This increase was impacted by the limited number of sales.





FOCUS ON: PHOENIXVILLE HOUSING MARKET			MARCH 2025

Zip Code(s): 19460, 19480 and 19442
Units Sold 32	Active Inventory 54	Median Sale Price $487,900	Days On Market 41

Down Vs. Year Ago	Up 38% Vs. Year Ago	Up 20% Vs. Year Ago	Up Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in March, with 32 sold this month in Phoenixville Real Estate. This month's total units sold was lower than at this time last year, a decrease from March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 15 units or 38%. The total number of active inventory this March was 54 compared to 39 in March 2024. This month's total of 54 is higher than the previous month's total supply of available inventory of 53, an increase of 2%.
		Median Sale Price Last March, the median sale price for Phoenixville Homes was $405,000. This March, the median sale price was $487,900, an increase of 20% or $82,900 compared to last year. The current median sold price is 9% lower than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 49	Current Contracts 43	Sold Vs. List Price 100.5%	Months of Supply 1.7

Down -4% Vs. Year Ago	Down -20% Vs. Year Ago	Down -1.4% Vs. Year Ago	Up 52% Vs. Year Ago


		Months of Supply In March, there was 1.7 months of supply available in Phoenixville, compared to 1.1 in March 2024. That is an increase of 51% 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 49 homes newly listed for sale in Phoenixville compared to 51 in March 2024, a decrease of 4%. There were 43 current contracts pending sale this March compared to 54 a year ago. The number of current contracts is 20% lower than last March.
		Sale Price to List Price Ratio In March, the average sale price in Phoenixville was 100.5% of the average list price, which is 1.5% lower than at this time last year. Days on Market This month, the average number of days on market was 41, higher than the average last year, which was 19. This increase was impacted by the limited number of sales.


	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.