PHOENIXVILLE HOUSING MARKET DATA

There was an increase in total units sold in May, with 48 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 higher by 9 units or 13%. The total number of active inventory this May was 76 compared to 67 in May 2024. This month's total of 76 is lower than the previous month's total supply of available inventory of 80, a decrease of 5%.

Last May, the median sale price for Phoenixville Homes was $466,000. This May, the median sale price was $500,000, an increase of 7% or $34,000 compared to last year. The current median sold price is 5% higher than in April.

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

In May, there was 1.6 months of supply available in Phoenixville. 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 59 homes newly listed for sale in Phoenixville compared to 71 in May 2024, a decrease of 17%. There were 61 current contracts pending sale this May compared to 49 a year ago. The number of current contracts remained stable as compared to last May.

In May, the average sale price in Phoenixville was 102.0% of the average list price, which is 0.8% lower than at this time last year.

This month, the average number of days on market was 17, higher than the average last year, which was 11, an increase of 55%.





FOCUS ON: PHOENIXVILLE HOUSING MARKET			MAY 2025

Zip Code(s): 19460, 19480 and 19442
Units Sold 48	Active Inventory 76	Median Sale Price $500,000	Days On Market 17

Up 17% Vs. Year Ago	Up 13% Vs. Year Ago	Up 7% Vs. Year Ago	Up 55% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 48 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 higher by 9 units or 13%. The total number of active inventory this May was 76 compared to 67 in May 2024. This month's total of 76 is lower than the previous month's total supply of available inventory of 80, a decrease of 5%.
		Median Sale Price Last May, the median sale price for Phoenixville Homes was $466,000. This May, the median sale price was $500,000, an increase of 7% or $34,000 compared to last year. The current median sold price is 5% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 59	Current Contracts 61	Sold Vs. List Price 102.0%	Months of Supply 1.6

Down -17% Vs. Year Ago	Up 24% Vs. Year Ago	Down -0.8% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In May, there was 1.6 months of supply available in Phoenixville. 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 59 homes newly listed for sale in Phoenixville compared to 71 in May 2024, a decrease of 17%. There were 61 current contracts pending sale this May compared to 49 a year ago. The number of current contracts remained stable as compared to last May.
		Sale Price to List Price Ratio In May, the average sale price in Phoenixville was 102.0% of the average list price, which is 0.8% lower than at this time last year. Days on Market This month, the average number of days on market was 17, higher than the average last year, which was 11, an increase of 55%.


	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.