The Long & Foster Market Minute

FOCUS ON: SOUDERTON, TELFORD, AND HATFIELD HOUSING MARKET AUGUST 2025

Zip Code(s): 18969, 18964, 19440 and 18915
Units Sold
45
Active Inventory
49
Median Sale Price
$475,000
Days On Market
22
Up 10%
Vs. Year Ago
Down -8%
Vs. Year Ago
Down -2%
Vs. Year Ago
Up 38%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in August, with 45 sold this month in Souderton, Telford, and Hatfield Real Estate versus 60 last month, a decrease of 25%. This month's total units sold was higher than at this time last year, an increase of 10% versus August 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 4 units or 8%. The total number of active inventory this August was 49 compared to 53 in August 2024. This month's total of 49 is lower than the previous month's total supply of available inventory of 56, a decrease of 13%.

Median Sale Price
Last August, the median sale price for Souderton, Telford, and Hatfield Homes was $485,000. This August, the median sale price was $475,000, a decrease of 2% or $10,000 compared to last year. The current median sold price is 10% higher than in July.

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


New Listings
42
Current Contracts
40
Sold Vs. List Price
101.4%
Months of Supply
1.1
Down -13%
Vs. Year Ago
Down -9%
Vs. Year Ago
Up 0.6%
Vs. Year Ago
Down -16%
Vs. Year Ago

Months of Supply
In August, there was 1.1 months of supply available in Souderton, Telford, and Hatfield, compared to 1.3 in August 2024. That is a decrease of 16% 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 42 homes newly listed for sale in Souderton, Telford, and Hatfield compared to 48 in August 2024, a decrease of 13%. There were 40 current contracts pending sale this August compared to 44 a year ago. The number of current contracts is 9% lower than last August.

Sale Price to List Price Ratio
In August, the average sale price in Souderton, Telford, and Hatfield was 101.4% of the average list price, which is 0.6% higher than at this time last year.

Days on Market
This month, the average number of days on market was 22, higher than the average last year, which was 16, an increase of 38%.

The Long & Foster Market Minute Souderton, Telford, and Hatfield are defined as properties listed in zip code/s 18969, 18964, 19940 and 18915.
*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.
REALTOR, Equal Opportunity HousingInformation 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.