SOUDERTON, TELFORD, AND HATFIELD HOUSING MARKET DATA

There was an increase in total units sold in May, with 44 sold this month in Souderton, Telford, and Hatfield Real Estate versus 37 last month, an increase of 19%. This month's total units sold was lower than at this time last year, a decrease of 21% versus May 2024.

Versus last year, the total number of homes available this month is higher by 22 units or 47%. The total number of active inventory this May was 69 compared to 47 in May 2024. This month's total of 69 is higher than the previous month's total supply of available inventory of 66, an increase of 5%.

Last May, the median sale price for Souderton, Telford, and Hatfield Homes was $440,000. This May, the median sale price was $462,500, an increase of 5% or $22,500 compared to last year. The current median sold price is 9% 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 Souderton, Telford, and Hatfield, compared to 0.8 in May 2024. That is an increase of 87% 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 60 homes newly listed for sale in Souderton, Telford, and Hatfield compared to 54 in May 2024, an increase of 11%. There were 54 current contracts pending sale this May compared to 44 a year ago. The number of current contracts is 23% higher than last May.

In May, the average sale price in Souderton, Telford, and Hatfield was 101.7% of the average list price, which is 1.2% lower than at this time last year.

This month, the average number of days on market was 18, lower than the average last year, which was 24, a decrease of 25%.





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

Zip Code(s): 18969, 18964, 19440 and 18915
Units Sold 44	Active Inventory 69	Median Sale Price $462,500	Days On Market 18

Down -21% Vs. Year Ago	Up 47% Vs. Year Ago	Up 5% Vs. Year Ago	Down -25% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 44 sold this month in Souderton, Telford, and Hatfield Real Estate versus 37 last month, an increase of 19%. This month's total units sold was lower than at this time last year, a decrease of 21% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 22 units or 47%. The total number of active inventory this May was 69 compared to 47 in May 2024. This month's total of 69 is higher than the previous month's total supply of available inventory of 66, an increase of 5%.
		Median Sale Price Last May, the median sale price for Souderton, Telford, and Hatfield Homes was $440,000. This May, the median sale price was $462,500, an increase of 5% or $22,500 compared to last year. The current median sold price is 9% 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 60	Current Contracts 54	Sold Vs. List Price 101.7%	Months of Supply 1.6

Up 11% Vs. Year Ago	Up 23% Vs. Year Ago	Down -1.2% Vs. Year Ago	Up 87% Vs. Year Ago


		Months of Supply In May, there was 1.6 months of supply available in Souderton, Telford, and Hatfield, compared to 0.8 in May 2024. That is an increase of 87% 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 60 homes newly listed for sale in Souderton, Telford, and Hatfield compared to 54 in May 2024, an increase of 11%. There were 54 current contracts pending sale this May compared to 44 a year ago. The number of current contracts is 23% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Souderton, Telford, and Hatfield was 101.7% of the average list price, which is 1.2% lower than at this time last year. Days on Market This month, the average number of days on market was 18, lower than the average last year, which was 24, a decrease of 25%.


	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.
	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.