UNIVERSITY CITY, WEST PHILADELPHIA, AND OVERBROOK PARK HOUSING MARKET DATA

There was an increase in total units sold in June, with 152 sold this month in University City, West Philadelphia, and Overbrook Park Real Estate versus 143 last month, an increase of 6%. This month's total units sold was higher than at this time last year, an increase of 29% versus June 2024.

Versus last year, the total number of homes available this month is lower by 35 units or 6%. The total number of active inventory this June was 544 compared to 579 in June 2024. This month's total of 544 is lower than the previous month's total supply of available inventory of 585, a decrease of 7%.

Last June, the median sale price for University City, West Philadelphia, and Overbrook Park Homes was $190,000. This June, the median sale price was $194,000, an increase of 2% or $4,000 compared to last year. The current median sold price is 12% lower 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 3.6 months of supply available in University City, West Philadelphia, and Overbrook Park, compared to 4.9 in June 2024. That is a decrease of 27% 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 206 homes newly listed for sale in University City, West Philadelphia, and Overbrook Park compared to 218 in June 2024, a decrease of 6%. There were 142 current contracts pending sale this June compared to 139 a year ago. The number of current contracts is 2% higher than last June.

In June, the average sale price in University City, West Philadelphia, and Overbrook Park was 98.5% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 55, higher than the average last year, which was 49, an increase of 12%.





FOCUS ON: UNIVERSITY CITY, WEST PHILADELPHIA, AND OVERBROOK PARK HOUSING MARKET			JUNE 2025

Zip Code(s): 19151, 19131, 19139, 19104 and 19143
Units Sold 152	Active Inventory 544	Median Sale Price $194,000	Days On Market 55

Up 29% Vs. Year Ago	Down -6% Vs. Year Ago	Up 2% Vs. Year Ago	Up 12% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 152 sold this month in University City, West Philadelphia, and Overbrook Park Real Estate versus 143 last month, an increase of 6%. This month's total units sold was higher than at this time last year, an increase of 29% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 35 units or 6%. The total number of active inventory this June was 544 compared to 579 in June 2024. This month's total of 544 is lower than the previous month's total supply of available inventory of 585, a decrease of 7%.
		Median Sale Price Last June, the median sale price for University City, West Philadelphia, and Overbrook Park Homes was $190,000. This June, the median sale price was $194,000, an increase of 2% or $4,000 compared to last year. The current median sold price is 12% lower 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 206	Current Contracts 142	Sold Vs. List Price 98.5%	Months of Supply 3.6

Down -6% Vs. Year Ago	Up 2% Vs. Year Ago	No Change Vs. Year Ago	Down -27% Vs. Year Ago


		Months of Supply In June, there was 3.6 months of supply available in University City, West Philadelphia, and Overbrook Park, compared to 4.9 in June 2024. That is a decrease of 27% 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 206 homes newly listed for sale in University City, West Philadelphia, and Overbrook Park compared to 218 in June 2024, a decrease of 6%. There were 142 current contracts pending sale this June compared to 139 a year ago. The number of current contracts is 2% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in University City, West Philadelphia, and Overbrook Park was 98.5% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 55, higher than the average last year, which was 49, an increase of 12%.


	University City, West Philadelphia, and Overbrook Park are defined as properties listed in zip code/s 19151, 19131, 19139, 19104 and 19143.
	*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.