The Long & Foster Market Minute

Focus On: Upper Darby Housing Market October 2021

Zip Code(s): 19082
Units Sold
40
Active Inventory
52
Median Sale Price
$159,500
Days On Market
18
Down -22%
Vs. Year Ago
Down -25%
Vs. Year Ago
Up 28%
Vs. Year Ago
Down -36%
Vs. Year Ago

Units Sold
There was an increase in total units sold in October, with 40 sold this month in Upper Darby Real Estate versus 36 last month, an increase of 11%. This month's total units sold was lower than at this time last year, a decrease of 22% versus October 2020.

Active Inventory
Versus last year, the total number of homes available this month is lower by 17 units or 25%. The total number of active inventory this October was 52 compared to 69 in October 2020. This month's total of 52 is lower than the previous month's total supply of available inventory of 65, a decrease of 20%.

Median Sale Price
Last October, the median sale price for Upper Darby Homes was $125,000. This October, the median sale price was $159,500, an increase of $34,500 compared to last year. The current median sold price is lower than in September.

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


New Listings
52
Current Contracts
51
Sold Vs. List Price
100.0%
Months of Supply
1.3
Up 2%
Vs. Year Ago
Up 27%
Vs. Year Ago
Up 1.2%
Vs. Year Ago
No Change
Vs. Year Ago

Months of Supply
In October, there was 1.3 months of supply available in Upper Darby. 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 52 homes newly listed for sale in Upper Darby compared to 51 in October 2020, an increase of 2%. There were 51 current contracts pending sale this October compared to 40 a year ago. The number of current contracts is 28% higher than last October.

Sale Price to List Price Ratio
In October, the average sale price in Upper Darby was 100.0% of the average list price, which is 1.2% higher 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 28, a decrease of 36%.

The Long & Foster Market Minute Upper Darby are defined as properties listed in zip code/s 19082.
*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.