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FOCUS ON: WARMINSTER HOUSING MARKET |
MAY 2025 |
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Zip Code(s): 18974 |
Units Sold
30 |
Active Inventory
36 |
Median Sale Price
$500,000 |
Days On Market
14 |
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Down -3%
Vs. Year Ago |
Down -35%
Vs. Year Ago |
Up 3%
Vs. Year Ago |
Down -7%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in May, with 30 sold this month in Warminster Real Estate versus 35 last month, a decrease of 14%. This month's total units sold was lower than at this time last year, a decrease of 3% versus May 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 19 units or 35%. The total number of active inventory this May was 36 compared to 55 in May 2024. This month's total of 36 is lower than the previous month's total supply of available inventory of 46, a decrease of 22%.
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Median Sale Price
Last May, the median sale price for Warminster Homes was $485,000. This May, the median sale price was $500,000, an increase of 3% or $15,000 compared to last year. The current median sold price is 1% 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.
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New Listings
37 |
Current Contracts
45 |
Sold Vs. List Price
100.4% |
Months of Supply
1.2 |
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Down -26%
Vs. Year Ago |
Up 32%
Vs. Year Ago |
No Change
Vs. Year Ago |
Down -32%
Vs. Year Ago |
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Months of Supply
In May, there was 1.2 months of supply available in Warminster, compared to 1.8 in May 2024. That is a decrease of 32% 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.
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New Listings & Current Contracts
This month there were 37 homes newly listed for sale in Warminster compared to 50 in May 2024, a decrease of 26%. There were 45 current contracts pending sale this May compared to 34 a year ago. The number of current contracts is 32% higher than last May.
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Sale Price to List Price Ratio
In May, the average sale price in Warminster was 100.4% 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 14, lower than the average last year, which was 15, a decrease of 7%.
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Warminster are defined as properties listed in zip code/s 18974. |
*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. |