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| AUGUST 2025 | |||
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| Zip Code(s): 19087 | |||
| Units Sold 33 |
Active Inventory 38 |
Median Sale Price $1,160,000 |
Days On Market 18 |
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| Down Vs. Year Ago |
Down -33% Vs. Year Ago |
Up 25% Vs. Year Ago |
Down -49% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in August, with 33 sold this month in Wayne Real Estate. This month's total units sold was lower than at this time last year, a decrease from August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 19 units or 33%. The total number of active inventory this August was 38 compared to 57 in August 2024. This month's total of 38 is lower than the previous month's total supply of available inventory of 45, a decrease of 16%. |
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Median Sale Price
Last August, the median sale price for Wayne Homes was $929,000. This August, the median sale price was $1,160,000, an increase of 25% or $231,000 compared to last year. The current median sold price is 15% 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. |
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| New Listings 25 |
Current Contracts 25 |
Sold Vs. List Price 104.0% |
Months of Supply 1.2 |
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| Down -31% Vs. Year Ago |
Down -19% Vs. Year Ago |
Up 3.1% Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In August, there was 1.2 months of supply available in Wayne. 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. |
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New Listings & Current Contracts
This month there were 25 homes newly listed for sale in Wayne compared to 36 in August 2024, a decrease of 31%. There were 25 current contracts pending sale this August compared to 31 a year ago. The number of current contracts is 19% lower than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Wayne was 104.0% of the average list price, which is 3.2% 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 35, a decrease of 49%. | |||
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Wayne are defined as properties listed in zip code/s 19087. | ||
| *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. |
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