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| FEBRUARY 2025 | |||
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| Units Sold 8 |
Active Inventory 102 |
Median Sale Price $400,000 |
Days On Market 183 |
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| Down Vs. Year Ago |
Down -4% Vs. Year Ago |
Up Vs. Year Ago |
Up Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in February, with 8 sold this month in Northampton County Real Estate. This month's total units sold was lower than at this time last year, a decrease from February 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 4 units or 4%. The total number of active inventory this February was 102 compared to 106 in February 2024. This month's total of 102 is higher than the previous month's total supply of available inventory of 98, an increase of 4%. |
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Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last February, the median sale price for Northampton County Homes was $345,000. This February, the median sale price was $400,000, an increase of $55,000 compared to last year. The current median sold price is lower than in January. 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 26 |
Current Contracts 10 |
Sold Vs. List Price 95.9% |
Months of Supply 12.8 |
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| Up 136% Vs. Year Ago |
Up 11% Vs. Year Ago |
Down -1.4% Vs. Year Ago |
Up Vs. Year Ago |
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Months of Supply
In February, there was 12.8 months of supply available in Northampton County, compared to 7.1 in February 2024. That is an increase 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 26 homes newly listed for sale in Northampton County compared to 11 in February 2024, an increase of 136%. There were 10 current contracts pending sale this February compared to 9 a year ago. The number of current contracts is 11% higher than last February. |
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Sale Price to List Price Ratio
In February, the average sale price in Northampton County was 95.9% of the average list price, which is 1.4% lower than at this time last year. Days on Market
This month, the average number of days on market was 183, higher than the average last year, which was 105. This increase was impacted by the limited number of sales. | |||
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| *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 ESAOR 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 ESAOR or Long & Foster Real Estate, Inc. |
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