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FOCUS ON: NORTHAMPTON COUNTY HOUSING MARKET |
JULY 2025 |
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Units Sold
12 |
Active Inventory
138 |
Median Sale Price
$452,321 |
Days On Market
86 |
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Down
Vs. Year Ago |
Up 13%
Vs. Year Ago |
Down
Vs. Year Ago |
Up
Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in July, with 12 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 July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 16 units or 13%. The total number of active inventory this July was 138 compared to 122 in July 2024. This month's total of 138 is higher than the previous month's total supply of available inventory of 136, an increase of 1%.
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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 July, the median sale price for Northampton County Homes was $468,000. This July, the median sale price was $452,321, a decrease of $15,679 compared to last year. The current median sold price is higher than in June.
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
19 |
Sold Vs. List Price
97.6% |
Months of Supply
11.5 |
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Down -13%
Vs. Year Ago |
Down -24%
Vs. Year Ago |
Up 0.9%
Vs. Year Ago |
Up
Vs. Year Ago |
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Months of Supply
In July, there was 11.5 months of supply available in Northampton County, compared to 6.4 in July 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 30 in July 2024, a decrease of 13%. There were 19 current contracts pending sale this July compared to 25 a year ago. The number of current contracts is 24% lower than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Northampton County was 97.6% of the average list price, which is 0.9% higher than at this time last year.
Days on Market
This month, the average number of days on market was 86, higher than the average last year, which was 57. 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. |