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| MAY 2025 | |||
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| Units Sold 14 |
Active Inventory 140 |
Median Sale Price $372,500 |
Days On Market 94 |
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| Up 8% Vs. Year Ago |
Up 21% Vs. Year Ago |
Up Vs. Year Ago |
Down -3% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 14 sold this month in Northampton County Real Estate versus 12 last month, an increase of 17%. This month's total units sold was higher than at this time last year, an increase of 8% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 24 units or 21%. The total number of active inventory this May was 140 compared to 116 in May 2024. This month's total of 140 is higher than the previous month's total supply of available inventory of 132, an increase of 6%. |
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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 May, the median sale price for Northampton County Homes was $287,500. This May, the median sale price was $372,500, an increase of $85,000 compared to last year. The current median sold price is lower 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 22 |
Current Contracts 10 |
Sold Vs. List Price 97.1% |
Months of Supply 10.0 |
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| Up 5% Vs. Year Ago |
Down -60% Vs. Year Ago |
Up 2.5% Vs. Year Ago |
Up 12% Vs. Year Ago |
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Months of Supply
In May, there was 10.0 months of supply available in Northampton County, compared to 8.9 in May 2024. That is an increase of 12% 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 22 homes newly listed for sale in Northampton County compared to 21 in May 2024, an increase of 5%. There were 10 current contracts pending sale this May compared to 25 a year ago. The number of current contracts is 60% lower than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Northampton County was 97.1% of the average list price, which is 2.4% higher than at this time last year. Days on Market
This month, the average number of days on market was 94, lower than the average last year, which was 97, a decrease of 3%. | |||
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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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