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| MARCH 2025 | |||
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| Units Sold 13 |
Active Inventory 120 |
Median Sale Price $700,000 |
Days On Market 96 |
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| Down Vs. Year Ago |
Up 3% Vs. Year Ago |
Up Vs. Year Ago |
Down -41% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in March, with 13 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 March 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 3 units or 3%. The total number of active inventory this March was 120 compared to 117 in March 2024. This month's total of 120 is higher than the previous month's total supply of available inventory of 104, an increase of 15%. |
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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 March, the median sale price for Northampton County Homes was $415,000. This March, the median sale price was $700,000, an increase of $285,000 compared to last year. The current median sold price is higher than in February. 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 35 |
Current Contracts 15 |
Sold Vs. List Price 98.6% |
Months of Supply 9.2 |
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| Up 30% Vs. Year Ago |
No Change Vs. Year Ago |
Up 1.2% Vs. Year Ago |
Up 34% Vs. Year Ago |
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Months of Supply
In March, there was 9.2 months of supply available in Northampton County, compared to 6.9 in March 2024. That is an increase of 34% 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 35 homes newly listed for sale in Northampton County compared to 27 in March 2024, an increase of 30%. There were 15 current contracts pending sale this March, consistent with the volume a year ago. The number of current contracts is 67% higher than last month. |
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Sale Price to List Price Ratio
In March, the average sale price in Northampton County was 98.6% of the average list price, which is 1.1% higher than at this time last year. Days on Market
This month, the average number of days on market was 96, lower than the average last year, which was 164, a decrease of 41%. | |||
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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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