WESTMORELAND COUNTY HOUSING MARKET DATA

With relatively few transactions, there was a decrease in total units sold in April, with 24 sold this month in Westmoreland County Real Estate. This month's total units sold was lower than at this time last year, a decrease from April 2024.

Versus last year, the total number of homes available this month is higher by 25 units or 22%. The total number of active inventory this April was 140 compared to 115 in April 2024. This month's total of 140 is lower than the previous month's total supply of available inventory of 145, a decrease of 3%.

Last April, the median sale price for Westmoreland County Homes was $316,500. This April, the median sale price was $329,000, an increase of 4% or $12,500 compared to last year. The current median sold price is 6% higher than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In April, there was 5.8 months of supply available in Westmoreland County, compared to 3.0 in April 2024. That is an increase of 93% 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.

This month there were 48 homes newly listed for sale in Westmoreland County compared to 52 in April 2024, a decrease of 8%. There were 35 current contracts pending sale this April compared to 55 a year ago. The number of current contracts is 36% lower than last April.

In April, the average sale price in Westmoreland County was 98.7% of the average list price, which is 1.0% lower than at this time last year.

This month, the average number of days on market was 69, higher than the average last year, which was 44. This increase was impacted by the limited number of sales.





FOCUS ON: WESTMORELAND COUNTY HOUSING MARKET			APRIL 2025

Units Sold 24	Active Inventory 140	Median Sale Price $329,000	Days On Market 69

Down Vs. Year Ago	Up 22% Vs. Year Ago	Up 4% Vs. Year Ago	Up Vs. Year Ago


		Units Sold With relatively few transactions, there was a decrease in total units sold in April, with 24 sold this month in Westmoreland County Real Estate. This month's total units sold was lower than at this time last year, a decrease from April 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 25 units or 22%. The total number of active inventory this April was 140 compared to 115 in April 2024. This month's total of 140 is lower than the previous month's total supply of available inventory of 145, a decrease of 3%.
		Median Sale Price Last April, the median sale price for Westmoreland County Homes was $316,500. This April, the median sale price was $329,000, an increase of 4% or $12,500 compared to last year. The current median sold price is 6% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 48	Current Contracts 35	Sold Vs. List Price 98.7%	Months of Supply 5.8

Down -8% Vs. Year Ago	Down -36% Vs. Year Ago	Down -1% Vs. Year Ago	Up 92% Vs. Year Ago


		Months of Supply In April, there was 5.8 months of supply available in Westmoreland County, compared to 3.0 in April 2024. That is an increase of 93% 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.
New Listings & Current Contracts This month there were 48 homes newly listed for sale in Westmoreland County compared to 52 in April 2024, a decrease of 8%. There were 35 current contracts pending sale this April compared to 55 a year ago. The number of current contracts is 36% lower than last April.
		Sale Price to List Price Ratio In April, the average sale price in Westmoreland County was 98.7% of the average list price, which is 1.0% lower than at this time last year. Days on Market This month, the average number of days on market was 69, higher than the average last year, which was 44. This increase was impacted by the limited number of sales.



	*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.