The Long & Foster Market Minute

Focus On: Havertown Housing Market June 2021

Zip Code(s): 19083
Units Sold
50
Active Inventory
28
Median Sale Price
$418,750
Days On Market
8
Up
Vs. Year Ago
Down -22%
Vs. Year Ago
Up 16%
Vs. Year Ago
Down -73%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 50 sold this month in Havertown Real Estate. This month's total units sold was higher than at this time last year.

Active Inventory
Versus last year, the total number of homes available this month is lower by 8 units or 22%. The total number of active inventory this June was 28 compared to 36 in June 2020. This month's total of 28 is higher than the previous month's total supply of available inventory of 18, an increase of 56%.

Median Sale Price
Last June, the median sale price for Havertown Homes was $359,500. This June, the median sale price was $418,750, an increase of 16% or $59,250 compared to last year. The current median sold price is 3% lower than in May.

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


New Listings
60
Current Contracts
45
Sold Vs. List Price
104.2%
Months of Supply
0.6
Down -3%
Vs. Year Ago
Down -26%
Vs. Year Ago
Up
Vs. Year Ago
Down -50%
Vs. Year Ago

Months of Supply
In June, there was 0.6 months of supply available in Havertown, compared to 1.1 in June 2020. That is a decrease of 50% 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 60 homes newly listed for sale in Havertown compared to 62 in June 2020, a decrease of 3%. There were 45 current contracts pending sale this June compared to 61 a year ago. The number of current contracts is 26% lower than last June.

Sale Price to List Price Ratio
In June, the average sale price in Havertown was 104.2% of the average list price, which is higher than at this time last year.

Days on Market
This month, the average number of days on market was 8, lower than the average last year, which was 30, a decrease of 73%.

The Long & Foster Market Minute Havertown are defined as properties listed in zip code/s 19083.
*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.
REALTOR, Equal Opportunity HousingInformation 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.