Year over year, Pennsport’s rolling three-month typical home value has fallen sharply, down about 14 percent, while median list prices have jumped by roughly one‑third. Compared with Philadelphia overall, Pennsport’s typical home value sits notably higher than the city’s median sale price, highlighting its relatively more expensive housing stock.
Inventory trends show some easing but also less activity, with active listings down slightly from a year ago and new listings off nearly 10 percent. At the same time, months of supply has risen close to 50 percent year over year to about five months, signaling more options for buyers even as the area still registers as a seller’s market.
From a demand perspective, homes are moving faster than they did last year, with median days on market dropping from about 54 to 40 days and roughly 31 percent of sales closing above list, up significantly from a year earlier. With the average sale-to-list ratio now around 103 percent and pending sales falling more than 45 percent year over year, conditions are nuanced and local expertise matters, so Agent Pronto can connect both buyers and sellers with an agent who understands Pennsport’s shifting dynamics.
