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Market Updates • May 2026 • by Coldwell Banker Hearthside
Spring has arrived in full force across the markets served by Coldwell Banker Hearthside, and the April 2026 data tells a compelling story: prices are rising, homes are moving fast, and buyer demand is accelerating heading into the peak selling season. Whether you are thinking about making a move or simply keeping an eye on your neighborhood, here is what the latest numbers show across our regions in Pennsylvania and New Jersey.
Southeastern Pennsylvania Market Highlights
Berks County: Berks remains one of the most affordable and competitive markets in our region. The median sold price rose 3.9% year-over-year to $292,000, and homes are flying off the market — the median days on market dropped to just 6 days. New listings climbed 11.6% and pending sales jumped 12.5%, signaling that buyers are ready to act. With only 1.14 months of supply, this remains a strong seller’s market.
Bucks County: Prices in Bucks County rose 5.2% year-over-year to $510,000. While closed sales dipped 14.8% from their April 2025 surge, the pipeline looks healthy — new pending sales were up 6.1% and new listings surged 15.5%, giving buyers more options than they have seen in recent months. Active inventory jumped 19.4%, a welcome sign that more sellers are participating in the market.
Chester County: Chester County remains one of the region’s most sought-after addresses. The median sold price hit $560,000, up 4.2%, and homes are selling in a remarkably quick 6 days on average. Pending sales climbed 13.1%, and new listings rose 12.3%, suggesting the market is well-supplied but intensely competitive. Only 1.70 months of supply keeps the advantage firmly with sellers.
Montgomery County: Montgomery County saw the largest volume of new listings among the PA suburban counties, with 1,094 new listings in April — up 6.8%. The median sold price reached $475,050, a 2.9% increase year-over-year, and homes continue to sell in just 6 days. Active inventory is up 19.3%, which may give buyers a bit more room to navigate this high-demand market.
Philadelphia County: The city continues its upward price trajectory, with the median sold price rising an impressive 9.1% year-over-year to $300,000 — the strongest price growth of any county in our region this month. Closed sales ticked up 1.7% to 1,180 transactions. With 3.89 months of supply and 4,452 active listings, Philadelphia offers buyers more selection than the suburban markets, though competition remains real in desirable neighborhoods.
Lehigh Valley (Lehigh & Northampton Counties): The Greater Lehigh Valley showed a notable surge in buyer activity, with pending sales up 18.5% year-over-year to 679 — the sharpest demand signal in the region. The median sales price climbed 4.3% to $360,000, and homes are selling in 23 days on average, down 8% from a year ago. Inventory tightened 6.3% to 643 homes, keeping supply at just 1.2 months — one of the lowest levels across all markets we track. Sellers are averaging 101.4% of their list price at closing.
Central & South New Jersey Market Highlights
Hunterdon County: Hunterdon is a smaller but active luxury market, and April delivered strong numbers. Closed sales jumped 62.5% year-over-year to 13 transactions, and the median sold price rose 3.8% to $665,000. Homes sold in just 11 days, down from 14 days a year ago. New listings surged 30% and pending sales were up 19%, pointing to healthy momentum in this sought-after rural county.
Mercer County: The median sold price in Mercer County grew 3.4% to $450,000, with new pending sales up 5.5%. Days on market increased to 22 days, reflecting a somewhat more measured pace compared to the ultra-fast suburban PA markets — giving buyers a bit more time to make decisions. Active listings rose 7.6%, offering slightly more selection than a year ago.
Ocean County: Ocean County stands out as the one market in our footprint to see a slight median price decline of 1.4%, to $530,000 — a potential window of opportunity for buyers considering the Jersey Shore area. New listings jumped 19% and pending sales rose 7.4%, indicating that spring interest is picking up. With 2.74 months of supply, this market is more balanced than most.
Somerset County: Somerset County’s numbers require important context: with only 15 closed sales in April, a small sample of high-end transactions drove the median sold price to $1,015,040 — up 67.8% from April 2025’s $605,000. This is a boutique luxury market that moves selectively, with homes selling in 14 days and 2.45 months of supply available.
Summary of April 2026 Data
| Region | Median Sold Price | Closed Sales | Median Days on Market |
|---|---|---|---|
| Berks County, PA | $292,000 | 335 | 6 |
| Bucks County, PA | $510,000 | 444 | 7 |
| Chester County, PA | $560,000 | 454 | 6 |
| Montgomery County, PA | $475,050 | 633 | 6 |
| Philadelphia County, PA | $300,000 | 1,180 | 21 |
| Lehigh Valley, PA | $360,000 | 452 | 23 |
| Hunterdon County, NJ | $665,000 | 13 | 11 |
| Somerset County, NJ | $1,015,040 | 15 | 14 |
| Mercer County, NJ | $450,000 | 209 | 22 |
| Ocean County, NJ | $530,000 | 145 | 27 |
Data sources: Bright MLS (Bright Research) and Greater Lehigh Valley Realtors MLS. Data as of May 6–10, 2026. All metrics are residential properties.
At Coldwell Banker Hearthside, we know that real estate is local — and April’s data makes clear that each of these communities is moving at its own pace and presenting its own opportunities. Whether you are a seller looking to capitalize on low supply and rising prices or a buyer navigating a fast-moving market, our agents have the experience and local knowledge to guide you every step of the way.
Ready to make your next move? Contact us today or search available homes in your area. With 14 offices across Pennsylvania and New Jersey, a Coldwell Banker Hearthside agent is always close by.
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