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What First-Time Buyers Need to Know Before Fall Market Kicks Off
What First-Time Buyers Need to Know Before Fall Market Kicks Off
Buying your first home is exciting—but it can also feel overwhelming, especially with the busy fall market around the corner. If you’re currently renting or considering taking the leap into homeownership, now is the perfect time to prepare. Here’s what every first-time buyer should know before the season heats up.
💰 1. Get Your Finances in Order Early
Before you start browsing homes, get clear on what you can afford.
- Loan Pre-Approval Is a Must
A mortgage pre-approval not only gives you a realistic budget—it shows sellers you’re a serious, qualified buyer. It’s your first step toward competitive house hunting. - Explore First-Time Buyer Grants
Many state and federal programs offer financial assistance, down payment help, or tax credits specifically for first-time buyers. Your agent or lender can help you find options that fit your situation. - Make a Realistic Budget
Factor in more than just the home price—think about closing costs, property taxes, insurance, and monthly maintenance. Being prepared helps you avoid surprises later.
🧭 2. Work with the Right Agent
Having an experienced real estate agent by your side is one of the most valuable things you can do as a first-time buyer.
- Look for a Local Pro
A neighborhood-savvy agent can guide you through competitive pricing, school districts, and upcoming developments you might not find online. - Lean on Their Network
From lenders to inspectors, a great agent can connect you with trusted professionals and help streamline every step of the process. - Ask Questions Early
Don’t be afraid to ask about the offer process, contingencies, or how to stand out in a multiple-offer situation. That’s what your agent is there for.
🎯 3. Set Expectations—and Stay Flexible
While it’s important to know your must-haves, keeping an open mind is just as crucial.
- Inventory May Be Limited
Fall is an active time in the real estate market, but homes can still sell quickly. Be prepared to move fast when you find the right one. - Focus on Potential
A home might not check every box, but small updates can go a long way. Look for homes that meet your biggest priorities—location, layout, and condition. - Be Patient
It might take a few tries before your offer is accepted, and that’s okay. Stay positive, trust your agent, and keep your long-term goals in focus.
🎓 Final Advice
Becoming a homeowner is a major milestone—and with the right prep, guidance, and mindset, it’s completely within reach. If you’re ready to explore your options this fall, start by connecting with a Coldwell Banker Hearthside agent who knows how to guide first-time buyers every step of the way.
🔗 Find an Agent or Explore Homes Now at CBHRE.com
June 2025 Market Statistics
June 2025 Market Report: A Regional Roundup
The summer market is in full swing across Pennsylvania and New Jersey, with most areas seeing strong year-over-year growth in sales activity, price appreciation, and inventory. Here’s a closer look at how each county performed in June 2025.
Bucks County, PA
Bucks County’s real estate market continued its upward trend with a median sold price of $515,000—up 1.7% from last year. A total of 625 homes were sold, representing an impressive 18.9% increase in year-over-year transactions. Inventory saw a modest gain, with 800 active listings—up 8.3%. Homes remained on the market for a median of just 7 days, unchanged from last year, and the list-to-sold price ratio ticked slightly down to 101.3%, a 0.25% decrease from the previous month.
Montgomery County, PA
Montgomery County recorded a strong June with a 6.4% increase in median sold price, reaching $500,000. The number of homes sold rose by 4.7% year-over-year to 887, and active listings climbed to 1,063, up 12%. Homes spent a median of 7 days on the market, just one day longer than last year. Sellers still had the upper hand, with the list-to-sold price ratio rising to 102.7%, up 0.24% month over month.
Chester County, PA
In Chester County, the median sold price grew 6.2% year-over-year to hit $600,000. Home sales increased 7.1%, with 637 properties sold. Inventory improved as well, with 753 active listings on the market—a 14.3% annual rise. The median days on market moved up slightly to 6 days. The list-to-sold price ratio dipped to 102.5%, a 0.2% decrease from the previous month.
Philadelphia County, PA
Philadelphia saw robust activity in June with 1,418 homes sold, up 19.4% year over year. The median sold price reached $300,000, a 3.5% gain. Active listings stood at 4,472, representing an 8.5% increase. Homes moved slightly faster this June, with a median of 16 days on the market—down one day from last year. The list-to-sold price ratio improved to 98.7%, a 0.66% month-over-month increase.
Berks County, PA
Berks County experienced the sharpest jump in median sold price across the region, climbing 15.6% to $315,000. The number of homes sold rose 4.6% to 366, while inventory increased 12.2%, with 386 active listings. The median days on market remained steady at 6 days. Sellers had an especially strong month, with a list-to-sold price ratio rising to 103.7%, up 2.26% from May.
Lehigh Valley (GLVR)
The greater Lehigh Valley region saw a 2.3% increase in median sold price to $370,000 and a 9.3% rise in home sales, totaling 684 for the month. However, active listings dipped 4.3% year over year, leaving 742 homes available on the market. Median days on market lengthened to 18, a 12.5% increase. The list-to-sold price ratio dropped slightly to 101.7%, down 0.6% from the previous month.
Pocono Mountains (PMAR)
Within the PMAR footprint specifically, the market was more subdued. The median sold price fell 5.4% to $298,000, and home sales dropped 10.2% year over year to 193. Inventory declined by 7.2%, with 886 active listings in June. Homes sold faster, with the median days on market decreasing by 3.2% to 61 days. Sellers still managed to gain ground, as the list-to-sold price ratio rose to 96.8%, up 0.6% month over month.
Ocean County, NJ
Ocean County had a standout month with a 19.6% surge in median sold price, reaching $550,000. Home sales exploded with a 37.3% year-over-year increase, totaling 195 transactions. Active listings were also up, with 504 homes on the market, a 12.2% rise. The median days on market held steady at 21, while the list-to-sold price ratio slipped slightly to 99.6%, down 0.11% month over month.
Mercer County, NJ
Mercer County experienced a dip in median sold price, down 2.4% to $488,250. Home sales also declined slightly, with 292 transactions—a 1.7% decrease year over year. Inventory saw a substantial increase, rising 40.6% to 596 active listings. Homes stayed on the market longer this June, with median days on market rising by 6 days to 16. The list-to-sold price ratio improved to 101.9%, up 0.5% from May.
Hunterdon County, NJ
Hunterdon County posted one of the highest median prices in the region at $700,000—a 16.7% jump from last year. Home sales increased by 11.8%, although the overall volume remained low at 19 sales. Inventory rose to 61 active listings, up 19.6% year over year. Homes moved quickly, with the median days on market falling to just 10 days—a 9-day improvement from last year. The list-to-sold price ratio rose sharply to 103.7%, up 1.67% from the previous month.
June Summary
From the rural corners of Berks and Monroe to the shorelines of Ocean County, June brought a surge of market momentum across most counties. While rising inventory offers a bit more breathing room for buyers, quick sales and strong price ratios show sellers are still in a favorable position. As summer continues, market watchers should keep an eye on inventory shifts and pricing trends to navigate the season ahead.
Sea Isle City, NJ
Sea Isle City, NJ: Coastal Living with a Community Vibe
Part of the Coldwell Banker Hearthside “Down the Shore” Series
With its blend of beach town fun and close-knit charm, Sea Isle City is a shore point favorite for families, vacationers, and savvy real estate buyers alike. Nestled between Ocean City and Avalon, Sea Isle offers a perfect balance of relaxation, recreation, and year-round appeal.
🏡 Real Estate That Fits Every Lifestyle
From stylish condos with ocean views to spacious townhomes perfect for gatherings, Sea Isle City’s real estate market is as inviting as its shoreline. Buyers are drawn to the town’s strong rental potential, walkable layout, and the sense of community that comes with owning a piece of this beloved beach town.
🔗 Browse Homes for Sale in Sea Isle City on CBHRE.com
☀️ Promenade Perfection
Sea Isle’s iconic oceanfront promenade is a central hub for coastal fun. Stretching nearly 1.5 miles, it’s the place to walk, bike, shop, and dine—all with ocean views as your backdrop. Live music, summer events, and beachfront eateries give the promenade its vibrant, small-town charm.
🍦 Locals’ Favorite: Marita’s Homemade Ice Cream
Nothing says summer like a cone from Marita’s, a Sea Isle staple known for rich, small-batch ice cream and family-friendly service. It’s just one of the many locally owned spots that keep Sea Isle grounded in tradition—and packed with flavor.
🚤 Boating & Bayfront Bliss
Beyond the beach, Sea Isle shines on the bay. Boating, paddleboarding, and fishing are daily rituals here, with many homes offering direct access to the water. Whether you’re cruising the Intracoastal or catching the sunset from your dock, life on the bayfront is always a good idea.
🎉 Family-Friendly Events All Year
Sea Isle takes pride in its events calendar—think free concerts, food truck festivals, beach yoga, and Movie Nights Under the Stars. Whether you’re a full-timer or just visiting, the town’s ongoing activities help you feel part of something special.
🔗 See Sea Isle’s Full Events Calendar
Why Sea Isle?
It’s more than just sand and surf. Sea Isle City is a lifestyle—laid-back, connected, and full of heart. With its coastal charm and strong community spirit, it’s the kind of place you’ll want to return to again and again… or never leave at all.
🔹 This post is part of our Down the Shore Series highlighting iconic beach towns across New Jersey. As we expand our presence through the acquisition of Acre and Estate Brokerage, we’re proud to guide you home—wherever the shore leads.
Ready to find your place in Sea Isle City?
🏡 Start Your Search on CBHRE.com
East Stroudsburg, PA
Family-Friendly and Commuter-Smart
Neighborhood Spotlight: East Stroudsburg, PA
As we continue our Pocono Neighborhood Spotlight Series, we’re shining a light on a town that’s all about balance — East Stroudsburg, PA. Just minutes from the New Jersey border, this community is known for its accessibility, vibrant energy, and gateway to some of the region’s best outdoor adventures.
Whether you’re a growing family, a weekend warrior, or a commuter seeking more space and serenity, East Stroudsburg offers the perfect blend of practicality and lifestyle.
🚗 The Best of Both Worlds
One of East Stroudsburg’s biggest draws is its prime location. With direct access to I-80 and NJ Transit routes, it’s a smart pick for those working in New Jersey or even New York City. But don’t let the commute fool you — this town is full of nature, culture, and opportunity.
At its core is East Stroudsburg University (ESU), which brings a youthful, academic vibe to the town and supports a strong local economy. The area is also home to excellent medical facilities, diverse dining options, and plenty of green space to explore.
🌟 Things to Explore
🛶 Delaware Water Gap National Recreation Area
Minutes away from downtown, this 70,000-acre preserve offers some of the most beautiful hiking, kayaking, fishing, and nature trails on the East Coast.
For thrill-seekers and families alike, this aerial ropes course and zipline park offers adventure for all ages, right in the heart of the Poconos.
🏡 Living in East Stroudsburg
From suburban neighborhoods and townhomes to private wooded lots and investment opportunities, this location is quite diverse. The area continues to attract first-time buyers, NYC commuters, second-home seekers, and investors thanks to its affordability, location, and livability.
🔗 Find Homes for Sale in East Stroudsburg at CBHRE.com
🏔️ Our Growing Pocono Presence
East Stroudsburg is one of many vibrant communities we’re now proud to serve as part of our expansion through Coldwell Banker Hearthside’s acquisition of Acre and Estate Brokerage. With deep local knowledge and national resources, our agents are ready to help you find your place in the Poconos.
#ComeHomeWithHearthside
Stroudsburg, PA
Neighborhood Spotlight: Stroudsburg, PA
Historic Streets, Modern Living
Next up in our Pocono Neighborhood Spotlight Series, we’re heading to a community that effortlessly blends old-world charm with vibrant, contemporary culture — welcome to Stroudsburg, PA.
Located in the heart of Monroe County, Stroudsburg offers the perfect balance of small-town living and dynamic downtown energy. Whether you’re strolling through streets lined with 19th-century architecture or enjoying a craft beer and live music, this borough has a magnetic personality that appeals to residents and visitors alike.
🧭 A Walkable Town with Big Personality
Stroudsburg’s downtown district is one of the most walkable and culturally rich in the region. Here, you’ll find galleries, artisan shops, live music, public art, and mouthwatering eats — all within a few charming blocks. It’s a place where history and creativity meet, and where everyday life feels like an experience.
From boutique shopping to weekend festivals, there’s always something happening in town. And with easy access to Route 80, it’s also a commuter-friendly choice for those working in New Jersey or the Lehigh Valley.
🎨 Local Favorites You’ll Love
🎭 Sherman Theater
This restored 1920s theater is the cultural heartbeat of Stroudsburg, hosting everything from concerts and plays to comedy shows and film screenings.
🍻 Downriver Brewing Co. Known for its welcoming atmosphere and rotating selection of house-brewed beers, this local favorite is the perfect spot to unwind, catch live music, or meet friends after a hike or day in town.
🛍️ Monroe Farmers Market
Held every Saturday morning in Courthouse Square, this market is a celebration of all things local — produce, baked goods, handmade crafts, and community spirit.
🏡 Living in Stroudsburg
Stroudsburg offers a range of real estate options — from classic brick townhomes and vintage Victorians to modern builds tucked in quiet neighborhoods. Whether you’re a first-time buyer, relocating, or investing in a rental property, this town delivers lifestyle, convenience, and character.
🔗 Browse Homes in Stroudsburg with Coldwell Banker Hearthside
🏔️ Proud to Serve the Poconos
Stroudsburg is a key part of our expanded Pocono presence following Coldwell Banker Hearthside’s acquisition of Acre and Estate Brokerage. We’re honored to serve more clients across this vibrant region, bringing our personalized service and unmatched resources to the heart of Monroe County.
#ComeHomeWithHearthside
May 2025 Market Update
Local Real Estate Trends Across PA & NJ
The May 2025 real estate market brought a dynamic mix of price appreciation, rising inventory, and moderated sales activity across Pennsylvania and New Jersey. While buyer demand remains strong in many areas, a slight cooling in transaction volume paired with inventory growth is giving the market some much-needed breathing room. Here’s how key counties performed last month:
Bucks County, PA
Bucks County’s median sold price rose to $502,000, reflecting a 3.5% increase compared to last year. However, homes sold dipped by 4.5%, with 513 properties closing in May. Inventory increased to 809 active listings—up 12.5% year-over-year—while the median days on market was just 7 days, one day longer than last May. Sellers continued to see strong returns, with a list to sold price ratio of 101.4%, up slightly by 0.19% month over month.
Montgomery County, PA
Montgomery County experienced a 5.1% jump in median sold price, reaching $476,250. Despite this, the number of homes sold declined by 4.8% year over year, totaling 752 transactions. Active listings climbed to 1,097, an 11.9% increase, suggesting better options for buyers. The median days on market held steady at just 6 days. Sellers enjoyed a favorable 102.3% list to sold price ratio—up 0.47% from April.
Berks County, PA
Berks County saw a healthy 6.8% rise in median sold price, bringing it to $299,124. Sales were down 11.2%, with 348 homes sold during May. Active inventory grew significantly, rising 27.4% to 386 listings. Homes spent an average of 6 days on the market, unchanged from the previous year. The list to sold price ratio climbed to 101.4%, up 0.59% month over month.
Philadelphia, PA
Philadelphia experienced one of the strongest median price increases in the region, up 10.9% to $305,000. However, sales volume declined by 6.4%, with 1,324 homes sold. Active listings rose by 9.3% to 4,538, while median days on market increased slightly to 19 days. The list to sold price ratio decreased to 98.1%, down 0.25% from April, hinting at more negotiation room for buyers.
Chester County, PA
Chester County’s market remains healthy, with median sold prices rising 2% to $560,000 and homes sold increasing 7.7% to 519. Inventory saw a significant bump, with 756 active listings—up 20.6% year over year. The median days on market lengthened by just one day to 6, while sellers continued to see strong offers, closing at 102.6% of asking price, up 0.01% month over month.
Greater Lehigh Valley (GLVR)
The Greater Lehigh Valley’s median sold price increased to $345,000, a 4.4% gain compared to last May. Sales fell 11.4% to 515, and inventory dipped slightly by 2.6%, totaling 700 active listings. Homes stayed on the market for an average of 19 days, matching last year. The list to sold price ratio came in at 101.9%, a small decrease of 0.1% year over year, still indicating a strong seller advantage.
Ocean County, NJ
Ocean County posted a strong performance with a 15.8% jump in median sold price, now at $550,000. Sales activity picked up, with 197 homes sold—up 5.3% year over year. Inventory rose to 499 listings, a 15% increase. The median days on market dropped by two days to 22, and the list to sold price ratio inched up to 99.7%, a 0.03% improvement month over month.
Mercer County, NJ
In Mercer County, the median sold price climbed 11.7% to $480,500. However, home sales declined by 5.6%, with 271 closings in May. Inventory surged by nearly 40%, totaling 563 active listings. The median days on market grew to 15, up by 3 days compared to last year. The list to sold price ratio fell to 101.4%, dropping 0.96% month over month—one of the more notable shifts.
Hunterdon County, NJ
Hunterdon County recorded the highest year-over-year price increase across all counties, with the median sold price soaring 23% to $750,000. Still, only 19 homes sold in May, marking a 9.5% decline in sales activity. Inventory rose 17.8% to 53 active listings. Homes took longer to sell, with a median of 30 days on market—up 5 days. The list to sold price ratio eased slightly to 102%, down 0.07% month over month.
As we head into the summer season, the market is balancing out with rising inventory and strong price performance. While sales have softened in some regions, sellers continue to benefit from solid list-to-sold ratios, and buyers now have more options to explore.
April 2025 Market Statistics
April 2025 Market Statistics: Home Prices, Inventory & Sales Growth
As the spring real estate season gains momentum, April’s housing market data for Pennsylvania and New Jersey reveals a mix of rising home values, growing inventory, and steady buyer demand. Whether you’re preparing to buy, sell, or simply stay informed, this report offers valuable insights into how the local markets are performing. Below, we break down the latest April market trends by county—including median home prices, sales activity, and list-to-sold price ratios—to give you a clear picture of what’s happening across the region.
Bucks County, PA
Bucks County remains a standout in the Greater Philadelphia area’s real estate market. Home sales jumped 14.8% year-over-year, with 521 properties sold. The median sold price rose 4.6% to $485,000, reflecting strong buyer demand. Active listings climbed to 705, an increase of 13.2%. Homes spent a median of just 7 days on the market, up by only 1 day from last year. The list-to-sold price ratio improved to 101.3%, up 0.82% month over month—signaling ongoing multiple-offer situations.
Montgomery County, PA
In Montgomery County, home values and inventory continued to rise at a moderate pace. The median sold price increased to $461,500, up 1.4% year over year. With 670 homes sold—a 2.3% rise—and 982 active listings (up 15.9%), the market is showing balanced growth. Median days on market held steady at 6. Sellers continued to benefit from strong demand, with a list-to-sold price ratio of 101.9%, up 0.51% month over month.
Berks County, PA
Berks County saw notable growth in both home prices and sales activity. The median sold price rose 7.5% to $281,050, while 328 homes were sold, also up 7.5% compared to last year. Inventory expanded by 13.9% to 344 active listings. Homes sold quickly, with a median time on market of 7 days—unchanged from the previous year. The list-to-sold price ratio increased to 101%, up 0.96% month over month.
Philadelphia, PA
The Philadelphia real estate market showed mixed signals this April. The median sold price rose to $275,000, up 2.6% year over year. However, the number of homes sold dipped slightly by 2.2% to 1,160. Inventory increased 10.4%, bringing active listings to 4,457. The median days on market rose to 22, up 2 days, while the list-to-sold price ratio fell to 98.2%, down 1% month over month. These shifts suggest more negotiating power for buyers in the city.
Chester County, PA
Chester County continues to attract strong buyer interest. The median sold price rose 4% to $537,247, with 466 homes sold—up 5.4% from last year. Inventory saw the largest growth among PA counties, jumping 28.4% to 741 active listings. Homes spent a median of just 6 days on the market, a 1-day increase year over year. The list-to-sold price ratio rose to 102.5%, up 0.81%, confirming a competitive market for well-priced homes.
Greater Lehigh Valley (GLVR)
The Greater Lehigh Valley experienced steady growth, with the median sold price rising 7.1% to $345,000. Homes sold increased 1.6% to 511, while active listings dipped slightly to 630—a 1.9% decrease. The average days on market extended to 24, up 9.1% from the prior year. Month over month, the list-to-sold price ratio declined to 101.3%, down 0.6%, suggesting slight softening in seller leverage.
Ocean County, NJ
Ocean County, NJ, reported one of the highest median price gains in the region this April, rising 10.8% year over year to $537,525. Homes sold rose 2% to 153, and inventory jumped 20.9% to 481 active listings. The median days on market increased to 26 days, up 5 from last year. Month over month, the list-to-sold price ratio ticked up to 99.2%, a 0.45% increase that reflects continued interest in coastal properties.
Mercer County, NJ
Mercer County’s housing market remained strong with a 3.6% year-over-year increase in median price, reaching $435,000. Home sales rose 3.5% to 238, and inventory climbed significantly by 44%, totaling 550 active listings. Homes sold in a median of 15 days, up just 1 day from last year. The list-to-sold price ratio jumped 1.28% month over month to 102.3%, showing heightened buyer competition.
Hunterdon County, NJ
Hunterdon County posted the sharpest price increase in April, with the median sold price soaring 22.1% to $640,650. However, home sales dropped 33.3%, with only 8 homes sold. Inventory held steady at 47 listings. Homes moved faster this year, with median days on market falling by 25 days to just 14. The list-to-sold price ratio dipped slightly to 102%, down 0.05%, indicating a marginal change in pricing power.
April 2025 Housing Market in PA & NJ: Key Takeaways
April brought clear momentum to the PA and NJ housing markets, especially in suburban and high-demand counties where low days on market and rising price points continue to drive competitive activity. With inventory growing in many areas and interest remaining strong, buyers and sellers alike have meaningful opportunities this season. As we look ahead to late spring and summer, staying updated on your local market conditions can give you an edge—whether you’re listing your home or searching for your next move.
March 2025 Market Statistics
Real Estate Market– March 2025
Your Local Update Across PA & NJ
The spring market is off to a dynamic start across Pennsylvania and New Jersey. While some counties are seeing strong momentum in pricing and buyer activity, others are navigating shifts in inventory and days on market. Here’s a breakdown of what’s happening in each local market we serve:
Bucks County, PA
Bucks County saw a 3.1% increase in median sold price, reaching $467,000. While the number of homes sold dipped slightly by 1.1%, the market experienced a healthy rise in available inventory—active listings are up 12.5%, giving buyers more choices. Homes spent an average of just 9 days on the market, one day longer than the previous year. Notably, sellers are seeing strong returns, with the list to sold price ratio climbing to 100.5%, a 1.06% increase month over month—indicating that many homes are selling above asking.
Montgomery County, PA
Montgomery County’s market continues to show resilience, with the median sold price up 3.8% to $440,000. Though home sales declined 4.8% year over year, inventory has increased by 7.8%, helping to balance supply and demand. Homes are moving quickly with a median of just 8 days on market, up one day from last year. Sellers are in a strong position, with a list to sold price ratio of 101.3%, up 1.84% from last month—suggesting competitive bidding continues in many areas.
Berks County, PA
Berks County experienced robust price growth, with the median sold price jumping 7.8% to $274,950. Home sales were also up by 5.4%, showing buyer demand remains strong. Active listings rose slightly by 1.5%, while the average days on market crept up by 2 days to 10. The list to sold price ratio saw a slight decline month over month, down 1.76% to 99.7%, though still reflecting near-full asking price sales.
Philadelphia County, PA
Philadelphia’s market delivered a 7.7% increase in median sold price, now at $280,000. Despite a 2.5% dip in homes sold, inventory rose by 8.2%, totaling over 4,100 active listings. Buyers appear to be moving quickly, with days on market down by 5 days to an average of 26. The list to sold price ratio improved slightly to 98.2%, up 0.77% from the previous month.
Chester County, PA
Chester County continues to thrive with steady home values. The median sold price held firm at $500,000. Sales volume increased 5.4%, and inventory surged 21.1%—a welcome shift for buyers seeking more options. Homes are selling swiftly, with a median of just 6 days on the market, unchanged from last year. The list to sold price ratio rose to 101.8%, up 0.91% month over month, confirming that well-priced homes are often drawing competitive offers.
GLVR (Lehigh Valley, PA)
The Lehigh Valley market posted a 4.3% year-over-year increase in median sold price, bringing it to $350,000. However, home sales dropped 7.8% while inventory declined significantly by 14.4%. Homes are taking longer to sell, with average days on market up 34.8% to 31. The list to sold price ratio dipped slightly year over year to 100%, but overall, the market remains stable despite tighter supply.
Ocean County, NJ
In Ocean County, the median sold price dipped 0.9% to $525,000, while the number of homes sold climbed by 6.9%. Active listings rose by 13.3%, giving buyers more options heading into spring. Homes are selling faster, with the median days on market down by 9 days to just 30. Sellers continue to fare well with a list to sold price ratio of 98.8%, up 0.16% month over month.
Mercer County, NJ
Mercer County saw solid gains across most metrics, with a 6.6% increase in median sold price to $405,000 and a 2.5% uptick in home sales. Inventory jumped significantly by 44.8%, providing more balance to the market. Homes spent an average of 20 days on market, 5 days more than last year. The list to sold price ratio remains strong at 101%, despite a small month-over-month dip of 0.1%.
Hunterdon County, NJ
Hunterdon County saw a notable shift this month, with the median sold price falling by 20.3% to $434,500—likely due to the limited number of homes sold. That said, sales volume increased 20%, while inventory decreased by 16.7%. Days on market shortened by 5 days to 14, suggesting faster-moving transactions. Sellers are still seeing strong results, with a list to sold price ratio of 102.2%, up 1.27% month over month, one of the highest in the region.
Final Thoughts
Across the board, many markets are welcoming increased inventory and rising price trends, with several areas showing strong competition among buyers. Whether you’re considering buying, selling, or investing this season, understanding your local market is key. Reach out to your Coldwell Banker Hearthside professionals for expert insights and guidance tailored to your goals.
Check out more about CBH, HERE!
Check out last month’s report: HERE!
February 2025 Market Statistics
Real Estate Market Trends Across PA and NJ
As we move further into 2025, the real estate market continues to evolve, with some areas seeing price appreciation while others experience shifts in inventory and sales volume. Here’s a detailed look at how different counties in Pennsylvania and New Jersey performed in February 2025.
Bucks County, PA
Bucks County’s real estate market showed steady growth, with the median sold price rising to $460,000, a 2.2% increase from last year. The number of homes sold climbed 4.8% to 305, signaling a healthy demand. Inventory expanded significantly, with active listings up 16.2% to 546, offering buyers more options. The median days on market (DOM) increased slightly to 12 days, up by just two days from the previous year. Meanwhile, the list-to-sold price ratio dipped marginally to 99.5%, reflecting a slight 0.36% month-over-month decline.
Montgomery County, PA
Montgomery County experienced a strong price increase, with the median sold price reaching $447,000, up 6.4% from last year. Sales volume also grew, with 448 homes sold, a 3.2% year-over-year rise. However, active listings dropped 7.6% to 725, indicating a tighter market. Homes took an average of 19 days to sell, eight days longer than last year, showing a shift in buyer behavior. The list-to-sold price ratio remained stable at 99.5%, down slightly by 0.06% from last month.
Berks County, PA
The median sold price in Berks County rose 4% to $260,000, reflecting continued appreciation. However, home sales dropped significantly by 17.2%, with only 202 homes sold in February. Inventory saw a modest 6.2% increase, with 309 active listings available. Homes spent an average of 11 days on the market, unchanged from last year. The list-to-sold price ratio jumped to 101.4%, a notable 1.26% increase from the previous month, suggesting buyers are competing aggressively for available homes.
Philadelphia, PA
Philadelphia’s housing market continued its upward price trend, with the median sold price rising 4% to $260,000. However, the number of homes sold fell 5.9% to 796, indicating a slight slowdown in transactions. Active listings increased 5.9% to 4,060, expanding buyer options. The median DOM extended by six days to 44, showing a slight cooling of demand. The list-to-sold price ratio edged up to 97.5%, reflecting a 0.06% month-over-month increase.
Chester County, PA
Chester County saw a dip in its median sold price, decreasing 2.3% to $495,000. Despite the price drop, home sales surged 15% to 283, indicating strong buyer interest. Active listings saw a dramatic 25.7% increase, reaching 606 homes on the market. The median DOM remained steady at 11 days, showing no significant change in market speed. The list-to-sold price ratio rose to 100.4%, up 0.63% month-over-month, highlighting a competitive environment.
Greater Lehigh Valley (GLVR)
The Greater Lehigh Valley experienced strong price growth, with the median sold price jumping 9.7% year-over-year to $350,000. Sales increased by 2.2% to 369, while active listings dropped 10% to 548, tightening market conditions. The average DOM increased by 29.2% to 31 days, indicating that homes are taking longer to sell. The list-to-sold price ratio dipped slightly to 100.2%, down 0.3% year-over-year.
Ocean County, NJ
Ocean County saw significant price appreciation, with the median sold price rising 13.6% to $510,000. Home sales increased by 3.8% to 109, while active listings climbed 8.2% to 407. The median DOM rose slightly to 40 days, up by four days compared to last year. The list-to-sold price ratio declined slightly to 98.7%, reflecting a 0.31% month-over-month drop.
Mercer County, NJ
Mercer County’s median sold price rose 7.7% to $420,000, reflecting continued market strength. However, home sales dropped 19.3% to 146, suggesting a potential slowdown in buyer activity. Active listings surged 38.4% to 440, increasing available inventory. The median DOM rose significantly by 17 days to 35, indicating longer selling times. Meanwhile, the list-to-sold price ratio jumped to 101.3%, a 1.6% month-over-month increase, showing that homes are still fetching competitive prices.
Hunterdon County, NJ
Hunterdon County witnessed a remarkable price surge, with the median sold price skyrocketing 161.2% to $1,580,000. However, home sales declined sharply, with only five transactions recorded—a 44.4% drop. Active listings also fell 31% to just 29 homes on the market, creating an extremely limited inventory. Homes took an average of 106 days to sell, up 90 days from last year, indicating a dramatic slowdown. The list-to-sold price ratio rose to 100.7%, up 2.08% month-over-month, showing that despite long market times, homes are still selling near their asking prices.
Final Thoughts Regarding this Market
February 2025’s real estate market continues to show mixed trends, with price growth in most areas but variations in sales volume and inventory levels. While some counties, like Hunterdon, saw dramatic price increases, others, like Chester, experienced slight declines. Inventory remains a critical factor in shaping market conditions, and as we move into the spring season, it will be crucial to watch how demand and supply balance out. Whether you’re a buyer or seller, understanding these local trends will help you make informed real estate decisions.
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Getting Ready for Spring
Getting Ready for Spring: Staging Tips to Make Your Home Shine
Spring is one of the busiest seasons for real estate, and if you’re planning to sell, now is the perfect time to get your home market-ready. Buyers are eager to find their dream homes, and staging can make all the difference in helping your property stand out. With longer days, blooming flowers, and warmer weather on the horizon, here’s how you can stage your home to maximize its appeal this spring!
1. Start with a Spring Clean
Before staging, give your home a deep clean from top to bottom. Dust surfaces, wash windows, scrub floors, and don’t forget those overlooked areas like baseboards and light fixtures. A sparkling clean home looks well-maintained and inviting, giving buyers confidence in your property.
2. Declutter and Depersonalize
Buyers want to envision themselves living in your home, and that’s easier when the space feels open and neutral. Pack away personal items, family photos, and excessive décor. Declutter countertops, shelves, and closets to create a sense of spaciousness. A simple, clean aesthetic makes your home feel move-in ready.
3. Bring in the Light
Natural light is a major selling point, especially in spring! Open the curtains, pull up the blinds, and let the sunshine in. Swap out heavy drapes for light, airy fabrics and add mirrors to reflect light and make rooms feel bigger. If needed, replace dim light bulbs with brighter ones to create a warm and welcoming atmosphere.
4. Refresh with a Neutral Palette
Spring is all about fresh starts, and a neutral color scheme helps create a bright, open feel. Consider repainting any dark or bold walls in soft tones like whites, beiges, or light grays. If repainting isn’t an option, add neutral throw pillows, blankets, and décor to tone down strong colors.
5. Add a Touch of Spring with Décor
Subtle seasonal décor can enhance your home’s appeal. A vase of fresh flowers, a bowl of lemons on the kitchen counter, or pastel-colored accents can bring a lively, welcoming touch. Keep it simple—less is more when it comes to staging!
6. Focus on Curb Appeal
First impressions matter, and spring is the perfect time to make your home’s exterior shine. Power wash your driveway and siding, trim overgrown bushes, plant seasonal flowers, and add a fresh layer of mulch. A welcoming front porch with a new doormat and a potted plant can set the right tone before buyers even step inside.
7. Showcase Outdoor Living Spaces
Spring buyers are often thinking about summer entertaining, so highlight your outdoor areas. Stage your patio or deck with clean furniture, add some cozy outdoor cushions, and place a few potted plants around. A well-presented outdoor space helps buyers visualize themselves enjoying the home year-round.
8. Make Your Home Smell Fresh
Scent plays a big role in a buyer’s experience. Open windows for fresh air, use light, natural scents like lavender or citrus, and avoid overpowering air fresheners. Fresh flowers or a gently scented candle can make a home feel inviting without being overwhelming.
9. Highlight Key Features
If your home has standout features like a fireplace, large windows, or an updated kitchen, make sure they shine. Rearrange furniture to showcase focal points, and remove anything that might distract buyers from noticing these key selling points.
10. Keep It Show-Ready
Once your home is staged, keep it tidy and ready for last-minute showings. Have a plan in place for quickly tidying up—store away personal items, wipe down surfaces, and do a quick sweep before potential buyers arrive.
Spring is a fantastic time to sell, and with the right staging, your home can attract eager buyers looking for their perfect space. By following these simple tips, you’ll create an inviting atmosphere that makes a lasting impression. Happy selling!
