November 2025 Market Statistics
November 2025 Market Statistics
As the real estate market moved deeper into the fall season, November 2025 reflected the expected seasonal slowdown, paired with continued price stability across much of Pennsylvania and New Jersey. While closed sales and new listings declined in many counties compared to October, buyer demand remained present—especially for well-priced, move-in-ready homes. Inventory levels continued to rise in several markets, offering buyers more options while keeping sellers in a favorable position overall.
Here’s a closer look at how each local market performed in November.
Bucks County, PA
Bucks County experienced a seasonal dip in activity, with closed sales down 5.1% year-over-year. The median sold price declined to $475,000, down 5% from last November, though year-to-date prices remain higher than 2024. Homes continued to sell quickly, with a median of 11 days on market, and inventory increased modestly to 1.39 months of supply, maintaining a competitive environment for sellers.
Montgomery County, PA
Montgomery County saw a more pronounced slowdown, with closed sales down 16.6% compared to November 2024. Despite fewer transactions, prices held steady, with the median sold price rising 1.3% to $456,000. Homes sold in a median of 9 days, and inventory expanded 13.1%, providing buyers with more selection heading into winter.
Chester County, PA
Chester County continued to show resilience in pricing. Although closed sales declined 4.7%, the median sold price increased 7.3% to $561,232, reflecting sustained demand in higher-price segments. Active listings rose 13.7%, and homes spent a median of 10 days on market, signaling a slightly more balanced but still competitive market.
Berks County, PA
Berks County remained one of the most active and affordable markets in the region. Median prices rose 3% year-over-year to $283,500, while homes sold quickly at a median of 11 days. Although closed sales declined 6.1%, pending sales increased more than 15%, pointing to continued momentum heading into December. Inventory rose to 1.36 months, still firmly favoring sellers.
Philadelphia County, PA
Philadelphia’s market reflected typical late-fall conditions. Closed sales fell 7.4%, while the median sold price increased 4.5% to $280,000. Homes spent a median of 27 days on market, slightly longer than earlier in the fall, and inventory edged up to 3.82 months, giving buyers more flexibility in negotiations.
Greater Lehigh Valley (GLVR)
The Lehigh Valley saw moderated activity in November, with closed sales declining month-over-month while prices remained stable. Inventory continued to stay tight relative to demand, keeping the region competitive. Even with fewer transactions, buyer interest remained steady for well-priced listings, especially in suburban and commuter-friendly areas.
Pocono Mountains Association of REALTORS® (PMAR)
In the Poconos, closed sales dipped slightly, and median prices declined year-over-year for the month. However, rolling 12-month figures continue to show strong appreciation overall. Days on market increased, reflecting a more seasonal pace, while inventory rose to approximately four months of supply, signaling a shift toward balance in this traditionally second-home-driven market.
Mercer County, NJ
Mercer County saw a notable contrast between pricing and sales activity. Closed sales declined 11.4%, but the median sold price jumped 13% to $452,000. Inventory expanded significantly—up nearly 26% year-over-year—providing buyers with more options while prices remained firm.
Hunterdon County, NJ
Hunterdon County recorded fewer overall transactions, with closed sales down 25%, reflecting the county’s smaller and more seasonal market. The median price softened to $680,000, while days on market increased to 24 days, signaling a slower pace. Inventory declined slightly, keeping supply relatively tight compared to demand.
Ocean County, NJ
Along the Jersey Shore, prices continued to climb, with the median sold price up 7.7% to $576,000. Closed sales dipped slightly, but pending sales increased, suggesting continued interest even as seasonal demand cools. Homes spent 38 days on market, longer than earlier in the year but consistent with late-fall norms.
Overall Takeaway
November 2025 marked a seasonal shift rather than a market downturn. Across Pennsylvania and New Jersey, prices remained resilient, inventory levels continued to improve, and buyer demand persisted—particularly for homes that are well-priced and well-presented.
As the year comes to a close, the market is showing signs of greater balance, setting the stage for renewed activity in early 2026.
October 2025 Market Statistics
October 2025 Market Statistics
As the fall season continued, housing markets across Pennsylvania and New Jersey held steady, showing both resilience and seasonal moderation. While mortgage rates and affordability challenges persisted, demand for well-priced homes remained firm across most counties. Modest inventory growth in select areas has started to balance conditions, providing more opportunities for buyers while sustaining healthy prices for sellers.
Below is a breakdown of how local markets performed in October 2025.
Bucks County, PA
Bucks County saw a 6.4% increase in closed sales and an 8.5% rise in median price, reaching $510,000. New listings jumped 16.9%, and homes sold in a median of 10 days, just one day longer than last year. Active listings rose 4.1%, holding at a 1.58-month supply, suggesting a strong but stabilizing seller’s market.
Montgomery County, PA
In Montgomery County, sales held nearly even year-over-year, with 734 closed sales (down just 1.1%) and a 1.5% price increase to $445,000. Homes continued to sell quickly, with a median of 10 days on market, and inventory rose 16.6%, signaling gradual improvement in availability heading into winter.
Chester County, PA
Chester County experienced a 5.2% dip in closed sales, though prices climbed 3.8% to $545,000. New listings were up 8.3%, while active listings increased nearly 20%. Homes spent a median of 10 days on market, consistent with September, reflecting ongoing buyer competition for quality listings.
Berks County, PA
Berks County saw strong gains in October. Closed sales increased 13.6%, while the median price rose 4.2% to $291,250. Inventory expanded sharply—active listings were up 30.9%, giving buyers more choices. Homes sold in an average of 8 days, maintaining one of the fastest turnarounds in the region.
Philadelphia County, PA
Philadelphia’s market showed encouraging signs of stability. Median prices climbed 5.6% to $285,000, and closed sales held firm at 1,121, just 2.3% below last year. Properties sold in a median of 25 days, unchanged year-over-year, while inventory grew slightly, supporting a more balanced city market.
Greater Lehigh Valley (GLVR)
In the Lehigh Valley, activity slowed modestly after a strong summer. Closed sales dipped 4.8%, while pending sales increased 3.1%. The median price rose 1.9% to $353,750, and homes averaged 20 days on market, up slightly from last year. The months’ supply decreased to 1.4, keeping conditions competitive for buyers.
Pocono Mountains Association of REALTORS® (PMAR)
The Poconos market remained active, with closed sales down just 2% year-over-year and median prices up 6.5% to $355,000. New listings declined, but homes continued selling faster than earlier in the year, averaging about 45 days on market. The region’s popularity for both vacation and full-time living continues to sustain steady demand.
Mercer County, NJ
Mercer County experienced a slight cooling in October, with closed sales down 19.3%, while prices eased 3% to $436,500. New listings climbed nearly 25%, improving inventory to a 2.37-month supply. Homes sold in an average of 22 days, still signaling healthy activity even amid seasonal slowdown.
Hunterdon County, NJ
Hunterdon County’s small but dynamic market reflected seasonal shifts. Closed sales rose 16.7%, but the median price fell 11.4% year-over-year to $747,500. Homes took longer to sell, averaging 66 days on market, and new listings were down 29%, tightening inventory to just under 4 months of supply.
Ocean County, NJ
The Jersey Shore market remained lively. Closed sales were up 8.2%, and the median price increased 4.9% to $545,000. Homes sold quickly, in an average of 27 days, and active listings climbed 9%, offering more balance for buyers as the year winds down.
Overall Takeaway
Across the region, October 2025 marked a steady and balanced market, with price growth moderating and inventory levels inching higher. While some counties are experiencing slower transaction volumes typical of late fall, the market remains defined by resilient buyer demand and stable pricing.
With 2025 drawing to a close, local experts are optimistic that these trends will set the stage for a healthy, more balanced housing environment heading into 2026.