Is Inventory Finally Rising Across the Philly Region? This Week’s Housing Market Update

As we move into early March, the Philadelphia housing market is beginning to show early signs of the spring market transition. While buyer demand remains steady, several counties across the region are seeing an increase in new listings, giving buyers slightly more options than earlier in the winter.

Even with more homes coming to market, inventory remains relatively tight in many areas, keeping competition present for well-priced homes.

Here’s a look at what happened across the region this week.

Philadelphia County

Days on Market: 60 days
Units Sold: 748
Units Listed: 1,482
Current Inventory: 4,456

Philadelphia continues to lead the region in overall housing activity, with nearly 1,500 new listings hitting the market this week. While homes are taking about two months on average to sell, the city continues to see strong transaction volume. Inventory remains the highest in the region, but demand continues to absorb new listings as they arrive.

Montgomery County

Days on Market: 36 days
Units Sold: 403
Units Listed: 602
Current Inventory: 1,023

Montgomery County remains one of the fastest-moving markets in the region. Homes are selling in just over a month on average, and buyer demand remains strong as we head toward the spring buying season. New listings continue to increase, but inventory is still relatively balanced.

Bucks County

Days on Market: 32 days
Units Sold: 273
Units Listed: 489
Current Inventory: 714

Bucks County remains competitive, with homes selling in just over a month on average. The number of new listings continues to grow, offering buyers more choices while still maintaining steady demand throughout the county.

Delaware County

Days on Market: 43 days
Units Sold: 285
Units Listed: 445
Current Inventory: 805

Delaware County continues to see consistent market activity, with homes averaging about six weeks on market. Inventory levels remain moderate while sales volume continues to move at a steady pace.

Chester County

Days on Market: 51 days
Units Sold: 192
Units Listed: 269
Current Inventory: 483

Chester County remains one of the tighter inventory markets in the region. While homes are taking slightly longer to sell than some neighboring counties, limited inventory continues to keep the market competitive for well-positioned listings.

Camden County, NJ

Days on Market: 42 days
Units Sold: 286
Units Listed: 461
Current Inventory: 884

Camden County continues to see balanced market activity, with steady buyer demand and a consistent number of new listings entering the market. Homes are typically selling within six weeks on average.

Burlington County, NJ

Days on Market: 43 days
Units Sold: 247
Units Listed: 443
Current Inventory: 815

Burlington County remains stable as inventory gradually grows heading into the spring market. Sales activity continues at a healthy pace as buyers remain active throughout the county.

What This Means for Buyers and Sellers

The early stages of the spring market are beginning to take shape across the Philadelphia region. New listings are increasing across most counties, which is giving buyers slightly more opportunities than earlier this winter.

However, inventory levels remain relatively tight overall, meaning well-priced homes are still attracting strong interest from buyers.

For buyers, this means more options may continue to appear in the coming weeks. For sellers, preparation and pricing strategy will remain key to standing out as more homes enter the market.

If you're thinking about buying or selling this spring, now is a great time to start planning. Reach out today to get your journey started with one of our amazing real estate agents! 

*Source: Bright MLS Data*