The Philadelphia housing market saw a wave of new listings in late October, with new listings up in five of the seven counties we track since our last update on October 21, 2026. At the same time, closed sales eased in six of seven counties, according to the latest Bright MLS data pulled November 4, 2026. Here is what changed across Philadelphia, the Pennsylvania suburbs, and South Jersey.
Key Takeaways This Week
- New listings rose in 5 of 7 counties since October 21, led by Bucks County, where 784 homes were listed, up 134.
- Closed sales eased in 6 of 7 counties, with 3,680 homes sold across the region, down 221; Bucks County was the only county to post a gain (537, up 7).
- Montgomery County homes are selling fastest at 27 days on market, while regional inventory dipped to 13,950 homes, down 96.
Philadelphia-Area Housing Market at a Glance
Figures from Bright MLS, pulled November 4, 2026. Changes in parentheses are since our last update on October 21, 2026.
County | Units Sold | New Listings | Inventory | Days on Market |
|---|---|---|---|---|
Philadelphia, PA | 987 (-45) | 2,142 (+34) | 6,280 (+16) | 46 (-2) |
Bucks, PA | 537 (+7) | 784 (+134) | 1,326 (-22) | 28 (-1) |
Montgomery, PA | 716 (-31) | 988 (+48) | 1,724 (-14) | 27 (+2) |
Delaware, PA | 399 (-5) | 637 (+1) | 1,228 (-64) | 32 (+5) |
Burlington, NJ | 392 (-58) | 619 (-8) | 1,264 (-28) | 36 (-1) |
Camden, NJ | 381 (-65) | 606 (-7) | 1,333 (0) | 38 (+6) |
Gloucester, NJ | 268 (-24) | 440 (+43) | 795 (+16) | 35 (+2) |
Philadelphia County Housing Market
Philadelphia recorded 987 units sold, down 45 since October 21, while new listings rose by 34 to 2,142. Inventory edged up to 6,280 homes (+16), and the average days on market improved to 46, down 2 days. Buyers exploring the city can browse neighborhoods like Northern Liberties, Fairmount, and Queen Village.
Bucks County Housing Market
Bucks County was the region's standout, with 537 units sold (+7) and new listings jumping 134 to 784. Even with that surge of new listings, inventory slipped to 1,326 homes (-22), and days on market dropped to 28 (-1). Search current Bucks County listings.
Montgomery County Housing Market
Montgomery County homes are still selling the fastest in the region at 27 days on market, up 2 days. Units sold eased to 716 (-31), new listings rose to 988 (+48), and inventory dipped to 1,724 (-14). Explore Main Line communities like Ardmore, Narberth, and Gladwyne.
Delaware County Housing Market
Delaware County saw 399 units sold (-5) and 637 new listings (+1). Inventory posted the largest decline in the region, falling 64 to 1,228 homes, while days on market rose to 32 (+5). Learn more about Media, Newtown Square, and Glen Mills.
Burlington County Housing Market
Burlington County recorded 392 units sold, down 58, and 619 new listings (-8). Inventory fell to 1,264 homes (-28), and days on market improved slightly to 36 (-1). See what is available in Moorestown, Cinnaminson, and Medford.
Camden County Housing Market
Camden County posted 381 units sold, down 65, the largest drop in sales this update. New listings eased to 606 (-7), inventory held steady at 1,333 homes, and days on market rose to 38 (+6). Explore Haddonfield, Collingswood, and Voorhees.
Gloucester County Housing Market
Gloucester County saw 268 units sold (-24) while new listings climbed 43 to 440. Inventory rose to 795 homes (+16), and days on market ticked up to 35 (+2). Search current Gloucester County listings.
Mortgage Rates This Week
According to the Freddie Mac Primary Mortgage Market Survey, the 30-year fixed-rate mortgage averaged 7.24% for the week ending October 29, 2026, down from 7.32% the prior week. A dip of 0.08 percentage points can make a modest difference in monthly payments, so it is worth checking your numbers with a lender before you shop.
What This Means for Buyers
More new listings in five of seven counties means more fresh options heading into November, especially in Bucks, Montgomery, and Gloucester counties. With sales easing in most counties and rates down slightly from the prior week, buyers may find a little more room to compare homes and negotiate. Start your home search here.
What This Means for Sellers
New listings are rising, so pricing and presentation matter more than ever to stand out. Inventory fell in four counties, and Montgomery and Bucks homes are still selling in under 30 days, which shows well-priced homes continue to move. Find out what your home is worth.
Frequently Asked Questions
Is the Philadelphia housing market slowing down?
Closed sales eased in six of seven counties since October 21, with 3,680 homes sold across the region (down 221). However, new listings rose to 6,216 regionwide (up 245), and Philadelphia's days on market improved to 46, so the market is shifting rather than stalling.
Which county near Philadelphia has the fastest-selling homes right now?
Montgomery County has the fastest-selling homes at 27 days on market, followed closely by Bucks County at 28 days.
How much inventory is on the market in Philadelphia?
Philadelphia County had 6,280 homes in current inventory as of November 4, 2026, up 16 since October 21. Across all seven counties, inventory totaled 13,950 homes.
Thinking about buying or selling in Philadelphia, the Main Line, or South Jersey? The Rarity Real Estate Team can help you read the numbers for your neighborhood and build a plan. Contact our team or request a free home valuation.
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About the Author
Jim Roche is the CEO of The Rarity Real Estate Team, a KW Empower team that has surpassed $1 billion in closed sales across Greater Philadelphia, the Main Line, and South Jersey. A Northeast Philadelphia native and Penn State graduate, Jim has been recognized by Philly Magazine as a top producer and real estate Power Player. PA License #RS332204.
Source: Bright MLS. Data pulled November 4, 2026. Mortgage rates: Freddie Mac Primary Mortgage Market Survey, week ending October 29, 2026.