Montgomery County Housing Market Update - August 2025

by Rick Sheppard

 

Hello Montgomery County friends!

Hot off the press — the latest housing market numbers for Montgomery County are here! Be among the first to see how our local market performed in August, plus what’s happening nationally.

🌟 Market Highlights 

  • New Listings: 797 homes came on the market — down 8.1% from July and slightly under August 2024.
  • Pending Sales: 772 homes went under contract — down 5.9% from July, but still 1.7% higher year-over-year.
  • Closed Sales: 901 homes sold — holding steady compared to both July and August 2024.

πŸ’° Home Prices

  • Median sold price: $475,050 — about a 5% dip from July’s high, but up 2.2% compared to last August.
  • Year-to-date, prices remain roughly 5% ahead of 2024, affirming a broadly strong seller advantage.

πŸ“Š National Housing Perspective

Across the country, experts call this a “tale of two markets”:

  • South & West: More inventory and price cuts are giving buyers leverage.
  • Northeast & Midwest (including PA): Still tighter, though slowly shifting toward balance.
  • Mortgage rates have been stable all summer, which is good news for buyers and sellers alike.

πŸ“‰ Mortgage Rates – As of September 10, 2025 (Bankrate)

  • 30-year fixed (purchase): 6.46%
  • 15-year fixed (purchase): 5.66%
  • 30-year fixed refinance: 6.67%

πŸ‘‰ Rates are now near an 11-month low, creating fresh opportunities for buyers and those considering refinancing.

πŸ‚ Fall Buyer & Seller Guides – Just Released

The brand-new Fall editions of my guides are now available:

Grab your copy today to get expert insights and seasonal tips.

πŸ“ Request Your Free Market Snapshot

Want to know what’s happening in your neighborhood right now?

Get a personalized Market Snapshot that shows:

  • Active listings and current prices
  • Pending and closed sales in your area
  • Trends at the county, city, or neighborhood level

πŸ“² Click here to request your free Market Snapshot today — and be the first to know how your area is performing.

πŸ”Š Bottom Line

  • Sellers: Strong demand means well-priced homes are still moving quickly.
  • Buyers: More inventory + lower rates = a great time to explore options.

Let’s connect and make a plan that puts today’s market to work for you.

Stay well, friends — and enjoy the season! 😎

Rick

See how Chester County’s market stacked up in July by visiting:  chestercountyhousingreport.com.

Rick Sheppard
Rick Sheppard

Associate Broker | License ID: AB061272L

+1(610) 864-9872 | rick@ricksheppard.com

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