The greater Philadelphia real estate market, including Bucks, Chester, Delaware, Montgomery and Philadelphia counties, is seeing positive trends, according to The Long & Foster Market Minute reports. Median sale prices stayed fairly stable in much of the area, and homes continue to sell at a solid pace.

The Long & Foster Market Minute reports are compiled from data from residential real estate transactions within specific geographic regions, not just Long & Foster sales.

The median sale price increased or stayed steady in some areas of the Philadelphia region in June compared to the same month in 2013. Chester County experienced a 4 percent increase, while Delaware and Montgomery counties saw no change. Bucks County experienced a 3 percent decrease and Philadelphia County experienced a 6 percent drop in median sale price.

Inventory remained fairly low throughout most of the region in June. Delaware County experienced a 5 percent decrease, followed by Philadelphia County with a 4 percent decrease. Chester County saw no change in active inventory, and Bucks and Montgomery counties saw increases of 3 percent and 5 percent, respectively.

Although the number of units sold decreased in most of the area, Montgomery County experienced a 1 percent increase. Homes in the region are continuing to sell in about two to three months on average. According to June data, the days on market (DOM) average was 58 days in Montgomery County and 59 days in Chester County. Other areas experienced DOM averages from 64 to 71 days.

“We’re now halfway through 2014, and this year has brought many positive developments like increasing sale prices and quick home sales,” said Jeffrey S. Detwiler, president and chief operating officer for The Long & Foster Companies. “Overall, the market is stabilizing and that will help keep the industry healthy and ready for future growth.”

The Long & Foster Market Minute is an overview of market statistics based on residential real estate transactions and presented at the county level. The easy-to-read and easy-to-share reports include information about each area’s units sold, active inventory, median sale prices, months of supply, new listings, new contracts, list to sold price ratio, and days on market. Featuring reports for more than 500 local areas and neighborhoods in addition to more than 100 counties in eight states, The Long & Foster Market Minute is offered to buyers and sellers as they aim to make well-informed real estate decisions.

The Long & Foster Market Minute reports are available at www.LongandFoster.com, and you can subscribe to free updates for the reports in which you’re interested.