HALLAM AND WRIGHTSVILLE HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in July, with 36 sold this month in Hallam and Wrightsville Real Estate. This month's total units sold was lower than at this time last year, a decrease from July 2024.

Versus last year, the total number of homes available this month is lower by 16 units or 17%. The total number of active inventory this July was 77 compared to 93 in July 2024. This month's total of 77 is higher than the previous month's total supply of available inventory of 76, an increase of 1%.

Last July, the median sale price for Hallam and Wrightsville Homes was $290,000. This July, the median sale price was $322,500, an increase of 11% or $32,500 compared to last year. The current median sold price is 12% higher than in June.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In July, there was 2.1 months of supply available in Hallam and Wrightsville, compared to 1.9 in July 2024. That is an increase of 13% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 55 homes newly listed for sale in Hallam and Wrightsville compared to 54 in July 2024, an increase of 2%. There were 46 current contracts pending sale this July compared to 35 a year ago. The number of current contracts is 31% higher than last July.

In July, the average sale price in Hallam and Wrightsville was 100.3% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 15, lower than the average last year, which was 33. This decrease was impacted by the limited number of sales.





FOCUS ON: HALLAM AND WRIGHTSVILLE HOUSING MARKET			JULY 2025

Zip Code(s): 17406, 17368, 17318, 17317 and 17312
Units Sold 36	Active Inventory 77	Median Sale Price $322,500	Days On Market 15

Down Vs. Year Ago	Down -17% Vs. Year Ago	Up 11% Vs. Year Ago	Down Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in July, with 36 sold this month in Hallam and Wrightsville Real Estate. This month's total units sold was lower than at this time last year, a decrease from July 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 16 units or 17%. The total number of active inventory this July was 77 compared to 93 in July 2024. This month's total of 77 is higher than the previous month's total supply of available inventory of 76, an increase of 1%.
		Median Sale Price Last July, the median sale price for Hallam and Wrightsville Homes was $290,000. This July, the median sale price was $322,500, an increase of 11% or $32,500 compared to last year. The current median sold price is 12% higher than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 55	Current Contracts 46	Sold Vs. List Price 100.3%	Months of Supply 2.1

Up 2% Vs. Year Ago	Up 31% Vs. Year Ago	No Change Vs. Year Ago	Up 13% Vs. Year Ago


		Months of Supply In July, there was 2.1 months of supply available in Hallam and Wrightsville, compared to 1.9 in July 2024. That is an increase of 13% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 55 homes newly listed for sale in Hallam and Wrightsville compared to 54 in July 2024, an increase of 2%. There were 46 current contracts pending sale this July compared to 35 a year ago. The number of current contracts is 31% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Hallam and Wrightsville was 100.3% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 15, lower than the average last year, which was 33. This decrease was impacted by the limited number of sales.


	Hallam and Wrightsville are defined as properties listed in zip code/s 17406, 17368, 17318, 17317 and 17312.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.