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| AUGUST 2025 | |||
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| Units Sold 64 |
Active Inventory 220 |
Median Sale Price $409,500 |
Days On Market 39 |
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| Up 2% Vs. Year Ago |
Up 9% Vs. Year Ago |
Up 2% Vs. Year Ago |
Down -15% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 64 sold this month in Bedford County Real Estate versus 95 last month, a decrease of 33%. This month's total units sold was higher than at this time last year, an increase of 2% versus August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 18 units or 9%. The total number of active inventory this August was 220 compared to 202 in August 2024. This month's total of 220 is lower than the previous month's total supply of available inventory of 227, a decrease of 3%. |
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Median Sale Price
Last August, the median sale price for Bedford County Homes was $400,000. This August, the median sale price was $409,500, an increase of 2% or $9,500 compared to last year. The current median sold price is 1% higher than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 104 |
Current Contracts 77 |
Sold Vs. List Price 98.8% |
Months of Supply 3.4 |
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| No Change Vs. Year Ago |
Up 12% Vs. Year Ago |
No Change Vs. Year Ago |
Up 7% Vs. Year Ago |
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Months of Supply
In August, there was 3.4 months of supply available in Bedford County, compared to 3.2 in August 2024. That is an increase of 7% 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. |
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New Listings & Current Contracts
This month there were 104 homes newly listed for sale in Bedford County, which is similar to the amount in August 2024. There were 77 current contracts pending sale this August compared to 69 a year ago. The number of current contracts is 12% higher than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Bedford County was 98.8% 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 39, lower than the average last year, which was 46, a decrease of 15%. | |||
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| *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 LAR 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 LAR or Long & Foster Real Estate, Inc. |
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