BLACKWELL AND BROAD ROCK HOUSING MARKET DATA

There was an increase in total units sold in June, with 35 sold this month in Blackwell and Broad Rock Real Estate, an increase of 30%. This month's total units sold is similar compared to a year ago.

Versus last year, the total number of homes available this month is higher by 8 units or 10%. The total number of active inventory this June was 86 compared to 78 in June 2024. This month's total of 86 is higher than the previous month's total supply of available inventory of 82, an increase of 5%.

Last June, the median sale price for Blackwell and Broad Rock Homes was $280,000. This June, the median sale price was $264,000, a decrease of 6% or $16,000 compared to last year. The current median sold price is 4% higher than in May.

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

In June, there was 2.5 months of supply available in Blackwell and Broad Rock, compared to 2.2 in June 2024. That is an increase of 10% 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 56 homes newly listed for sale in Blackwell and Broad Rock compared to 39 in June 2024, an increase of 44%. There were 37 current contracts pending sale this June, consistent with the volume a year ago. The number of current contracts is 9% higher than last month.

In June, the average sale price in Blackwell and Broad Rock was 101.6% of the average list price, which is 2.1% higher than at this time last year.

This month, the average number of days on market was 28, which is similar compared to a year ago.





FOCUS ON: BLACKWELL AND BROAD ROCK HOUSING MARKET			JUNE 2025

Zip Code(s): 23224
Units Sold 35	Active Inventory 86	Median Sale Price $264,000	Days On Market 28

No Change Vs. Year Ago	Up 10% Vs. Year Ago	Down -6% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 35 sold this month in Blackwell and Broad Rock Real Estate, an increase of 30%. This month's total units sold is similar compared to a year ago.
Active Inventory Versus last year, the total number of homes available this month is higher by 8 units or 10%. The total number of active inventory this June was 86 compared to 78 in June 2024. This month's total of 86 is higher than the previous month's total supply of available inventory of 82, an increase of 5%.
		Median Sale Price Last June, the median sale price for Blackwell and Broad Rock Homes was $280,000. This June, the median sale price was $264,000, a decrease of 6% or $16,000 compared to last year. The current median sold price is 4% higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 56	Current Contracts 37	Sold Vs. List Price 101.6%	Months of Supply 2.5

Up 44% Vs. Year Ago	No Change Vs. Year Ago	Up 2.1% Vs. Year Ago	Up 10% Vs. Year Ago


		Months of Supply In June, there was 2.5 months of supply available in Blackwell and Broad Rock, compared to 2.2 in June 2024. That is an increase of 10% 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 56 homes newly listed for sale in Blackwell and Broad Rock compared to 39 in June 2024, an increase of 44%. There were 37 current contracts pending sale this June, consistent with the volume a year ago. The number of current contracts is 9% higher than last month.
		Sale Price to List Price Ratio In June, the average sale price in Blackwell and Broad Rock was 101.6% of the average list price, which is 2.1% higher than at this time last year. Days on Market This month, the average number of days on market was 28, which is similar compared to a year ago.


	Blackwell and Broad Rock are defined as properties listed in zip code/s 23224.
	*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 CVRMLS 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 CVRMLS or Long & Foster Real Estate, Inc.