BON AIR AND HUGUENOT FARMS HOUSING MARKET DATA

There was a decrease in total units sold in July, with 46 sold this month in Bon Air and Huguenot Farms Real Estate versus 47 last month, a decrease of 2%. This month's total units sold was lower than at this time last year, a decrease of 19% versus July 2024.

Versus last year, the total number of homes available this month is lower by 13 units or 23%. The total number of active inventory this July was 43 compared to 56 in July 2024. This month's total of 43 is lower than the previous month's total supply of available inventory of 45, a decrease of 4%.

Last July, the median sale price for Bon Air and Huguenot Farms Homes was $439,950. This July, the median sale price was $448,250, an increase of 2% or $8,300 compared to last year. The current median sold price is 3% 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 0.9 months of supply available in Bon Air and Huguenot Farms. The amount of supply is similar compared to 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 36 homes newly listed for sale in Bon Air and Huguenot Farms compared to 52 in July 2024, a decrease of 31%. There were 34 current contracts pending sale this July compared to 43 a year ago. The number of current contracts is 21% lower than last July.

In July, the average sale price in Bon Air and Huguenot Farms was 101.9% of the average list price, which is 0.6% lower than at this time last year.

This month, the average number of days on market was 30, higher than the average last year, which was 13, an increase of 131%.





FOCUS ON: BON AIR AND HUGUENOT FARMS HOUSING MARKET			JULY 2025

Zip Code(s): 23235
Units Sold 46	Active Inventory 43	Median Sale Price $448,250	Days On Market 30

Down -19% Vs. Year Ago	Down -23% Vs. Year Ago	Up 2% Vs. Year Ago	Up 131% Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 46 sold this month in Bon Air and Huguenot Farms Real Estate versus 47 last month, a decrease of 2%. This month's total units sold was lower than at this time last year, a decrease of 19% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 13 units or 23%. The total number of active inventory this July was 43 compared to 56 in July 2024. This month's total of 43 is lower than the previous month's total supply of available inventory of 45, a decrease of 4%.
		Median Sale Price Last July, the median sale price for Bon Air and Huguenot Farms Homes was $439,950. This July, the median sale price was $448,250, an increase of 2% or $8,300 compared to last year. The current median sold price is 3% 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 36	Current Contracts 34	Sold Vs. List Price 101.9%	Months of Supply 0.9

Down -31% Vs. Year Ago	Down -21% Vs. Year Ago	Down -0.6% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In July, there was 0.9 months of supply available in Bon Air and Huguenot Farms. The amount of supply is similar compared to 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 36 homes newly listed for sale in Bon Air and Huguenot Farms compared to 52 in July 2024, a decrease of 31%. There were 34 current contracts pending sale this July compared to 43 a year ago. The number of current contracts is 21% lower than last July.
		Sale Price to List Price Ratio In July, the average sale price in Bon Air and Huguenot Farms was 101.9% of the average list price, which is 0.6% lower than at this time last year. Days on Market This month, the average number of days on market was 30, higher than the average last year, which was 13, an increase of 131%.


	Bon Air and Huguenot Farms are defined as properties listed in zip code/s 23235.
	*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.