CHESTERFIELD COURT HOUSE HOUSING MARKET DATA

There was an increase in total units sold in July, with 62 sold this month in Chesterfield Court House Real Estate versus 61 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 7% versus July 2024.

Versus last year, the total number of homes available this month is lower by 5 units or 4%. The total number of active inventory this July was 124 compared to 129 in July 2024. This month's total of 124 is higher than the previous month's total supply of available inventory of 118, an increase of 5%.

Last July, the median sale price for Chesterfield Court House Homes was $421,500. This July, the median sale price was $390,000, a decrease of 7% or $31,500 compared to last year. The current median sold price is 3% lower 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 2.0 months of supply available in Chesterfield Court House, compared to 2.2 in July 2024. That is a decrease 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 83 homes newly listed for sale in Chesterfield Court House compared to 72 in July 2024, an increase of 15%. There were 60 current contracts pending sale this July compared to 51 a year ago. The number of current contracts is 18% higher than last July.

In July, the average sale price in Chesterfield Court House was 99.9% of the average list price, which is 0.9% lower than at this time last year.

This month, the average number of days on market was 31, higher than the average last year, which was 20, an increase of 55%.





FOCUS ON: CHESTERFIELD COURT HOUSE HOUSING MARKET			JULY 2025

Zip Code(s): 23832
Units Sold 62	Active Inventory 124	Median Sale Price $390,000	Days On Market 31

Up 7% Vs. Year Ago	Down -4% Vs. Year Ago	Down -7% Vs. Year Ago	Up 55% Vs. Year Ago


		Units Sold There was an increase in total units sold in July, with 62 sold this month in Chesterfield Court House Real Estate versus 61 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 7% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 5 units or 4%. The total number of active inventory this July was 124 compared to 129 in July 2024. This month's total of 124 is higher than the previous month's total supply of available inventory of 118, an increase of 5%.
		Median Sale Price Last July, the median sale price for Chesterfield Court House Homes was $421,500. This July, the median sale price was $390,000, a decrease of 7% or $31,500 compared to last year. The current median sold price is 3% lower 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 83	Current Contracts 60	Sold Vs. List Price 99.9%	Months of Supply 2.0

Up 15% Vs. Year Ago	Up 18% Vs. Year Ago	Down -0.9% Vs. Year Ago	Down -10% Vs. Year Ago


		Months of Supply In July, there was 2.0 months of supply available in Chesterfield Court House, compared to 2.2 in July 2024. That is a decrease 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 83 homes newly listed for sale in Chesterfield Court House compared to 72 in July 2024, an increase of 15%. There were 60 current contracts pending sale this July compared to 51 a year ago. The number of current contracts is 18% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Chesterfield Court House was 99.9% of the average list price, which is 0.9% lower than at this time last year. Days on Market This month, the average number of days on market was 31, higher than the average last year, which was 20, an increase of 55%.


	Chesterfield Court House are defined as properties listed in zip code/s 23832.
	*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.