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| MAY 2025 | |||
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| Units Sold 57 |
Active Inventory 160 |
Median Sale Price $495,000 |
Days On Market 23 |
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| Down -3% Vs. Year Ago |
Up 5% Vs. Year Ago |
No Change Vs. Year Ago |
Up 44% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 57 sold this month in Culpeper County Real Estate versus 50 last month, an increase of 14%. This month's total units sold was lower than at this time last year, a decrease of 3% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 8 units or 5%. The total number of active inventory this May was 160 compared to 152 in May 2024. This month's total of 160 is lower than the previous month's total supply of available inventory of 166, a decrease of 4%. |
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Median Sale Price
Last May, the median sale price for Culpeper County Homes was $495,410. This May, the median sale price was $495,000, which is similar compared to a year ago. The current median sold price is 1% lower than in April. 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 74 |
Current Contracts 59 |
Sold Vs. List Price 100.7% |
Months of Supply 2.8 |
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| Down -24% Vs. Year Ago |
Down -12% Vs. Year Ago |
Up 1.2% Vs. Year Ago |
Up 9% Vs. Year Ago |
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Months of Supply
In May, there was 2.8 months of supply available in Culpeper County, compared to 2.6 in May 2024. That is an increase of 9% 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 74 homes newly listed for sale in Culpeper County compared to 98 in May 2024, a decrease of 24%. There were 59 current contracts pending sale this May compared to 67 a year ago. The number of current contracts is 12% lower than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Culpeper County was 100.7% of the average list price, which is 1.2% higher than at this time last year. Days on Market
This month, the average number of days on market was 23, higher than the average last year, which was 16, an increase of 44%. | |||
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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 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. |
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