 |
|||
 |
|||
| | |||
| JUNE 2025 | |||
| | |||
| Zip Code(s): 23223 | |||
| Units Sold 62 |
Active Inventory 124 |
Median Sale Price $348,572 |
Days On Market 16 |
|
|
|
|
|
| Up 29% Vs. Year Ago |
Up 31% Vs. Year Ago |
Up 12% Vs. Year Ago |
Down -24% Vs. Year Ago |
| | |||
Units Sold
There was a decrease in total units sold in June, with 62 sold this month in East End Real Estate versus 63 last month, a decrease of 2%. This month's total units sold was higher than at this time last year, an increase of 29% versus June 2024. |
|||
Active Inventory
Versus last year, the total number of homes available this month is higher by 29 units or 31%. The total number of active inventory this June was 124 compared to 95 in June 2024. This month's total of 124 is higher than the previous month's total supply of available inventory of 121, an increase of 2%. |
|||
Median Sale Price
Last June, the median sale price for East End Homes was $312,578. This June, the median sale price was $348,572, an increase of 12% or $35,994 compared to last year. The current median sold price is 11% 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 63 |
Current Contracts 44 |
Sold Vs. List Price 100.6% |
Months of Supply 2.0 |
|
|
|
|
|
| Down -11% Vs. Year Ago |
Down -4% Vs. Year Ago |
No Change Vs. Year Ago |
No Change Vs. Year Ago |
| | |||
Months of Supply
In June, there was 2.0 months of supply available in East End. 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 63 homes newly listed for sale in East End compared to 71 in June 2024, a decrease of 11%. There were 44 current contracts pending sale this June compared to 46 a year ago. The number of current contracts is 4% lower than last June. |
|||
Sale Price to List Price Ratio
In June, the average sale price in East End was 100.6% 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 16, lower than the average last year, which was 21, a decrease of 24%. | |||
 |
East End are defined as properties listed in zip code/s 23223. | ||
| *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. |
|||