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| SEPTEMBER 2025 | |||
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| Zip Code(s): 23223 | |||
| Units Sold 38 |
Active Inventory 117 |
Median Sale Price $297,000 |
Days On Market 35 |
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| Down -21% Vs. Year Ago |
Up 6% Vs. Year Ago |
Down -7% Vs. Year Ago |
Up 40% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 38 sold this month in East End Real Estate versus 46 last month, a decrease of 17%. This month's total units sold was lower than at this time last year, a decrease of 21% versus September 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 7 units or 6%. The total number of active inventory this September was 117 compared to 110 in September 2024. This month's total of 117 is lower than the previous month's total supply of available inventory of 122, a decrease of 4%. |
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Median Sale Price
Last September, the median sale price for East End Homes was $319,945. This September, the median sale price was $297,000, a decrease of 7% or $22,945 compared to last year. The current median sold price is 9% lower than in August. 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 72 |
Current Contracts 46 |
Sold Vs. List Price 97.9% |
Months of Supply 3.1 |
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| Up 18% Vs. Year Ago |
Up 21% Vs. Year Ago |
Down -1.2% Vs. Year Ago |
Up 34% Vs. Year Ago |
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Months of Supply
In September, there was 3.1 months of supply available in East End, compared to 2.3 in September 2024. That is an increase of 34% 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 72 homes newly listed for sale in East End compared to 61 in September 2024, an increase of 18%. There were 46 current contracts pending sale this September compared to 38 a year ago. The number of current contracts is 21% higher than last September. |
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Sale Price to List Price Ratio
In September, the average sale price in East End was 97.9% of the average list price, which is 1.2% lower than at this time last year. Days on Market
This month, the average number of days on market was 35, higher than the average last year, which was 25, an increase of 40%. | |||
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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. |
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