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| FOCUS ON: EDGEFIELD AND CHURCHLAND HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 23703 |
Units Sold
37 |
Active Inventory
54 |
Median Sale Price
$305,000 |
Days On Market
46 |
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Up
Vs. Year Ago |
Down -8%
Vs. Year Ago |
Down -5%
Vs. Year Ago |
Up 44%
Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in September, with 37 sold this month in Edgefield and Churchland Real Estate. This month's total units sold was higher than at this time last year, an increase from September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 5 units or 8%. The total number of active inventory this September was 54 compared to 59 in September 2024. This month's total of 54 is lower than the previous month's total supply of available inventory of 64, a decrease of 16%.
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Median Sale Price
Last September, the median sale price for Edgefield and Churchland Homes was $322,500. This September, the median sale price was $305,000, a decrease of 5% or $17,500 compared to last year. The current median sold price is 8% 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
40 |
Current Contracts
46 |
Sold Vs. List Price
99.3% |
Months of Supply
1.5 |
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Down -2%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
No Change
Vs. Year Ago |
Down -23%
Vs. Year Ago |
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Months of Supply
In September, there was 1.5 months of supply available in Edgefield and Churchland, compared to 1.9 in September 2024. That is a decrease of 23% 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 40 homes newly listed for sale in Edgefield and Churchland compared to 41 in September 2024, a decrease of 2%. There were 46 current contracts pending sale this September compared to 41 a year ago. The number of current contracts is 12% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Edgefield and Churchland was 99.3% 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 46, higher than the average last year, which was 32, an increase of 44%.
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Edgefield and Churchland are defined as properties listed in zip code/s 23703. |
| *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 REIN 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 REIN or Long & Foster Real Estate, Inc. |