The Long & Foster Market Minute

FOCUS ON: EDGEFIELD AND CHURCHLAND HOUSING MARKET JULY 2025

Zip Code(s): 23703
Units Sold
38
Active Inventory
53
Median Sale Price
$349,950
Days On Market
29
Down -3%
Vs. Year Ago
Down -21%
Vs. Year Ago
Up 8%
Vs. Year Ago
Up 7%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in July, with 38 sold this month in Edgefield and Churchland Real Estate versus 39 last month, a decrease of 3%. This month's total units sold was lower than at this time last year, a decrease of 3% versus July 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 14 units or 21%. The total number of active inventory this July was 53 compared to 67 in July 2024. This month's total of 53 is lower than the previous month's total supply of available inventory of 62, a decrease of 15%.

Median Sale Price
Last July, the median sale price for Edgefield and Churchland Homes was $325,000. This July, the median sale price was $349,950, an increase of 8% or $24,950 compared to last year. The current median sold price is 11% higher 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
40
Current Contracts
38
Sold Vs. List Price
99.8%
Months of Supply
1.4
Down -9%
Vs. Year Ago
Down -5%
Vs. Year Ago
No Change
Vs. Year Ago
Down -19%
Vs. Year Ago

Months of Supply
In July, there was 1.4 months of supply available in Edgefield and Churchland, compared to 1.7 in July 2024. That is a decrease of 19% 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 40 homes newly listed for sale in Edgefield and Churchland compared to 44 in July 2024, a decrease of 9%. There were 38 current contracts pending sale this July compared to 40 a year ago. The number of current contracts is 5% lower than last July.

Sale Price to List Price Ratio
In July, the average sale price in Edgefield and Churchland was 99.8% 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 29, higher than the average last year, which was 27, an increase of 7%.

The Long & Foster Market Minute 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.
REALTOR, Equal Opportunity HousingInformation 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.