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FOCUS ON: GRAFTON, SEAFORD, AND YORKTOWN HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 23690, 23692 and 23696 |
Units Sold
32 |
Active Inventory
77 |
Median Sale Price
$417,500 |
Days On Market
20 |
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Up 28%
Vs. Year Ago |
Up 43%
Vs. Year Ago |
Up 2%
Vs. Year Ago |
Down -23%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 32 sold this month in Grafton, Seaford, and Yorktown Real Estate versus 44 last month, a decrease of 27%. This month's total units sold was higher than at this time last year, an increase of 28% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 23 units or 43%. The total number of active inventory this July was 77 compared to 54 in July 2024. This month's total of 77 is higher than the previous month's total supply of available inventory of 74, an increase of 4%.
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Median Sale Price
Last July, the median sale price for Grafton, Seaford, and Yorktown Homes was $410,000. This July, the median sale price was $417,500, an increase of 2% or $7,500 compared to last year. The current median sold price is 13% lower 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.
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New Listings
53 |
Current Contracts
41 |
Sold Vs. List Price
100.1% |
Months of Supply
2.4 |
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Up 39%
Vs. Year Ago |
Up 58%
Vs. Year Ago |
Up 0.5%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
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Months of Supply
In July, there was 2.4 months of supply available in Grafton, Seaford, and Yorktown, compared to 2.2 in July 2024. That is an increase of 11% 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 53 homes newly listed for sale in Grafton, Seaford, and Yorktown compared to 38 in July 2024, an increase of 39%. There were 41 current contracts pending sale this July compared to 26 a year ago. The number of current contracts is 58% higher than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Grafton, Seaford, and Yorktown was 100.1% of the average list price, which is 0.5% higher than at this time last year.
Days on Market
This month, the average number of days on market was 20, lower than the average last year, which was 26, a decrease of 23%.
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Grafton, Seaford, and Yorktown are defined as properties listed in zip code/s 23690, 23692 and 23696. |
*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. |