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| AUGUST 2025 | |||
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| Units Sold 166 |
Active Inventory 347 |
Median Sale Price $299,900 |
Days On Market 33 |
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| Up 14% Vs. Year Ago |
Down -10% Vs. Year Ago |
Up 7% Vs. Year Ago |
Up 22% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 166 sold this month in Hampton City Real Estate versus 178 last month, a decrease of 7%. This month's total units sold was higher than at this time last year, an increase of 14% versus August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 38 units or 10%. The total number of active inventory this August was 347 compared to 385 in August 2024. This month's total of 347 is lower than the previous month's total supply of available inventory of 399, a decrease of 13%. |
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Median Sale Price
Last August, the median sale price for Hampton City Homes was $280,000. This August, the median sale price was $299,900, an increase of 7% or $19,900 compared to last year. The current median sold price is 3% higher than in July. 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 228 |
Current Contracts 206 |
Sold Vs. List Price 99.2% |
Months of Supply 2.1 |
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| Up 4% Vs. Year Ago |
Up 35% Vs. Year Ago |
No Change Vs. Year Ago |
Down -21% Vs. Year Ago |
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Months of Supply
In August, there was 2.1 months of supply available in Hampton City, compared to 2.7 in August 2024. That is a decrease of 21% 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 228 homes newly listed for sale in Hampton City compared to 220 in August 2024, an increase of 4%. There were 206 current contracts pending sale this August compared to 153 a year ago. The number of current contracts is 35% higher than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Hampton City was 99.2% 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 33, higher than the average last year, which was 27, an increase of 22%. | |||
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| *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. |
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