MARSHALL, MARKHAM, AND NORTHERN FAUQUIER COUNTY HOUSING MARKET DATA

With relatively few transactions, there was a decrease in total units sold in July, with 25 sold this month in Marshall, Markham, and Northern Fauquier County Real Estate. This month's total units sold was lower than at this time last year, a decrease from July 2024.

Versus last year, the total number of homes available this month is lower by 5 units or 6%. The total number of active inventory this July was 74 compared to 79 in July 2024. This month's total of 74 is lower than the previous month's total supply of available inventory of 89, a decrease of 17%.

Last July, the median sale price for Marshall, Markham, and Northern Fauquier County Homes was $622,500. This July, the median sale price was $725,000, an increase of 16% or $102,500 compared to last year. The current median sold price is 19% 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.

In July, there was 3.0 months of supply available in Marshall, Markham, and Northern Fauquier County, compared to 2.5 in July 2024. That is an increase of 20% 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.

This month there were 28 homes newly listed for sale in Marshall, Markham, and Northern Fauquier County compared to 29 in July 2024, a decrease of 3%. There were 31 current contracts pending sale this July compared to 23 a year ago. The number of current contracts is 35% higher than last July.

In July, the average sale price in Marshall, Markham, and Northern Fauquier County was 97.0% of the average list price, which is 1.3% lower than at this time last year.

This month, the average number of days on market was 36, lower than the average last year, which was 38, a decrease of 5%.





FOCUS ON: MARSHALL, MARKHAM, AND NORTHERN FAUQUIER COUNTY HOUSING MARKET			JULY 2025

Zip Code(s): 20137, 20198, 20115, 22639, 20140, 20184, 20185, 20144, 22643 and 22642
Units Sold 25	Active Inventory 74	Median Sale Price $725,000	Days On Market 36

Down Vs. Year Ago	Down -6% Vs. Year Ago	Up 16% Vs. Year Ago	Down -5% Vs. Year Ago


		Units Sold With relatively few transactions, there was a decrease in total units sold in July, with 25 sold this month in Marshall, Markham, and Northern Fauquier County Real Estate. This month's total units sold was lower than at this time last year, a decrease from July 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 5 units or 6%. The total number of active inventory this July was 74 compared to 79 in July 2024. This month's total of 74 is lower than the previous month's total supply of available inventory of 89, a decrease of 17%.
		Median Sale Price Last July, the median sale price for Marshall, Markham, and Northern Fauquier County Homes was $622,500. This July, the median sale price was $725,000, an increase of 16% or $102,500 compared to last year. The current median sold price is 19% 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 28	Current Contracts 31	Sold Vs. List Price 97.0%	Months of Supply 3.0

Down -3% Vs. Year Ago	Up 35% Vs. Year Ago	Down -1.4% Vs. Year Ago	Up 20% Vs. Year Ago


		Months of Supply In July, there was 3.0 months of supply available in Marshall, Markham, and Northern Fauquier County, compared to 2.5 in July 2024. That is an increase of 20% 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 28 homes newly listed for sale in Marshall, Markham, and Northern Fauquier County compared to 29 in July 2024, a decrease of 3%. There were 31 current contracts pending sale this July compared to 23 a year ago. The number of current contracts is 35% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Marshall, Markham, and Northern Fauquier County was 97.0% of the average list price, which is 1.3% lower than at this time last year. Days on Market This month, the average number of days on market was 36, lower than the average last year, which was 38, a decrease of 5%.


	Marshall, Markham, and Northern Fauquier County are defined as properties listed in zip code/s 20137, 20198, 20115, 22639, 20140, 20184, 20185, 20144, 22643 and 22642.
	*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 BRIGHTMLS 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 BRIGHTMLS or Long & Foster Real Estate, Inc.