NEWMARKET HOUSING MARKET DATA

There was an increase in total units sold in August, with 36 sold this month in Newmarket Real Estate versus 34 last month, an increase of 6%. This month's total units sold was lower than at this time last year, a decrease of 5% versus August 2024.

Versus last year, the total number of homes available this month is lower by 22 units or 18%. The total number of active inventory this August was 98 compared to 120 in August 2024. This month's total of 98 is higher than the previous month's total supply of available inventory of 96, an increase of 2%.

Last August, the median sale price for Newmarket Homes was $199,500. This August, the median sale price was $192,000, a decrease of 4% or $7,500 compared to last year. The current median sold price is 18% lower 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.

In August, there was 2.7 months of supply available in Newmarket, compared to 3.2 in August 2024. That is a decrease of 14% 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 55 homes newly listed for sale in Newmarket compared to 53 in August 2024, an increase of 4%. There were 40 current contracts pending sale this August compared to 37 a year ago. The number of current contracts is 8% higher than last August.

In August, the average sale price in Newmarket was 99.4% of the average list price, which is 0.7% higher than at this time last year.

This month, the average number of days on market was 32, lower than the average last year, which was 44, a decrease of 27%.





FOCUS ON: NEWMARKET HOUSING MARKET			AUGUST 2025

Zip Code(s): 23607, 23609 and 23605
Units Sold 36	Active Inventory 98	Median Sale Price $192,000	Days On Market 32

Down -5% Vs. Year Ago	Down -18% Vs. Year Ago	Down -4% Vs. Year Ago	Down -27% Vs. Year Ago


		Units Sold There was an increase in total units sold in August, with 36 sold this month in Newmarket Real Estate versus 34 last month, an increase of 6%. This month's total units sold was lower than at this time last year, a decrease of 5% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 22 units or 18%. The total number of active inventory this August was 98 compared to 120 in August 2024. This month's total of 98 is higher than the previous month's total supply of available inventory of 96, an increase of 2%.
		Median Sale Price Last August, the median sale price for Newmarket Homes was $199,500. This August, the median sale price was $192,000, a decrease of 4% or $7,500 compared to last year. The current median sold price is 18% lower 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.



New Listings 55	Current Contracts 40	Sold Vs. List Price 99.4%	Months of Supply 2.7

Up 4% Vs. Year Ago	Up 8% Vs. Year Ago	Up 0.7% Vs. Year Ago	Down -14% Vs. Year Ago


		Months of Supply In August, there was 2.7 months of supply available in Newmarket, compared to 3.2 in August 2024. That is a decrease of 14% 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 55 homes newly listed for sale in Newmarket compared to 53 in August 2024, an increase of 4%. There were 40 current contracts pending sale this August compared to 37 a year ago. The number of current contracts is 8% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Newmarket was 99.4% of the average list price, which is 0.7% higher than at this time last year. Days on Market This month, the average number of days on market was 32, lower than the average last year, which was 44, a decrease of 27%.


	Newmarket are defined as properties listed in zip code/s 23607, 23609 and 23605.
	*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.