NEWMARKET HOUSING MARKET DATA

There was an increase in total units sold in June, with 31 sold this month in Newmarket Real Estate versus 30 last month, an increase of 3%. This month's total units sold was lower than at this time last year, a decrease of 11% versus June 2024.

Versus last year, the total number of homes available this month is lower by 20 units or 18%. The total number of active inventory this June was 93 compared to 113 in June 2024. This month's total of 93 is lower than the previous month's total supply of available inventory of 96, a decrease of 3%.

Last June, the median sale price for Newmarket Homes was $230,000. This June, the median sale price was $244,000, an increase of 6% or $14,000 compared to last year. The current median sold price is 8% higher than in May.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In June, there was 3.0 months of supply available in Newmarket, compared to 3.2 in June 2024. That is a decrease of 7% 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 58 homes newly listed for sale in Newmarket compared to 63 in June 2024, a decrease of 8%. There were 46 current contracts pending sale this June compared to 33 a year ago. The number of current contracts is 39% higher than last June.

In June, the average sale price in Newmarket was 98.8% of the average list price, which is 1.1% lower than at this time last year.

This month, the average number of days on market was 37, lower than the average last year, which was 39, a decrease of 5%.





FOCUS ON: NEWMARKET HOUSING MARKET			JUNE 2025

Zip Code(s): 23607, 23609 and 23605
Units Sold 31	Active Inventory 93	Median Sale Price $244,000	Days On Market 37

Down -11% Vs. Year Ago	Down -18% Vs. Year Ago	Up 6% Vs. Year Ago	Down -5% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 31 sold this month in Newmarket Real Estate versus 30 last month, an increase of 3%. This month's total units sold was lower than at this time last year, a decrease of 11% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 20 units or 18%. The total number of active inventory this June was 93 compared to 113 in June 2024. This month's total of 93 is lower than the previous month's total supply of available inventory of 96, a decrease of 3%.
		Median Sale Price Last June, the median sale price for Newmarket Homes was $230,000. This June, the median sale price was $244,000, an increase of 6% or $14,000 compared to last year. The current median sold price is 8% higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 58	Current Contracts 46	Sold Vs. List Price 98.8%	Months of Supply 3.0

Down -8% Vs. Year Ago	Up 39% Vs. Year Ago	Down -1.1% Vs. Year Ago	Down -7% Vs. Year Ago


		Months of Supply In June, there was 3.0 months of supply available in Newmarket, compared to 3.2 in June 2024. That is a decrease of 7% 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 58 homes newly listed for sale in Newmarket compared to 63 in June 2024, a decrease of 8%. There were 46 current contracts pending sale this June compared to 33 a year ago. The number of current contracts is 39% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Newmarket was 98.8% of the average list price, which is 1.1% lower than at this time last year. Days on Market This month, the average number of days on market was 37, lower than the average last year, which was 39, a decrease of 5%.


	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.