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FOCUS ON: REMINGTON, MIDLAND, AND SOUTHERN FAUQUIER COUNTY HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 20119, 20138, 20139, 22712, 22720, 22728, 22734 and 22742 |
Units Sold
33 |
Active Inventory
61 |
Median Sale Price
$552,500 |
Days On Market
21 |
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Up
Vs. Year Ago |
Up 24%
Vs. Year Ago |
Up 28%
Vs. Year Ago |
Up 40%
Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in June, with 33 sold this month in Remington, Midland, and Southern Fauquier County Real Estate. This month's total units sold was higher than at this time last year, an increase from June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 12 units or 24%. The total number of active inventory this June was 61 compared to 49 in June 2024. This month's total of 61 is lower than the previous month's total supply of available inventory of 74, a decrease of 18%.
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Median Sale Price
Last June, the median sale price for Remington, Midland, and Southern Fauquier County Homes was $430,000. This June, the median sale price was approximately the same at $552,500. The current median sold price is 28% higher than in June 2024.
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
30 |
Current Contracts
34 |
Sold Vs. List Price
99.9% |
Months of Supply
1.8 |
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Down -23%
Vs. Year Ago |
Up 21%
Vs. Year Ago |
Down -3.3%
Vs. Year Ago |
Down -24%
Vs. Year Ago |
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Months of Supply
In June, there was 1.8 months of supply available in Remington, Midland, and Southern Fauquier County, compared to 2.5 in June 2024. That is a decrease of 25% 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 30 homes newly listed for sale in Remington, Midland, and Southern Fauquier County compared to 39 in June 2024, a decrease of 23%. There were 34 current contracts pending sale this June compared to 28 a year ago. The number of current contracts is 21% higher than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Remington, Midland, and Southern Fauquier County was 99.9% of the average list price, which is 3.5% lower than at this time last year.
Days on Market
This month, the average number of days on market was 21, higher than the average last year, which was 15, an increase of 40%.
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Remington, Midland, and Southern Fauquier County are defined as properties listed in zip code/s 20119, 20138, 20139, 22712, 22720, 22728, 22734 and 22742. |
*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. |