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| JULY 2025 | |||
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| Zip Code(s): 20119, 20138, 20139, 22712, 22720, 22728, 22734 and 22742 | |||
| Units Sold 22 |
Active Inventory 70 |
Median Sale Price $611,968 |
Days On Market 35 |
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| Down Vs. Year Ago |
Up 43% Vs. Year Ago |
Up Vs. Year Ago |
Up Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in July, with 22 sold this month in Remington, Midland, and Southern Fauquier County Real Estate. This month's total units sold was lower than at this time last year, a decrease from July 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 21 units or 43%. The total number of active inventory this July was 70 compared to 49 in July 2024. This month's total of 70 is higher than the previous month's total supply of available inventory of 64, an increase of 9%. |
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Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last July, the median sale price for Remington, Midland, and Southern Fauquier County Homes was $476,000. This July, the median sale price was $611,968, an increase of $135,968 compared to last year. The current median sold price is 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. |
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| New Listings 37 |
Current Contracts 18 |
Sold Vs. List Price 98.9% |
Months of Supply 3.2 |
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| Up 12% Vs. Year Ago |
Down -36% Vs. Year Ago |
No Change Vs. Year Ago |
Up 101% Vs. Year Ago |
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Months of Supply
In July, there was 3.2 months of supply available in Remington, Midland, and Southern Fauquier County, compared to 1.6 in July 2024. That is an increase of 101% 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 37 homes newly listed for sale in Remington, Midland, and Southern Fauquier County compared to 33 in July 2024, an increase of 12%. There were 18 current contracts pending sale this July compared to 28 a year ago. The number of current contracts is 36% lower than last July. |
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Sale Price to List Price Ratio
In July, the average sale price in Remington, Midland, and Southern Fauquier County was 98.9% 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 35, higher than the average last year, which was 14. This increase was impacted by the limited number of sales. | |||
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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. |
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