The Long & Foster Market Minute

FOCUS ON: STONEY BROOK ESTATES, CLIVEDEN, AND LEE HALL HOUSING MARKET JUNE 2025

Zip Code(s): 23608 and 23603
Units Sold
53
Active Inventory
91
Median Sale Price
$325,000
Days On Market
23
Up 10%
Vs. Year Ago
Up 2%
Vs. Year Ago
Up 7%
Vs. Year Ago
Down -26%
Vs. Year Ago

Units Sold
The number of units sold remained stable in June, with 53 sold this month in Stoney Brook Estates, Cliveden, and Lee Hall Real Estate. This month's total units sold was higher than at this time last year, an increase of 7% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 2 units or 2%. The total number of active inventory this June was 91 compared to 89 in June 2024. This month's total of 91 is lower than the previous month's total supply of available inventory of 108, a decrease of 16%.

Median Sale Price
Last June, the median sale price for Stoney Brook Estates, Cliveden, and Lee Hall Homes was $302,500. This June, the median sale price was $325,000, an increase of 7% or $22,500 compared to last year. The current median sold price is 6% 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
72
Current Contracts
73
Sold Vs. List Price
100.2%
Months of Supply
1.7
Up 7%
Vs. Year Ago
Up 70%
Vs. Year Ago
No Change
Vs. Year Ago
Down -7%
Vs. Year Ago

Months of Supply
In June, there was 1.7 months of supply available in Stoney Brook Estates, Cliveden, and Lee Hall, compared to 1.9 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 72 homes newly listed for sale in Stoney Brook Estates, Cliveden, and Lee Hall compared to 67 in June 2024, an increase of 7%. There were 73 current contracts pending sale this June compared to 43 a year ago. The number of current contracts is 70% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Stoney Brook Estates, Cliveden, and Lee Hall was 100.2% 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 23, lower than the average last year, which was 31, a decrease of 26%.

The Long & Foster Market Minute Stoney Brook Estates, Cliveden, and Lee Hall are defined as properties listed in zip code/s 23608 and 23603.
*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.
REALTOR, Equal Opportunity HousingInformation 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.