The Long & Foster Market Minute

FOCUS ON: TUCKAHOE HOUSING MARKET JUNE 2025

Zip Code(s): 23229
Units Sold
46
Active Inventory
39
Median Sale Price
$501,250
Days On Market
12
Up
Vs. Year Ago
Up 15%
Vs. Year Ago
Down -24%
Vs. Year Ago
Up 71%
Vs. Year Ago

Units Sold
There was an increase in total units sold in June, with 46 sold this month in Tuckahoe Real Estate. This month's total units sold was higher than at this time last year.

Active Inventory
Versus last year, the total number of homes available this month is higher by 5 units or 15%. The total number of active inventory this June was 39 compared to 34 in June 2024. This month's total of 39 is lower than the previous month's total supply of available inventory of 45, a decrease of 13%.

Median Sale Price
Last June, the median sale price for Tuckahoe Homes was $655,500. This June, the median sale price was $501,250, a decrease of 24% or $154,250 compared to last year. The current median sold price is 1% 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
43
Current Contracts
41
Sold Vs. List Price
105.8%
Months of Supply
0.8
Up 10%
Vs. Year Ago
Up 24%
Vs. Year Ago
Down -1.8%
Vs. Year Ago
Down -27%
Vs. Year Ago

Months of Supply
In June, there was 0.8 months of supply available in Tuckahoe, compared to 1.2 in June 2024. That is a decrease of 28% 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 43 homes newly listed for sale in Tuckahoe compared to 39 in June 2024, an increase of 10%. There were 41 current contracts pending sale this June compared to 33 a year ago. The number of current contracts is 24% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Tuckahoe was 105.8% of the average list price, which is 1.9% lower than at this time last year.

Days on Market
This month, the average number of days on market was 12, higher than the average last year, which was 7, an increase of 71%.

The Long & Foster Market Minute Tuckahoe are defined as properties listed in zip code/s 23229.
*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 CVRMLS 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 CVRMLS or Long & Foster Real Estate, Inc.