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FOCUS ON: WARREN COUNTY HOUSING MARKET |
AUGUST 2025 |
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Units Sold
46 |
Active Inventory
145 |
Median Sale Price
$390,000 |
Days On Market
40 |
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Down -25%
Vs. Year Ago |
Down -16%
Vs. Year Ago |
Up 1%
Vs. Year Ago |
Up 29%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 46 sold this month in Warren County Real Estate versus 62 last month, a decrease of 26%. This month's total units sold was lower than at this time last year, a decrease of 25% versus August 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 27 units or 16%. The total number of active inventory this August was 145 compared to 172 in August 2024. This month's total of 145 is lower than the previous month's total supply of available inventory of 157, a decrease of 8%.
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Median Sale Price
Last August, the median sale price for Warren County Homes was $385,000. This August, the median sale price was $390,000, an increase of 1% or $5,000 compared to last year. The current median sold price is 2% lower than in July.
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
67 |
Current Contracts
55 |
Sold Vs. List Price
99.4% |
Months of Supply
3.2 |
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Down -6%
Vs. Year Ago |
Up 49%
Vs. Year Ago |
Up 1.4%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
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Months of Supply
In August, there was 3.2 months of supply available in Warren County, compared to 2.8 in August 2024. That is an increase of 12% 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 67 homes newly listed for sale in Warren County compared to 71 in August 2024, a decrease of 6%. There were 55 current contracts pending sale this August compared to 37 a year ago. The number of current contracts is 49% higher than last August.
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Sale Price to List Price Ratio
In August, the average sale price in Warren County was 99.4% of the average list price, which is 1.4% higher than at this time last year.
Days on Market
This month, the average number of days on market was 40, higher than the average last year, which was 31, an increase of 29%.
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*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. |