WESTOVER HILLS HOUSING MARKET DATA

There was an increase in total units sold in June, with 44 sold this month in Westover Hills Real Estate versus 41 last month, an increase of 7%. This month's total units sold was lower than at this time last year, a decrease of 15% versus June 2024.

Versus last year, the total number of homes available this month is higher by 5 units or 9%. The total number of active inventory this June was 62 compared to 57 in June 2024. This month's total of 62 is higher than the previous month's total supply of available inventory of 56, an increase of 11%.

Last June, the median sale price for Westover Hills Homes was $421,750. This June, the median sale price was $432,000, an increase of 2% or $10,250 compared to last year. The current median sold price is 3% lower 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.

In June, there was 1.4 months of supply available in Westover Hills, compared to 1.1 in June 2024. That is an increase of 29% 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.

This month there were 44 homes newly listed for sale in Westover Hills compared to 46 in June 2024, a decrease of 4%. There were 31 current contracts pending sale this June compared to 45 a year ago. The number of current contracts is 31% lower than last June.

In June, the average sale price in Westover Hills was 105.7% of the average list price, which is 4.0% higher than at this time last year.

This month, the average number of days on market was 18, higher than the average last year, which was 17, an increase of 6%.





FOCUS ON: WESTOVER HILLS HOUSING MARKET			JUNE 2025

Zip Code(s): 23225
Units Sold 44	Active Inventory 62	Median Sale Price $432,000	Days On Market 18

Down -15% Vs. Year Ago	Up 9% Vs. Year Ago	Up 2% Vs. Year Ago	Up 6% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 44 sold this month in Westover Hills Real Estate versus 41 last month, an increase of 7%. This month's total units sold was lower than at this time last year, a decrease of 15% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 5 units or 9%. The total number of active inventory this June was 62 compared to 57 in June 2024. This month's total of 62 is higher than the previous month's total supply of available inventory of 56, an increase of 11%.
		Median Sale Price Last June, the median sale price for Westover Hills Homes was $421,750. This June, the median sale price was $432,000, an increase of 2% or $10,250 compared to last year. The current median sold price is 3% lower 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 44	Current Contracts 31	Sold Vs. List Price 105.7%	Months of Supply 1.4

Down -4% Vs. Year Ago	Down -31% Vs. Year Ago	Up 3.9% Vs. Year Ago	Up 28% Vs. Year Ago


		Months of Supply In June, there was 1.4 months of supply available in Westover Hills, compared to 1.1 in June 2024. That is an increase of 29% 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 44 homes newly listed for sale in Westover Hills compared to 46 in June 2024, a decrease of 4%. There were 31 current contracts pending sale this June compared to 45 a year ago. The number of current contracts is 31% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in Westover Hills was 105.7% of the average list price, which is 4.0% higher than at this time last year. Days on Market This month, the average number of days on market was 18, higher than the average last year, which was 17, an increase of 6%.


	Westover Hills are defined as properties listed in zip code/s 23225.
	*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 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.