WOODLAKE AND BRANDERMILL HOUSING MARKET DATA

There was an increase in total units sold in June, with 118 sold this month in Woodlake and Brandermill Real Estate. This month's total units sold was higher than at this time last year.

Versus last year, the total number of homes available this month is higher by 47 units or 38%. The total number of active inventory this June was 172 compared to 125 in June 2024. This month's total of 172 is lower than the previous month's total supply of available inventory of 194, a decrease of 11%.

Last June, the median sale price for Woodlake and Brandermill Homes was $446,100. This June, the median sale price was $465,000, an increase of 4% or $18,900 compared to last year. The current median sold price is 3% 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.

In June, there was 1.5 months of supply available in Woodlake and Brandermill, compared to 1.3 in June 2024. That is an increase of 11% 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 102 homes newly listed for sale in Woodlake and Brandermill compared to 109 in June 2024, a decrease of 6%. There were 105 current contracts pending sale this June compared to 79 a year ago. The number of current contracts is 33% higher than last June.

In June, the average sale price in Woodlake and Brandermill was 100.6% of the average list price, which is 0.8% lower than at this time last year.

This month, the average number of days on market was 17, higher than the average last year, which was 12, an increase of 42%.





FOCUS ON: WOODLAKE AND BRANDERMILL HOUSING MARKET			JUNE 2025

Zip Code(s): 23112
Units Sold 118	Active Inventory 172	Median Sale Price $465,000	Days On Market 17

Up 24% Vs. Year Ago	Up 38% Vs. Year Ago	Up 4% Vs. Year Ago	Up 42% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 118 sold this month in Woodlake and Brandermill 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 47 units or 38%. The total number of active inventory this June was 172 compared to 125 in June 2024. This month's total of 172 is lower than the previous month's total supply of available inventory of 194, a decrease of 11%.
		Median Sale Price Last June, the median sale price for Woodlake and Brandermill Homes was $446,100. This June, the median sale price was $465,000, an increase of 4% or $18,900 compared to last year. The current median sold price is 3% 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 102	Current Contracts 105	Sold Vs. List Price 100.6%	Months of Supply 1.5

Down -6% Vs. Year Ago	Up 33% Vs. Year Ago	Down -0.8% Vs. Year Ago	Up 11% Vs. Year Ago


		Months of Supply In June, there was 1.5 months of supply available in Woodlake and Brandermill, compared to 1.3 in June 2024. That is an increase of 11% 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 102 homes newly listed for sale in Woodlake and Brandermill compared to 109 in June 2024, a decrease of 6%. There were 105 current contracts pending sale this June compared to 79 a year ago. The number of current contracts is 33% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Woodlake and Brandermill was 100.6% of the average list price, which is 0.8% lower than at this time last year. Days on Market This month, the average number of days on market was 17, higher than the average last year, which was 12, an increase of 42%.


	Woodlake and Brandermill are defined as properties listed in zip code/s 23112.
	*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.