The Long & Foster Market Minute

FOCUS ON: WASHINGTON COUNTY HOUSING MARKET MAY 2025

Units Sold
131
Active Inventory
296
Median Sale Price
$320,000
Days On Market
36
Down -19%
Vs. Year Ago
Down -9%
Vs. Year Ago
Down -1%
Vs. Year Ago
Down -3%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in May, with 131 sold this month in Washington County Real Estate versus 151 last month, a decrease of 13%. This month's total units sold was lower than at this time last year, a decrease of 19% versus May 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 29 units or 9%. The total number of active inventory this May was 296 compared to 325 in May 2024. This month's total of 296 is lower than the previous month's total supply of available inventory of 332, a decrease of 11%.

Median Sale Price
Last May, the median sale price for Washington County Homes was $322,200. This May, the median sale price was approximately the same at $320,000. The current median sold price is 1% lower than in May 2024.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
138
Current Contracts
145
Sold Vs. List Price
100.0%
Months of Supply
2.3
Down -41%
Vs. Year Ago
Down -8%
Vs. Year Ago
Down -0.8%
Vs. Year Ago
Up 12%
Vs. Year Ago

Months of Supply
In May, there was 2.3 months of supply available in Washington County, compared to 2.0 in May 2024. That is an increase of 13% 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 138 homes newly listed for sale in Washington County compared to 232 in May 2024, a decrease of 41%. There were 145 current contracts pending sale this May compared to 158 a year ago. The number of current contracts is 8% lower than last May.

Sale Price to List Price Ratio
In May, the average sale price in Washington County was 100.0% 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 36, lower than the average last year, which was 37, a decrease of 3%.

The Long & Foster Market Minute
*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 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.