The Long & Foster Market Minute

FOCUS ON: WASHINGTON COUNTY HOUSING MARKET MARCH 2025

Units Sold
128
Active Inventory
276
Median Sale Price
$330,000
Days On Market
51
Up 4%
Vs. Year Ago
Up 6%
Vs. Year Ago
Up 6%
Vs. Year Ago
Up 21%
Vs. Year Ago

Units Sold
There was an increase in total units sold in March, with 128 sold this month in Washington County 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 15 units or 6%. The total number of active inventory this March was 276 compared to 261 in March 2024. This month's total of 276 is lower than the previous month's total supply of available inventory of 299, a decrease of 8%.

Median Sale Price
Last March, the median sale price for Washington County Homes was $309,900. This March, the median sale price was $330,000, an increase of 6% or $20,100 compared to last year. The current median sold price is 5% higher than in February.

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


New Listings
172
Current Contracts
161
Sold Vs. List Price
99.5%
Months of Supply
2.2
No Change
Vs. Year Ago
Up 18%
Vs. Year Ago
Down -0.7%
Vs. Year Ago
No Change
Vs. Year Ago

Months of Supply
In March, there was 2.2 months of supply available in Washington County. The amount of supply is similar compared to 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 172 homes newly listed for sale in Washington County, which is similar to the amount in March 2024. There were 161 current contracts pending sale this March compared to 137 a year ago. The number of current contracts is 18% higher than last March.

Sale Price to List Price Ratio
In March, the average sale price in Washington County was 99.5% of the average list price, which is 0.7% lower than at this time last year.

Days on Market
This month, the average number of days on market was 51, higher than the average last year, which was 42, an increase of 21%.

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.