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| JUNE 2025 | |||
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| Units Sold 101 |
Active Inventory 368 |
Median Sale Price $675,000 |
Days On Market 51 |
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| No Change Vs. Year Ago |
Up 44% Vs. Year Ago |
Up 10% Vs. Year Ago |
Up 19% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in June, with 101 sold this month in Chatham County Real Estate, a decrease of 3%. This month's total units sold is similar compared to a year ago. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 113 units or 44%. The total number of active inventory this June was 368 compared to 255 in June 2024. This month's total of 368 is lower than the previous month's total supply of available inventory of 384, a decrease of 4%. |
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Median Sale Price
Last June, the median sale price for Chatham County Homes was $615,000. This June, the median sale price was $675,000, an increase of 10% or $60,000 compared to last year. The current median sold price is 4% 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. |
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| New Listings 129 |
Current Contracts 106 |
Sold Vs. List Price 98.2% |
Months of Supply 3.6 |
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| Up 37% Vs. Year Ago |
Up 23% Vs. Year Ago |
No Change Vs. Year Ago |
Up 44% Vs. Year Ago |
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Months of Supply
In June, there was 3.6 months of supply available in Chatham County, compared to 2.5 in June 2024. That is an increase of 44% 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 129 homes newly listed for sale in Chatham County compared to 94 in June 2024, an increase of 37%. There were 106 current contracts pending sale this June compared to 86 a year ago. The number of current contracts is 23% higher than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Chatham County was 98.2% of the average list price, which is similar compared to a year ago. Days on Market
This month, the average number of days on market was 51, higher than the average last year, which was 43, an increase of 19%. | |||
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Chatham County are defined as properties listed in zip code/s . | ||
| *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 TRIANGLE 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 TRIANGLE or Long & Foster Real Estate, Inc. |
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