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FOCUS ON: DAVIE COUNTY HOUSING MARKET |
JUNE 2025 |
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Units Sold
57 |
Active Inventory
105 |
Median Sale Price
$326,000 |
Days On Market
34 |
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Down -2%
Vs. Year Ago |
Up 35%
Vs. Year Ago |
Up 6%
Vs. Year Ago |
Down -15%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in June, with 57 sold this month in Davie County Real Estate versus 61 last month, a decrease of 7%. This month's total units sold was lower than at this time last year, a decrease of 2% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 27 units or 35%. The total number of active inventory this June was 105 compared to 78 in June 2024. This month's total of 105 is lower than the previous month's total supply of available inventory of 108, a decrease of 3%.
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Median Sale Price
Last June, the median sale price for Davie County Homes was $309,000. This June, the median sale price was $326,000, an increase of 6% or $17,000 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
57 |
Current Contracts
50 |
Sold Vs. List Price
99.4% |
Months of Supply
1.8 |
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Up 30%
Vs. Year Ago |
Down -2%
Vs. Year Ago |
Up 0.7%
Vs. Year Ago |
Up 37%
Vs. Year Ago |
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Months of Supply
In June, there was 1.8 months of supply available in Davie County, compared to 1.3 in June 2024. That is an increase of 37% 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 57 homes newly listed for sale in Davie County compared to 44 in June 2024, an increase of 30%. There were 50 current contracts pending sale this June compared to 51 a year ago. The number of current contracts is 2% lower than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Davie County was 99.4% of the average list price, which is 0.7% higher than at this time last year.
Days on Market
This month, the average number of days on market was 34, lower than the average last year, which was 40, a decrease of 15%.
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*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 TRIAD 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 TRIAD or Long & Foster Real Estate, Inc. |