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| JULY 2025 | |||
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| Units Sold 488 |
Active Inventory 1,022 |
Median Sale Price $320,000 |
Days On Market 37 |
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| Up 8% Vs. Year Ago |
Up 28% Vs. Year Ago |
Up 2% Vs. Year Ago |
Up 28% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 488 sold this month in Forsyth County Real Estate versus 540 last month, a decrease of 10%. This month's total units sold was higher than at this time last year, an increase of 8% versus July 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 224 units or 28%. The total number of active inventory this July was 1,022 compared to 798 in July 2024. This month's total of 1,022 is lower than the previous month's total supply of available inventory of 1,033, a decrease of 1%. |
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Median Sale Price
Last July, the median sale price for Forsyth County Homes was $315,000. This July, the median sale price was $320,000, an increase of 2% or $5,000 compared to last year. The current median sold price is 4% lower than in June. 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 559 |
Current Contracts 461 |
Sold Vs. List Price 98.8% |
Months of Supply 2.1 |
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| Up 12% Vs. Year Ago |
Up 12% Vs. Year Ago |
No Change Vs. Year Ago |
Up 18% Vs. Year Ago |
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Months of Supply
In July, there was 2.1 months of supply available in Forsyth County, compared to 1.8 in July 2024. That is an increase of 18% 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 559 homes newly listed for sale in Forsyth County compared to 497 in July 2024, an increase of 12%. There were 461 current contracts pending sale this July compared to 413 a year ago. The number of current contracts remained stable as compared to last July. |
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Sale Price to List Price Ratio
In July, the average sale price in Forsyth County was 98.8% 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 37, higher than the average last year, which was 29, an increase of 28%. | |||
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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. |
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