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| MAY 2025 | |||
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| Units Sold 520 |
Active Inventory 943 |
Median Sale Price $309,500 |
Days On Market 34 |
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| Up 9% Vs. Year Ago |
Up 29% Vs. Year Ago |
Up 5% Vs. Year Ago |
Up 10% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 520 sold this month in Forsyth County Real Estate versus 466 last month, an increase of 12%. This month's total units sold was higher than at this time last year, an increase of 9% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 212 units or 29%. The total number of active inventory this May was 943 compared to 731 in May 2024. This month's total of 943 is higher than the previous month's total supply of available inventory of 923, an increase of 2%. |
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Median Sale Price
Last May, the median sale price for Forsyth County Homes was $295,000. This May, the median sale price was $309,500, an increase of 5% or $14,500 compared to last year. The current median sold price is 1% lower than in April. 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 667 |
Current Contracts 548 |
Sold Vs. List Price 99.1% |
Months of Supply 1.8 |
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| Up 12% Vs. Year Ago |
Up 15% Vs. Year Ago |
No Change Vs. Year Ago |
Up 18% Vs. Year Ago |
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Months of Supply
In May, there was 1.8 months of supply available in Forsyth County, compared to 1.5 in May 2024. That is an increase of 19% 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 667 homes newly listed for sale in Forsyth County compared to 594 in May 2024, an increase of 12%. There were 548 current contracts pending sale this May compared to 475 a year ago. The number of current contracts is 15% higher than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Forsyth County was 99.1% 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 34, higher than the average last year, which was 31, an increase of 10%. | |||
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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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