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| MAY 2025 | |||
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| Units Sold 90 |
Active Inventory 256 |
Median Sale Price $284,950 |
Days On Market 58 |
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| Up 2% Vs. Year Ago |
Up 22% Vs. Year Ago |
Up 14% Vs. Year Ago |
Up 23% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 90 sold this month in Rockingham County Real Estate versus 82 last month, an increase of 10%. This month's total units sold was higher than at this time last year, an increase of 2% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 46 units or 22%. The total number of active inventory this May was 256 compared to 210 in May 2024. This month's total of 256 is lower than the previous month's total supply of available inventory of 261, a decrease of 2%. |
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Median Sale Price
Last May, the median sale price for Rockingham County Homes was $250,000. This May, the median sale price was $284,950, an increase of $34,950 compared to last year. The current median sold price is higher 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 121 |
Current Contracts 102 |
Sold Vs. List Price 98.7% |
Months of Supply 2.8 |
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| Up 3% Vs. Year Ago |
Up 11% Vs. Year Ago |
Down -0.6% Vs. Year Ago |
Up 19% Vs. Year Ago |
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Months of Supply
In May, there was 2.8 months of supply available in Rockingham County, compared to 2.4 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 121 homes newly listed for sale in Rockingham County compared to 118 in May 2024, an increase of 3%. There were 102 current contracts pending sale this May compared to 92 a year ago. The number of current contracts is 11% higher than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Rockingham County was 98.7% of the average list price, which is 0.6% lower than at this time last year. Days on Market
This month, the average number of days on market was 58, higher than the average last year, which was 47, an increase of 23%. | |||
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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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