The Long & Foster Market Minute

FOCUS ON: WILLIAMSTOWN AND VICTORY LAKES HOUSING MARKET JULY 2025

Zip Code(s): 08094
Units Sold
47
Active Inventory
91
Median Sale Price
$399,990
Days On Market
42
Up 9%
Vs. Year Ago
Up 8%
Vs. Year Ago
Up 25%
Vs. Year Ago
Up 83%
Vs. Year Ago

Units Sold
There was an increase in total units sold in July, with 47 sold this month in Williamstown and Victory Lakes Real Estate versus 43 last month, an increase of 9%. This month's total units sold was higher than at this time last year, an increase of 9% versus July 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 7 units or 8%. The total number of active inventory this July was 91 compared to 84 in July 2024. This month's total of 91 is lower than the previous month's total supply of available inventory of 107, a decrease of 15%.

Median Sale Price
Last July, the median sale price for Williamstown and Victory Lakes Homes was $320,000. This July, the median sale price was $399,990, an increase of 25% or $79,990 compared to last year. The current median sold price is 11% higher 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.


New Listings
43
Current Contracts
46
Sold Vs. List Price
99.6%
Months of Supply
1.9
Down -16%
Vs. Year Ago
Up 5%
Vs. Year Ago
Down -3.2%
Vs. Year Ago
No Change
Vs. Year Ago

Months of Supply
In July, there was 1.9 months of supply available in Williamstown and Victory Lakes. The amount of supply is similar compared to 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.

New Listings & Current Contracts
This month there were 43 homes newly listed for sale in Williamstown and Victory Lakes compared to 51 in July 2024, a decrease of 16%. There were 46 current contracts pending sale this July compared to 44 a year ago. The number of current contracts is 5% higher than last July.

Sale Price to List Price Ratio
In July, the average sale price in Williamstown and Victory Lakes was 99.6% of the average list price, which is 3.3% lower than at this time last year.

Days on Market
This month, the average number of days on market was 42, higher than the average last year, which was 23, an increase of 83%.

The Long & Foster Market Minute Williamstown and Victory Lakes are defined as properties listed in zip code/s 08094.
*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.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by BRIGHTMLS 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 BRIGHTMLS or Long & Foster Real Estate, Inc.