SOUTHAMPTON AND HOLLAND HOUSING MARKET DATA

There was a decrease in total units sold in May, with 26 sold this month in Southampton and Holland Real Estate versus 38 last month, a decrease of 32%. This month's total units sold was lower than at this time last year, a decrease of 30% versus May 2024.

Versus last year, the total number of homes available this month is higher by 18 units or 62%. The total number of active inventory this May was 47 compared to 29 in May 2024. This month's total of 47 is higher than the previous month's total supply of available inventory of 37, an increase of 27%.

Last May, the median sale price for Southampton and Holland Homes was $532,000. This May, the median sale price was $605,500, an increase of 14% or $73,500 compared to last year. The current median sold price is 3% 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.

In May, there was 1.8 months of supply available in Southampton and Holland, compared to 0.8 in May 2024. That is an increase of 131% 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.

This month there were 58 homes newly listed for sale in Southampton and Holland compared to 34 in May 2024, an increase of 71%. There were 44 current contracts pending sale this May compared to 30 a year ago. The number of current contracts is 47% higher than last May.

In May, the average sale price in Southampton and Holland was 101.9% of the average list price, which is 1.0% higher than at this time last year.

This month, the average number of days on market was 13, higher than the average last year, which was 11, an increase of 18%.





FOCUS ON: SOUTHAMPTON AND HOLLAND HOUSING MARKET			MAY 2025

Zip Code(s): 18966
Units Sold 26	Active Inventory 47	Median Sale Price $605,500	Days On Market 13

Down -30% Vs. Year Ago	Up 62% Vs. Year Ago	Up 14% Vs. Year Ago	Up 18% Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 26 sold this month in Southampton and Holland Real Estate versus 38 last month, a decrease of 32%. This month's total units sold was lower than at this time last year, a decrease of 30% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 18 units or 62%. The total number of active inventory this May was 47 compared to 29 in May 2024. This month's total of 47 is higher than the previous month's total supply of available inventory of 37, an increase of 27%.
		Median Sale Price Last May, the median sale price for Southampton and Holland Homes was $532,000. This May, the median sale price was $605,500, an increase of 14% or $73,500 compared to last year. The current median sold price is 3% 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.



New Listings 58	Current Contracts 44	Sold Vs. List Price 101.9%	Months of Supply 1.8

Up 71% Vs. Year Ago	Up 47% Vs. Year Ago	Up 1% Vs. Year Ago	Up 132% Vs. Year Ago


		Months of Supply In May, there was 1.8 months of supply available in Southampton and Holland, compared to 0.8 in May 2024. That is an increase of 131% 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.
New Listings & Current Contracts This month there were 58 homes newly listed for sale in Southampton and Holland compared to 34 in May 2024, an increase of 71%. There were 44 current contracts pending sale this May compared to 30 a year ago. The number of current contracts is 47% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Southampton and Holland was 101.9% of the average list price, which is 1.0% higher than at this time last year. Days on Market This month, the average number of days on market was 13, higher than the average last year, which was 11, an increase of 18%.


	Southampton and Holland are defined as properties listed in zip code/s 18966.
	*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 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.