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FOCUS ON: WAYNESBORO, FAYETTEVILLE, AND WAYNE HEIGHTS HOUSING MARKET |
MAY 2025 |
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Zip Code(s): 17222, 17237 and 17268 |
Units Sold
48 |
Active Inventory
116 |
Median Sale Price
$283,500 |
Days On Market
27 |
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Down -11%
Vs. Year Ago |
Up 76%
Vs. Year Ago |
Up 2%
Vs. Year Ago |
Down -21%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 48 sold this month in Waynesboro, Fayetteville, and Wayne Heights Real Estate versus 43 last month, an increase of 12%. This month's total units sold was lower than at this time last year, a decrease of 11% versus May 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 50 units or 76%. The total number of active inventory this May was 116 compared to 66 in May 2024. This month's total of 116 is lower than the previous month's total supply of available inventory of 128, a decrease of 9%.
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Median Sale Price
Last May, the median sale price for Waynesboro, Fayetteville, and Wayne Heights Homes was $277,950. This May, the median sale price was $283,500, an increase of 2% or $5,550 compared to last year. The current median sold price is 9% 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
61 |
Current Contracts
63 |
Sold Vs. List Price
99.5% |
Months of Supply
2.4 |
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Up 17%
Vs. Year Ago |
Up 47%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 98%
Vs. Year Ago |
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Months of Supply
In May, there was 2.4 months of supply available in Waynesboro, Fayetteville, and Wayne Heights, compared to 1.2 in May 2024. That is an increase of 98% 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 61 homes newly listed for sale in Waynesboro, Fayetteville, and Wayne Heights compared to 52 in May 2024, an increase of 17%. There were 63 current contracts pending sale this May compared to 43 a year ago. The number of current contracts is 47% higher than last May.
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Sale Price to List Price Ratio
In May, the average sale price in Waynesboro, Fayetteville, and Wayne Heights was 99.5% 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 27, lower than the average last year, which was 34, a decrease of 21%.
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Waynesboro, Fayetteville, and Wayne Heights are defined as properties listed in zip code/s 17222, 17237 and 17268. |
*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. |