The Long & Foster Market Minute

Focus On: Waynesboro, Fayetteville, and Wayne Heights Housing Market September 2021

Zip Code(s): 17222, 17237 and 17268
Units Sold
57
Active Inventory
68
Median Sale Price
$221,000
Days On Market
19
Down -14%
Vs. Year Ago
Down -26%
Vs. Year Ago
Up 15%
Vs. Year Ago
Down -60%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in September, with 57 sold this month in Waynesboro, Fayetteville, and Wayne Heights Real Estate versus 68 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 14% versus September 2020.

Active Inventory
Versus last year, the total number of homes available this month is lower by 24 units or 26%. The total number of active inventory this September was 68 compared to 92 in September 2020. This month's total of 68 is lower than the previous month's total supply of available inventory of 76, a decrease of 11%.

Median Sale Price
Last September, the median sale price for Waynesboro, Fayetteville, and Wayne Heights Homes was $193,000. This September, the median sale price was $221,000, an increase of 15% or $28,000 compared to last year. The current median sold price is 5% lower than in August.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
63
Current Contracts
65
Sold Vs. List Price
99.2%
Months of Supply
1.2
Up 13%
Vs. Year Ago
Up 5%
Vs. Year Ago
Up 0.8%
Vs. Year Ago
Down -14%
Vs. Year Ago

Months of Supply
In September, there was 1.2 months of supply available in Waynesboro, Fayetteville, and Wayne Heights, compared to 1.4 in September 2020. That is a decrease of 14% 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 63 homes newly listed for sale in Waynesboro, Fayetteville, and Wayne Heights compared to 56 in September 2020, an increase of 13%. There were 65 current contracts pending sale this September compared to 62 a year ago. The number of current contracts is 5% higher than last September.

Sale Price to List Price Ratio
In September, the average sale price in Waynesboro, Fayetteville, and Wayne Heights was 99.2% of the average list price, which is 0.8% higher than at this time last year.

Days on Market
This month, the average number of days on market was 19, lower than the average last year, which was 48, a decrease of 60%.

The Long & Foster Market Minute 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.
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.