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| JULY 2025 | |||
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| Units Sold 44 |
Active Inventory 308 |
Median Sale Price $265,000 |
Days On Market 80 |
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| Down -8% Vs. Year Ago |
Up 23% Vs. Year Ago |
Down -5% Vs. Year Ago |
Down -5% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in July, with 44 sold this month in Accomack County Real Estate versus 38 last month, an increase of 16%. This month's total units sold was lower than at this time last year, a decrease of 8% versus July 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 57 units or 23%. The total number of active inventory this July was 308 compared to 251 in July 2024. This month's total of 308 is lower than the previous month's total supply of available inventory of 318, a decrease of 3%. |
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Median Sale Price
Last July, the median sale price for Accomack County Homes was $280,000. This July, the median sale price was $265,000, a decrease of 5% or $15,000 compared to last year. The current median sold price is 15% lower 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. |
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| New Listings 81 |
Current Contracts 61 |
Sold Vs. List Price 95.0% |
Months of Supply 7.0 |
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| Down -8% Vs. Year Ago |
Up 49% Vs. Year Ago |
Down -2.6% Vs. Year Ago |
Up 34% Vs. Year Ago |
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Months of Supply
In July, there was 7.0 months of supply available in Accomack County, compared to 5.2 in July 2024. That is an increase of 34% 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 81 homes newly listed for sale in Accomack County compared to 88 in July 2024, a decrease of 8%. There were 61 current contracts pending sale this July compared to 41 a year ago. The number of current contracts is 49% higher than last July. |
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Sale Price to List Price Ratio
In July, the average sale price in Accomack County was 95.0% of the average list price, which is 2.5% lower than at this time last year. Days on Market
This month, the average number of days on market was 80, lower than the average last year, which was 84, a decrease of 5%. | |||
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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 ESAOR 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 ESAOR or Long & Foster Real Estate, Inc. |
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