 |
|
 |
|
| FOCUS ON: ACCOMACK COUNTY HOUSING MARKET |
SEPTEMBER 2025 |
|
Units Sold
39 |
Active Inventory
280 |
Median Sale Price
$290,000 |
Days On Market
110 |
|
|
|
|
|
Down -11%
Vs. Year Ago |
Up 19%
Vs. Year Ago |
Down -5%
Vs. Year Ago |
Up 39%
Vs. Year Ago |
|
|
|
|
Units Sold
There was a decrease in total units sold in September, with 39 sold this month in Accomack County Real Estate versus 51 last month, a decrease of 24%. This month's total units sold was lower than at this time last year, a decrease of 11% versus September 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is higher by 44 units or 19%. The total number of active inventory this September was 280 compared to 236 in September 2024. This month's total of 280 is lower than the previous month's total supply of available inventory of 302, a decrease of 7%.
|
|
|
|
Median Sale Price
Last September, the median sale price for Accomack County Homes was $305,750. This September, the median sale price was approximately the same at $290,000. The current median sold price is 5% lower than in September 2024.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
|
|
|
|
New Listings
64 |
Current Contracts
53 |
Sold Vs. List Price
97.0% |
Months of Supply
7.2 |
|
|
|
|
|
Up 2%
Vs. Year Ago |
Up 10%
Vs. Year Ago |
Up 1.2%
Vs. Year Ago |
Up 34%
Vs. Year Ago |
|
|
|
|
Months of Supply
In September, there was 7.2 months of supply available in Accomack County, compared to 5.4 in September 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.
|
New Listings & Current Contracts
This month there were 64 homes newly listed for sale in Accomack County compared to 63 in September 2024, an increase of 2%. There were 53 current contracts pending sale this September compared to 48 a year ago. The number of current contracts is 10% higher than last September.
|
|
|
|
Sale Price to List Price Ratio
In September, the average sale price in Accomack County was 97.0% of the average list price, which is 1.1% higher than at this time last year.
Days on Market
This month, the average number of days on market was 110, higher than the average last year, which was 79, an increase of 39%.
|
|
|
 |
| *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. |