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| AUGUST 2025 | |||
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| Units Sold 51 |
Active Inventory 298 |
Median Sale Price $289,900 |
Days On Market 137 |
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| Up 21% Vs. Year Ago |
Up 20% Vs. Year Ago |
No Change Vs. Year Ago |
Up Vs. Year Ago |
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Units Sold
There was an increase in total units sold in August, with 51 sold this month in Accomack County Real Estate versus 44 last month, an increase of 16%. This month's total units sold was higher than at this time last year, an increase of 21% versus August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 50 units or 20%. The total number of active inventory this August was 298 compared to 248 in August 2024. This month's total of 298 is lower than the previous month's total supply of available inventory of 322, a decrease of 7%. |
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Median Sale Price
Last August, the median sale price for Accomack County Homes was $290,000. This August, the median sale price was $289,900, which is similar compared to a year ago. The current median sold price is 9% lower than in July. 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 71 |
Current Contracts 52 |
Sold Vs. List Price 92.4% |
Months of Supply 5.8 |
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| Up 31% Vs. Year Ago |
Up 11% Vs. Year Ago |
Down Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In August, there was 5.8 months of supply available in Accomack County. The amount of supply is similar compared to 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 71 homes newly listed for sale in Accomack County compared to 54 in August 2024, an increase of 31%. There were 52 current contracts pending sale this August compared to 47 a year ago. The number of current contracts is 11% higher than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Accomack County was 92.4% of the average list price, which is lower than at this time last year. Days on Market
This month, the average number of days on market was 137, higher than the average last year, which was 55. | |||
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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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