 |
|||
 |
|||
| | |||
| JUNE 2025 | |||
| | |||
| Units Sold 37 |
Active Inventory 305 |
Median Sale Price $315,000 |
Days On Market 77 |
|
|
|
|
|
| Down -30% Vs. Year Ago |
Up 39% Vs. Year Ago |
Up 18% Vs. Year Ago |
No Change Vs. Year Ago |
| | |||
Units Sold
There was a decrease in total units sold in June, with 37 sold this month in Accomack County Real Estate versus 46 last month, a decrease of 20%. This month's total units sold was lower than at this time last year, a decrease of 30% versus June 2024. |
|||
Active Inventory
Versus last year, the total number of homes available this month is higher by 86 units or 39%. The total number of active inventory this June was 305 compared to 219 in June 2024. This month's total of 305 is higher than the previous month's total supply of available inventory of 294, an increase of 4%. |
|||
Median Sale Price
Last June, the median sale price for Accomack County Homes was $266,500. This June, the median sale price was $315,000, an increase of 18% or $48,500 compared to last year. The current median sold price is 4% higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
|||
| | |||
| New Listings 85 |
Current Contracts 41 |
Sold Vs. List Price 95.8% |
Months of Supply 8.2 |
|
|
|
|
|
| Up 44% Vs. Year Ago |
Up 21% Vs. Year Ago |
No Change Vs. Year Ago |
Up 100% Vs. Year Ago |
| | |||
Months of Supply
In June, there was 8.2 months of supply available in Accomack County, compared to 4.1 in June 2024. That is an increase of 99% 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 85 homes newly listed for sale in Accomack County compared to 59 in June 2024, an increase of 44%. There were 41 current contracts pending sale this June compared to 34 a year ago. The number of current contracts is 21% higher than last June. |
|||
Sale Price to List Price Ratio
In June, the average sale price in Accomack County was 95.8% 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 77, which is similar compared to a year ago. | |||
 |
|||
| *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. |
|||