ANNANDALE HOUSING MARKET DATA

There was an increase in total units sold in May, with 54 sold this month in Annandale Real Estate versus 52 last month, an increase of 4%. This month's total units sold was higher than at this time last year, an increase of 26% versus May 2024.

Versus last year, the total number of homes available this month is higher by 2 units or 3%. The total number of active inventory this May was 74 compared to 72 in May 2024. This month's total of 74 is lower than the previous month's total supply of available inventory of 104, a decrease of 29%.

Last May, the median sale price for Annandale Homes was $696,000. This May, the median sale price was $814,944, an increase of 17% or $118,944 compared to last year. The current median sold price is 24% higher than in April.

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

In May, there was 1.4 months of supply available in Annandale, compared to 1.7 in May 2024. That is a decrease of 18% 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.

This month there were 53 homes newly listed for sale in Annandale compared to 79 in May 2024, a decrease of 33%. There were 68 current contracts pending sale this May compared to 47 a year ago. The number of current contracts is 45% higher than last May.

In May, the average sale price in Annandale was 101.2% of the average list price, which is 2.1% lower than at this time last year.

This month, the average number of days on market was 17, higher than the average last year, which was 12, an increase of 42%.





FOCUS ON: ANNANDALE HOUSING MARKET			MAY 2025

Zip Code(s): 22003
Units Sold 54	Active Inventory 74	Median Sale Price $814,944	Days On Market 17

Up 26% Vs. Year Ago	Up 3% Vs. Year Ago	Up 17% Vs. Year Ago	Up 42% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 54 sold this month in Annandale Real Estate versus 52 last month, an increase of 4%. This month's total units sold was higher than at this time last year, an increase of 26% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 2 units or 3%. The total number of active inventory this May was 74 compared to 72 in May 2024. This month's total of 74 is lower than the previous month's total supply of available inventory of 104, a decrease of 29%.
		Median Sale Price Last May, the median sale price for Annandale Homes was $696,000. This May, the median sale price was $814,944, an increase of 17% or $118,944 compared to last year. The current median sold price is 24% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 53	Current Contracts 68	Sold Vs. List Price 101.2%	Months of Supply 1.4

Down -33% Vs. Year Ago	Up 45% Vs. Year Ago	Down -2% Vs. Year Ago	Down -18% Vs. Year Ago


		Months of Supply In May, there was 1.4 months of supply available in Annandale, compared to 1.7 in May 2024. That is a decrease of 18% 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 53 homes newly listed for sale in Annandale compared to 79 in May 2024, a decrease of 33%. There were 68 current contracts pending sale this May compared to 47 a year ago. The number of current contracts is 45% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Annandale was 101.2% of the average list price, which is 2.1% lower than at this time last year. Days on Market This month, the average number of days on market was 17, higher than the average last year, which was 12, an increase of 42%.


	Annandale are defined as properties listed in zip code/s 22003.
	*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 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.