The Long & Foster Market Minute

FOCUS ON: AUGUSTA COUNTY HOUSING MARKET JUNE 2025

Units Sold
46
Active Inventory
89
Median Sale Price
$342,850
Days On Market
27
Up 28%
Vs. Year Ago
Up 5%
Vs. Year Ago
Down -4%
Vs. Year Ago
Down -27%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 46 sold this month in Augusta County Real Estate versus 55 last month, a decrease of 16%. This month's total units sold was higher than at this time last year, an increase of 28% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 4 units or 5%. The total number of active inventory this June was 89 compared to 85 in June 2024. This month's total of 89 is lower than the previous month's total supply of available inventory of 96, a decrease of 7%.

Median Sale Price
Last June, the median sale price for Augusta County Homes was $357,700. This June, the median sale price was $342,850, a decrease of 4% or $14,850 compared to last year. The current median sold price is 2% lower 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
53
Current Contracts
52
Sold Vs. List Price
99.8%
Months of Supply
1.9
Up 2%
Vs. Year Ago
Up 18%
Vs. Year Ago
No Change
Vs. Year Ago
Down -18%
Vs. Year Ago

Months of Supply
In June, there was 1.9 months of supply available in Augusta County, compared to 2.4 in June 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 Augusta County compared to 52 in June 2024, an increase of 2%. There were 52 current contracts pending sale this June compared to 44 a year ago. The number of current contracts is 18% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Augusta County was 99.8% 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 27, lower than the average last year, which was 37, a decrease of 27%.

The Long & Foster Market Minute
*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.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by CGAHR 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 CGAHR or Long & Foster Real Estate, Inc.