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FOCUS ON: AUGUSTA COUNTY HOUSING MARKET |
JULY 2025 |
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Units Sold
43 |
Active Inventory
81 |
Median Sale Price
$329,890 |
Days On Market
30 |
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Down -10%
Vs. Year Ago |
Down -12%
Vs. Year Ago |
Down -6%
Vs. Year Ago |
Down -32%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 43 sold this month in Augusta County Real Estate versus 49 last month, a decrease of 12%. This month's total units sold was lower than at this time last year, a decrease of 10% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 11 units or 12%. The total number of active inventory this July was 81 compared to 92 in July 2024. This month's total of 81 is lower than the previous month's total supply of available inventory of 92, a decrease of 12%.
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Median Sale Price
Last July, the median sale price for Augusta County Homes was $352,250. This July, the median sale price was $329,890, a decrease of 6% or $22,360 compared to last year. The current median sold price is 3% lower than in June.
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
49 |
Current Contracts
48 |
Sold Vs. List Price
98.6% |
Months of Supply
1.9 |
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Down -29%
Vs. Year Ago |
Down -9%
Vs. Year Ago |
Down -0.5%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In July, there was 1.9 months of supply available in Augusta 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 49 homes newly listed for sale in Augusta County compared to 69 in July 2024, a decrease of 29%. There were 48 current contracts pending sale this July compared to 53 a year ago. The number of current contracts is 9% lower than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Augusta County was 98.6% of the average list price, which is 0.5% lower than at this time last year.
Days on Market
This month, the average number of days on market was 30, lower than the average last year, which was 44, a decrease of 32%.
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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 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. |