BON AIR AND HUGUENOT FARMS HOUSING MARKET DATA

There was a decrease in total units sold in August, with 33 sold this month in Bon Air and Huguenot Farms Real Estate versus 46 last month, a decrease of 28%. This month's total units sold was lower than at this time last year, a decrease of 18% versus August 2024.

Versus last year, the total number of homes available this month is lower by 12 units or 20%. The total number of active inventory this August was 48 compared to 60 in August 2024. This month's total of 48 is higher than the previous month's total supply of available inventory of 46, an increase of 4%.

Last August, the median sale price for Bon Air and Huguenot Farms Homes was $435,000. This August, the median sale price was $420,000, a decrease of 3% or $15,000 compared to last year. The current median sold price is 6% 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.

In August, there was 1.5 months of supply available in Bon Air and Huguenot Farms. 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.

This month there were 28 homes newly listed for sale in Bon Air and Huguenot Farms compared to 49 in August 2024, a decrease of 43%. There were 22 current contracts pending sale this August compared to 41 a year ago. The number of current contracts is 46% lower than last August.

In August, the average sale price in Bon Air and Huguenot Farms was 101.1% of the average list price, which is 2.2% lower than at this time last year.

This month, the average number of days on market was 21, higher than the average last year, which was 10. This increase was impacted by the limited number of sales.





FOCUS ON: BON AIR AND HUGUENOT FARMS HOUSING MARKET			AUGUST 2025

Zip Code(s): 23235
Units Sold 33	Active Inventory 48	Median Sale Price $420,000	Days On Market 21

Down -18% Vs. Year Ago	Down -20% Vs. Year Ago	Down -3% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 33 sold this month in Bon Air and Huguenot Farms Real Estate versus 46 last month, a decrease of 28%. This month's total units sold was lower than at this time last year, a decrease of 18% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 12 units or 20%. The total number of active inventory this August was 48 compared to 60 in August 2024. This month's total of 48 is higher than the previous month's total supply of available inventory of 46, an increase of 4%.
		Median Sale Price Last August, the median sale price for Bon Air and Huguenot Farms Homes was $435,000. This August, the median sale price was $420,000, a decrease of 3% or $15,000 compared to last year. The current median sold price is 6% 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.



New Listings 28	Current Contracts 22	Sold Vs. List Price 101.1%	Months of Supply 1.5

Down -43% Vs. Year Ago	Down -46% Vs. Year Ago	Down -2.1% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In August, there was 1.5 months of supply available in Bon Air and Huguenot Farms. 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.
New Listings & Current Contracts This month there were 28 homes newly listed for sale in Bon Air and Huguenot Farms compared to 49 in August 2024, a decrease of 43%. There were 22 current contracts pending sale this August compared to 41 a year ago. The number of current contracts is 46% lower than last August.
		Sale Price to List Price Ratio In August, the average sale price in Bon Air and Huguenot Farms was 101.1% of the average list price, which is 2.2% lower than at this time last year. Days on Market This month, the average number of days on market was 21, higher than the average last year, which was 10. This increase was impacted by the limited number of sales.


	Bon Air and Huguenot Farms are defined as properties listed in zip code/s 23235.
	*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 CVRMLS 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 CVRMLS or Long & Foster Real Estate, Inc.