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| JULY 2025 | |||
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| Units Sold 3 |
Active Inventory 13 |
Median Sale Price $225,000 |
Days On Market 31 |
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| Down Vs. Year Ago |
No Change Vs. Year Ago |
Down Vs. Year Ago |
Down -22% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in July, with 3 sold this month in Buckingham County Real Estate. This month's total units sold was lower than at this time last year, a decrease from July 2024. |
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Active Inventory
The total number of homes available this month is 13 units, which is similiar compared to a year ago. This month's supply of available homes remained stable as compared to the previous month's supply. |
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Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last July, the median sale price for Buckingham County Homes was $238,000. This July, the median sale price was $225,000, a decrease of $13,000 compared to last year. The current median sold price is 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 4 |
Current Contracts 3 |
Sold Vs. List Price 99.2% |
Months of Supply 4.3 |
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| No Change Vs. Year Ago |
Down -40% Vs. Year Ago |
Up 2.6% Vs. Year Ago |
Up 67% Vs. Year Ago |
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Months of Supply
In July, there was 4.3 months of supply available in Buckingham County, compared to 2.6 in July 2024. That is an increase of 67% 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. |
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New Listings & Current Contracts
This month there were 4 homes newly listed for sale in Buckingham County, which is similar to the amount in July 2024. There were 3 current contracts pending sale this July compared to 5 a year ago. The number of current contracts is 40% lower than last July. |
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Sale Price to List Price Ratio
In July, the average sale price in Buckingham County was 99.2% of the average list price, which is 2.6% higher than at this time last year. Days on Market
This month, the average number of days on market was 31, lower than the average last year, which was 40, a decrease of 23%. | |||
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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 SCAR 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 SCAR or Long & Foster Real Estate, Inc. |
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