BUCKINGHAM COUNTY HOUSING MARKET DATA

There was a decrease in total units sold in May, with 4 sold this month in Buckingham County Real Estate versus 6 last month, a decrease of 33%. This month's total units sold was lower than at this time last year, a decrease of 20% versus May 2024.

Versus last year, the total number of homes available this month is lower by 6 units or 32%. The total number of active inventory this May was 13 compared to 19 in May 2024. This month's total of 13 is higher than the previous month's total supply of available inventory of 8, an increase of 63%.

Last May, the median sale price for Buckingham County Homes was $307,500. This May, the median sale price was $274,950, a decrease of 11% or $32,550 compared to last year. The current median sold price is 15% lower 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 3.3 months of supply available in Buckingham County, compared to 3.8 in May 2024. That is a decrease of 14% 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 9 homes newly listed for sale in Buckingham County, which is similar to the amount in May 2024. There were 3 current contracts pending sale this May compared to 6 a year ago. The number of current contracts is 50% lower than last May.

In May, the average sale price in Buckingham County was 93.5% of the average list price, which is lower than at this time last year.

This month, the average number of days on market was 35, lower than the average last year, which was 50, a decrease of 30%.





FOCUS ON: BUCKINGHAM COUNTY HOUSING MARKET			MAY 2025

Units Sold 4	Active Inventory 13	Median Sale Price $274,950	Days On Market 35

Down -20% Vs. Year Ago	Down -32% Vs. Year Ago	Down -11% Vs. Year Ago	Down -30% Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 4 sold this month in Buckingham County Real Estate versus 6 last month, a decrease of 33%. This month's total units sold was lower than at this time last year, a decrease of 20% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 6 units or 32%. The total number of active inventory this May was 13 compared to 19 in May 2024. This month's total of 13 is higher than the previous month's total supply of available inventory of 8, an increase of 63%.
		Median Sale Price Last May, the median sale price for Buckingham County Homes was $307,500. This May, the median sale price was $274,950, a decrease of 11% or $32,550 compared to last year. The current median sold price is 15% lower 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 9	Current Contracts 3	Sold Vs. List Price 93.5%	Months of Supply 3.3

No Change Vs. Year Ago	Down -50% Vs. Year Ago	Down Vs. Year Ago	Down -14% Vs. Year Ago


		Months of Supply In May, there was 3.3 months of supply available in Buckingham County, compared to 3.8 in May 2024. That is a decrease of 14% 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 9 homes newly listed for sale in Buckingham County, which is similar to the amount in May 2024. There were 3 current contracts pending sale this May compared to 6 a year ago. The number of current contracts is 50% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Buckingham County was 93.5% of the average list price, which is lower than at this time last year. Days on Market This month, the average number of days on market was 35, lower than the average last year, which was 50, a decrease of 30%.



	*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.