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| JUNE 2025 | |||
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| Units Sold 4 |
Active Inventory 12 |
Median Sale Price $444,950 |
Days On Market 107 |
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| Up 33% Vs. Year Ago |
Down -29% Vs. Year Ago |
Up Vs. Year Ago |
Up 30% Vs. Year Ago |
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Units Sold
The number of units sold remained stable in June, with 4 sold this month in Buckingham County Real Estate. This month's total units sold was higher than at this time last year, an increase of 33% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 5 units or 29%. The total number of active inventory this June was 12 compared to 17 in June 2024. This month's total of 12 is lower than the previous month's total supply of available inventory of 13, a decrease of 8%. |
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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 June, the median sale price for Buckingham County Homes was $105,000. This June, the median sale price was $444,950, an increase of $339,950 compared to last year. The current median sold price is higher 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. |
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| New Listings 4 |
Current Contracts 5 |
Sold Vs. List Price 95.7% |
Months of Supply 3.0 |
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| Up 33% Vs. Year Ago |
Up 67% Vs. Year Ago |
No Change Vs. Year Ago |
Down -47% Vs. Year Ago |
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Months of Supply
In June, there was 3.0 months of supply available in Buckingham County, compared to 5.7 in June 2024. That is a decrease of 47% 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 compared to 3 in June 2024, an increase of 33%. There were 5 current contracts pending sale this June compared to 3 a year ago. The number of current contracts is 67% higher than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Buckingham County was 95.7% 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 107, higher than the average last year, which was 82, an increase of 30%. | |||
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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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