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| FOCUS ON: CENTREVILLE HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 20120 and 20121 |
Units Sold
65 |
Active Inventory
69 |
Median Sale Price
$575,000 |
Days On Market
24 |
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Up
Vs. Year Ago |
Up 21%
Vs. Year Ago |
Down -4%
Vs. Year Ago |
Up 85%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in September, with 65 sold this month in Centreville Real Estate. This month's total units sold was higher than at this time last year.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 12 units or 21%. The total number of active inventory this September was 69 compared to 57 in September 2024. This month's total of 69 is higher than the previous month's total supply of available inventory of 65, an increase of 6%.
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Median Sale Price
Last September, the median sale price for Centreville Homes was $600,500. This September, the median sale price was $575,000, a decrease of 4% or $25,500 compared to last year. The current median sold price is 3% lower than in August.
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
61 |
Current Contracts
52 |
Sold Vs. List Price
99.7% |
Months of Supply
1.1 |
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Up 39%
Vs. Year Ago |
Up 2%
Vs. Year Ago |
Down -1.5%
Vs. Year Ago |
Down -15%
Vs. Year Ago |
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Months of Supply
In September, there was 1.1 months of supply available in Centreville, compared to 1.2 in September 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.
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New Listings & Current Contracts
This month there were 61 homes newly listed for sale in Centreville compared to 44 in September 2024, an increase of 39%. There were 52 current contracts pending sale this September compared to 51 a year ago. The number of current contracts is 2% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Centreville was 99.7% of the average list price, which is 1.5% lower than at this time last year.
Days on Market
This month, the average number of days on market was 24, higher than the average last year, which was 13, an increase of 85%.
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Centreville are defined as properties listed in zip code/s 20120 and 20121. |
| *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 BRIGHTMLS 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 BRIGHTMLS or Long & Foster Real Estate, Inc. |