CENTREVILLE HOUSING MARKET DATA

There was a decrease in total units sold in July, with 66 sold this month in Centreville Real Estate versus 80 last month, a decrease of 18%. This month's total units sold was lower than at this time last year, a decrease of 1% versus July 2024.

Versus last year, the total number of homes available this month is higher by 14 units or 22%. The total number of active inventory this July was 77 compared to 63 in July 2024. This month's total of 77 is higher than the previous month's total supply of available inventory of 62, an increase of 24%.

Last July, the median sale price for Centreville Homes was $600,000. This July, the median sale price was $625,000, an increase of 4% or $25,000 compared to last year. The current median sold price is 3% higher 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.

In July, there was 1.2 months of supply available in Centreville, compared to 0.9 in July 2024. That is an increase of 24% 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 81 homes newly listed for sale in Centreville compared to 70 in July 2024, an increase of 16%. There were 55 current contracts pending sale this July, consistent with the volume a year ago. The number of current contracts is 21% lower than last month.

In July, the average sale price in Centreville was 99.2% of the average list price, which is 2.3% 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 7, an increase of 200%.





FOCUS ON: CENTREVILLE HOUSING MARKET			JULY 2025

Zip Code(s): 20120 and 20121
Units Sold 66	Active Inventory 77	Median Sale Price $625,000	Days On Market 21

Down -1% Vs. Year Ago	Up 22% Vs. Year Ago	Up 4% Vs. Year Ago	Up 200% Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 66 sold this month in Centreville Real Estate versus 80 last month, a decrease of 18%. This month's total units sold was lower than at this time last year, a decrease of 1% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 14 units or 22%. The total number of active inventory this July was 77 compared to 63 in July 2024. This month's total of 77 is higher than the previous month's total supply of available inventory of 62, an increase of 24%.
		Median Sale Price Last July, the median sale price for Centreville Homes was $600,000. This July, the median sale price was $625,000, an increase of 4% or $25,000 compared to last year. The current median sold price is 3% higher 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.



New Listings 81	Current Contracts 55	Sold Vs. List Price 99.2%	Months of Supply 1.2

Up 16% Vs. Year Ago	No Change Vs. Year Ago	Down -2.2% Vs. Year Ago	Up 24% Vs. Year Ago


		Months of Supply In July, there was 1.2 months of supply available in Centreville, compared to 0.9 in July 2024. That is an increase of 24% 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 81 homes newly listed for sale in Centreville compared to 70 in July 2024, an increase of 16%. There were 55 current contracts pending sale this July, consistent with the volume a year ago. The number of current contracts is 21% lower than last month.
		Sale Price to List Price Ratio In July, the average sale price in Centreville was 99.2% of the average list price, which is 2.3% 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 7, an increase of 200%.


	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.