CHANCELLOR AND SOUTHERN FREDERICKSBURG HOUSING MARKET DATA

There was a decrease in total units sold in August, with 117 sold this month in Chancellor and Southern Fredericksburg Real Estate versus 131 last month, a decrease of 11%. This month's total units sold was higher than at this time last year, an increase of 6% versus August 2024.

Versus last year, the total number of homes available this month is higher by 74 units or 41%. The total number of active inventory this August was 256 compared to 182 in August 2024. This month's total of 256 is lower than the previous month's total supply of available inventory of 274, a decrease of 7%.

Last August, the median sale price for Chancellor and Southern Fredericksburg Homes was $450,000. This August, the median sale price was $435,000, a decrease of 3% or $15,000 compared to last year. The current median sold price is 5% lower than in July.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In August, there was 2.2 months of supply available in Chancellor and Southern Fredericksburg, compared to 1.7 in August 2024. That is an increase of 32% 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 126 homes newly listed for sale in Chancellor and Southern Fredericksburg compared to 133 in August 2024, a decrease of 5%. There were 109 current contracts pending sale this August compared to 105 a year ago. The number of current contracts is 4% higher than last August.

In August, the average sale price in Chancellor and Southern Fredericksburg was 100.1% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 26, higher than the average last year, which was 25, an increase of 4%.





FOCUS ON: CHANCELLOR AND SOUTHERN FREDERICKSBURG HOUSING MARKET			AUGUST 2025

Zip Code(s): 22407 and 22408
Units Sold 117	Active Inventory 256	Median Sale Price $435,000	Days On Market 26

Up 6% Vs. Year Ago	Up 41% Vs. Year Ago	Down -3% Vs. Year Ago	Up 4% Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 117 sold this month in Chancellor and Southern Fredericksburg Real Estate versus 131 last month, a decrease of 11%. This month's total units sold was higher than at this time last year, an increase of 6% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 74 units or 41%. The total number of active inventory this August was 256 compared to 182 in August 2024. This month's total of 256 is lower than the previous month's total supply of available inventory of 274, a decrease of 7%.
		Median Sale Price Last August, the median sale price for Chancellor and Southern Fredericksburg Homes was $450,000. This August, the median sale price was $435,000, a decrease of 3% or $15,000 compared to last year. The current median sold price is 5% lower than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 126	Current Contracts 109	Sold Vs. List Price 100.1%	Months of Supply 2.2

Down -5% Vs. Year Ago	Up 4% Vs. Year Ago	No Change Vs. Year Ago	Up 33% Vs. Year Ago


		Months of Supply In August, there was 2.2 months of supply available in Chancellor and Southern Fredericksburg, compared to 1.7 in August 2024. That is an increase of 32% 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 126 homes newly listed for sale in Chancellor and Southern Fredericksburg compared to 133 in August 2024, a decrease of 5%. There were 109 current contracts pending sale this August compared to 105 a year ago. The number of current contracts is 4% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Chancellor and Southern Fredericksburg was 100.1% 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 26, higher than the average last year, which was 25, an increase of 4%.


	Chancellor and Southern Fredericksburg are defined as properties listed in zip code/s 22407 and 22408.
	*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.