The Long & Foster Market Minute

FOCUS ON: CHESTERFIELD COUNTY HOUSING MARKET SEPTEMBER 2025

Units Sold
436
Active Inventory
1,022
Median Sale Price
$425,000
Days On Market
34
Up 4%
Vs. Year Ago
Up 23%
Vs. Year Ago
Up 1%
Vs. Year Ago
Up 10%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in September, with 436 sold this month in Chesterfield County Real Estate versus 469 last month, a decrease of 7%. This month's total units sold was higher than at this time last year, an increase of 4% versus September 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 188 units or 23%. The total number of active inventory this September was 1,022 compared to 834 in September 2024. This month's total of 1,022 is lower than the previous month's total supply of available inventory of 1,039, a decrease of 2%.

Median Sale Price
Last September, the median sale price for Chesterfield County Homes was $420,000. This September, the median sale price was approximately the same at $425,000. The current median sold price is 1% higher than in September 2024.

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


New Listings
580
Current Contracts
470
Sold Vs. List Price
100.6%
Months of Supply
2.3
Up 14%
Vs. Year Ago
Up 3%
Vs. Year Ago
Down -0.8%
Vs. Year Ago
Up 18%
Vs. Year Ago

Months of Supply
In September, there was 2.3 months of supply available in Chesterfield County, compared to 2.0 in September 2024. That is an increase of 18% 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 580 homes newly listed for sale in Chesterfield County compared to 511 in September 2024, an increase of 14%. There were 470 current contracts pending sale this September compared to 457 a year ago. The number of current contracts is 3% higher than last September.

Sale Price to List Price Ratio
In September, the average sale price in Chesterfield County was 100.6% of the average list price, which is 0.8% lower than at this time last year.

Days on Market
This month, the average number of days on market was 34, higher than the average last year, which was 31, an increase of 10%.

The Long & Foster Market Minute
*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.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by CVRMLS 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 CVRMLS or Long & Foster Real Estate, Inc.