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| APRIL 2025 | |||
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| Units Sold 421 |
Active Inventory 839 |
Median Sale Price $425,000 |
Days On Market 30 |
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| Down -5% Vs. Year Ago |
Up 5% Vs. Year Ago |
Up 1% Vs. Year Ago |
Up 20% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in April, with 421 sold this month in Chesterfield County Real Estate versus 354 last month, an increase of 19%. This month's total units sold was lower than at this time last year, a decrease of 5% versus April 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 37 units or 5%. The total number of active inventory this April was 839 compared to 802 in April 2024. This month's total of 839 is higher than the previous month's total supply of available inventory of 798, an increase of 5%. |
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Median Sale Price
Last April, the median sale price for Chesterfield County Homes was $419,000. This April, the median sale price was $425,000, an increase of 1% or $6,000 compared to last year. The current median sold price is 2% higher than in March. 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 697 |
Current Contracts 553 |
Sold Vs. List Price 101.3% |
Months of Supply 2.0 |
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| Up 12% Vs. Year Ago |
Up 7% Vs. Year Ago |
Down -0.8% Vs. Year Ago |
Up 11% Vs. Year Ago |
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Months of Supply
In April, there was 2.0 months of supply available in Chesterfield County, compared to 1.8 in April 2024. That is an increase of 11% 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 697 homes newly listed for sale in Chesterfield County compared to 621 in April 2024, an increase of 12%. There were 553 current contracts pending sale this April compared to 518 a year ago. The number of current contracts is 7% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Chesterfield County was 101.3% 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 30, higher than the average last year, which was 25, an increase of 20%. | |||
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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 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. |
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