CITY OF STAUNTON HOUSING MARKET DATA

There was an increase in total units sold in August, with 42 sold this month in City of Staunton Real Estate versus 35 last month, an increase of 20%. This month's total units sold was lower than at this time last year, a decrease of 19% versus August 2024.

Versus last year, the total number of homes available this month is higher by 28 units or 30%. The total number of active inventory this August was 121 compared to 93 in August 2024. This month's supply remained stable as compared to last month.

Last August, the median sale price for City of Staunton Homes was $296,000. This August, the median sale price was $292,700, a decrease of 1% or $3,300 compared to last year. The current median sold price is 15% 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 2.9 months of supply available in City of Staunton, compared to 1.8 in August 2024. That is an increase of 61% 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 59 homes newly listed for sale in City of Staunton compared to 60 in August 2024, a decrease of 2%. There were 47 current contracts pending sale this August, consistent with the volume a year ago. The number of current contracts is 18% higher than last month.

In August, the average sale price in City of Staunton was 99.0% of the average list price, which is 1.3% lower than at this time last year.

This month, the average number of days on market was 22, lower than the average last year, which was 33, a decrease of 33%.





FOCUS ON: CITY OF STAUNTON HOUSING MARKET			AUGUST 2025

Units Sold 42	Active Inventory 121	Median Sale Price $292,700	Days On Market 22

Down -19% Vs. Year Ago	Up 30% Vs. Year Ago	Down -1% Vs. Year Ago	Down -33% Vs. Year Ago


		Units Sold There was an increase in total units sold in August, with 42 sold this month in City of Staunton Real Estate versus 35 last month, an increase of 20%. This month's total units sold was lower than at this time last year, a decrease of 19% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 28 units or 30%. The total number of active inventory this August was 121 compared to 93 in August 2024. This month's supply remained stable as compared to last month.
		Median Sale Price Last August, the median sale price for City of Staunton Homes was $296,000. This August, the median sale price was $292,700, a decrease of 1% or $3,300 compared to last year. The current median sold price is 15% 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 59	Current Contracts 47	Sold Vs. List Price 99.0%	Months of Supply 2.9

Down -2% Vs. Year Ago	No Change Vs. Year Ago	Down -1.2% Vs. Year Ago	Up 61% Vs. Year Ago


		Months of Supply In August, there was 2.9 months of supply available in City of Staunton, compared to 1.8 in August 2024. That is an increase of 61% 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 59 homes newly listed for sale in City of Staunton compared to 60 in August 2024, a decrease of 2%. There were 47 current contracts pending sale this August, consistent with the volume a year ago. The number of current contracts is 18% higher than last month.
		Sale Price to List Price Ratio In August, the average sale price in City of Staunton was 99.0% of the average list price, which is 1.3% lower than at this time last year. Days on Market This month, the average number of days on market was 22, lower than the average last year, which was 33, a decrease of 33%.



	*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 CGAHR 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 CGAHR or Long & Foster Real Estate, Inc.