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| JUNE 2025 | |||
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| Units Sold 48 |
Active Inventory 102 |
Median Sale Price $346,250 |
Days On Market 24 |
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| Down -24% Vs. Year Ago |
Up 9% Vs. Year Ago |
Down -2% Vs. Year Ago |
Down -38% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in June, with 48 sold this month in City of Staunton Real Estate versus 53 last month, a decrease of 9%. This month's total units sold was lower than at this time last year, a decrease of 24% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 8 units or 9%. The total number of active inventory this June was 102 compared to 94 in June 2024. This month's total of 102 is higher than the previous month's total supply of available inventory of 88, an increase of 16%. |
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Median Sale Price
Last June, the median sale price for City of Staunton Homes was $355,000. This June, the median sale price was $346,250, a decrease of 2% or $8,750 compared to last year. The current median sold price is 17% higher than in May. 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 60 |
Current Contracts 41 |
Sold Vs. List Price 99.4% |
Months of Supply 2.1 |
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| No Change Vs. Year Ago |
Down -7% Vs. Year Ago |
No Change Vs. Year Ago |
Up 43% Vs. Year Ago |
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Months of Supply
In June, there was 2.1 months of supply available in City of Staunton, compared to 1.5 in June 2024. That is an increase of 42% 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 60 homes newly listed for sale in City of Staunton, which is similar to the amount in June 2024. There were 41 current contracts pending sale this June compared to 44 a year ago. The number of current contracts is 7% lower than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in City of Staunton was 99.4% 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 24, lower than the average last year, which was 39, a decrease of 38%. | |||
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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 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. |
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