 |
|||
 |
|||
| | |||
| SEPTEMBER 2025 | |||
| | |||
| Units Sold 45 |
Active Inventory 116 |
Median Sale Price $340,000 |
Days On Market 43 |
|
|
|
|
|
| Up 32% Vs. Year Ago |
Up 51% Vs. Year Ago |
Down -5% Vs. Year Ago |
Up 30% Vs. Year Ago |
| | |||
Units Sold
There was an increase in total units sold in September, with 45 sold this month in City of Staunton Real Estate versus 43 last month, an increase of 5%. This month's total units sold was higher than at this time last year, an increase of 32% versus September 2024. |
|||
Active Inventory
Versus last year, the total number of homes available this month is higher by 39 units or 51%. The total number of active inventory this September was 116 compared to 77 in September 2024. This month's total of 116 is lower than the previous month's total supply of available inventory of 124, a decrease of 6%. |
|||
Median Sale Price
Last September, the median sale price for City of Staunton Homes was $357,500. This September, the median sale price was $340,000, a decrease of 5% or $17,500 compared to last year. The current median sold price is 15% higher than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
|||
| | |||
| New Listings 58 |
Current Contracts 55 |
Sold Vs. List Price 98.9% |
Months of Supply 2.6 |
|
|
|
|
|
| Up 21% Vs. Year Ago |
No Change Vs. Year Ago |
No Change Vs. Year Ago |
Up 14% Vs. Year Ago |
| | |||
Months of Supply
In September, there was 2.6 months of supply available in City of Staunton, compared to 2.3 in September 2024. That is an increase of 14% 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 58 homes newly listed for sale in City of Staunton compared to 48 in September 2024, an increase of 21%. There were 55 current contracts pending sale this September, consistent with the volume a year ago. The number of current contracts is 22% higher than last month. |
|||
Sale Price to List Price Ratio
In September, the average sale price in City of Staunton was 98.9% 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 43, higher than the average last year, which was 33, an increase of 30%. | |||
 |
|||
| *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. |
|||