CITY OF WAYNESBORO HOUSING MARKET DATA

There was a decrease in total units sold in March, with 30 sold this month in City of Waynesboro Real Estate versus 40 last month, a decrease of 25%. This month's total units sold was lower than at this time last year, a decrease of 9% versus March 2024.

Versus last year, the total number of homes available this month is higher by 20 units or 38%. The total number of active inventory this March was 72 compared to 52 in March 2024. This month's total of 72 is lower than the previous month's total supply of available inventory of 75, a decrease of 4%.

Last March, the median sale price for City of Waynesboro Homes was $280,000. This March, the median sale price was $305,725, an increase of 9% or $25,725 compared to last year. The current median sold price is 2% higher than in February.

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

In March, there was 2.4 months of supply available in City of Waynesboro, compared to 1.6 in March 2024. That is an increase of 52% 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 Waynesboro compared to 46 in March 2024, an increase of 28%. There were 54 current contracts pending sale this March compared to 48 a year ago. The number of current contracts is 13% higher than last March.

In March, the average sale price in City of Waynesboro was 100.2% of the average list price, which is 1.0% higher than at this time last year.

This month, the average number of days on market was 30, lower than the average last year, which was 34, a decrease of 12%.





FOCUS ON: CITY OF WAYNESBORO HOUSING MARKET			MARCH 2025

Units Sold 30	Active Inventory 72	Median Sale Price $305,725	Days On Market 30

Down -9% Vs. Year Ago	Up 38% Vs. Year Ago	Up 9% Vs. Year Ago	Down -12% Vs. Year Ago


		Units Sold There was a decrease in total units sold in March, with 30 sold this month in City of Waynesboro Real Estate versus 40 last month, a decrease of 25%. This month's total units sold was lower than at this time last year, a decrease of 9% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 20 units or 38%. The total number of active inventory this March was 72 compared to 52 in March 2024. This month's total of 72 is lower than the previous month's total supply of available inventory of 75, a decrease of 4%.
		Median Sale Price Last March, the median sale price for City of Waynesboro Homes was $280,000. This March, the median sale price was $305,725, an increase of 9% or $25,725 compared to last year. The current median sold price is 2% higher than in February. 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 54	Sold Vs. List Price 100.2%	Months of Supply 2.4

Up 28% Vs. Year Ago	Up 13% Vs. Year Ago	Up 1% Vs. Year Ago	Up 52% Vs. Year Ago


		Months of Supply In March, there was 2.4 months of supply available in City of Waynesboro, compared to 1.6 in March 2024. That is an increase of 52% 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 Waynesboro compared to 46 in March 2024, an increase of 28%. There were 54 current contracts pending sale this March compared to 48 a year ago. The number of current contracts is 13% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in City of Waynesboro was 100.2% of the average list price, which is 1.0% higher than at this time last year. Days on Market This month, the average number of days on market was 30, lower than the average last year, which was 34, a decrease of 12%.



	*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.