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FOCUS ON: CITY OF WAYNESBORO HOUSING MARKET |
AUGUST 2025 |
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Units Sold
46 |
Active Inventory
105 |
Median Sale Price
$327,025 |
Days On Market
17 |
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Up 2%
Vs. Year Ago |
Up 17%
Vs. Year Ago |
Up 13%
Vs. Year Ago |
Up 13%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in August, with 46 sold this month in City of Waynesboro Real Estate versus 43 last month, an increase of 7%. This month's total units sold was higher than at this time last year, an increase of 2% versus August 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 15 units or 17%. The total number of active inventory this August was 105 compared to 90 in August 2024. This month's total of 105 is lower than the previous month's total supply of available inventory of 112, a decrease of 6%.
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Median Sale Price
Last August, the median sale price for City of Waynesboro Homes was $290,000. This August, the median sale price was $327,025, an increase of 13% or $37,025 compared to last year. The current median sold price is 7% 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.
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New Listings
65 |
Current Contracts
46 |
Sold Vs. List Price
100.7% |
Months of Supply
2.3 |
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Up 3%
Vs. Year Ago |
Down -10%
Vs. Year Ago |
Up 0.8%
Vs. Year Ago |
Up 14%
Vs. Year Ago |
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Months of Supply
In August, there was 2.3 months of supply available in City of Waynesboro, compared to 2.0 in August 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.
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New Listings & Current Contracts
This month there were 65 homes newly listed for sale in City of Waynesboro compared to 63 in August 2024, an increase of 3%. There were 46 current contracts pending sale this August compared to 51 a year ago. The number of current contracts is 10% lower than last August.
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Sale Price to List Price Ratio
In August, the average sale price in City of Waynesboro was 100.7% of the average list price, which is 0.8% higher than at this time last year.
Days on Market
This month, the average number of days on market was 17, higher than the average last year, which was 15, an increase of 13%.
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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. |