EAST END HOUSING MARKET DATA

There was an increase in total units sold in August, with 46 sold this month in East End Real Estate versus 41 last month, an increase of 12%. This month's total units sold was lower than at this time last year, a decrease of 2% versus August 2024.

Versus last year, the total number of homes available this month is higher by 4 units or 3%. The total number of active inventory this August was 119 compared to 115 in August 2024. This month's total of 119 is lower than the previous month's total supply of available inventory of 132, a decrease of 10%.

Last August, the median sale price for East End Homes was $300,000. This August, the median sale price was $325,000, an increase of 8% or $25,000 compared to last year. The current median sold price is 2% 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 2.6 months of supply available in East End, compared to 2.4 in August 2024. That is an increase of 6% 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 48 homes newly listed for sale in East End compared to 70 in August 2024, a decrease of 31%. There were 40 current contracts pending sale this August compared to 49 a year ago. The number of current contracts is 18% lower than last August.

In August, the average sale price in East End was 99.1% of the average list price, which is 1.0% lower than at this time last year.

This month, the average number of days on market was 26, higher than the average last year, which was 19, an increase of 37%.





FOCUS ON: EAST END HOUSING MARKET			AUGUST 2025

Zip Code(s): 23223
Units Sold 46	Active Inventory 119	Median Sale Price $325,000	Days On Market 26

Down -2% Vs. Year Ago	Up 3% Vs. Year Ago	Up 8% Vs. Year Ago	Up 37% Vs. Year Ago


		Units Sold There was an increase in total units sold in August, with 46 sold this month in East End Real Estate versus 41 last month, an increase of 12%. This month's total units sold was lower than at this time last year, a decrease of 2% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 4 units or 3%. The total number of active inventory this August was 119 compared to 115 in August 2024. This month's total of 119 is lower than the previous month's total supply of available inventory of 132, a decrease of 10%.
		Median Sale Price Last August, the median sale price for East End Homes was $300,000. This August, the median sale price was $325,000, an increase of 8% or $25,000 compared to last year. The current median sold price is 2% 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 48	Current Contracts 40	Sold Vs. List Price 99.1%	Months of Supply 2.6

Down -31% Vs. Year Ago	Down -18% Vs. Year Ago	Down -1% Vs. Year Ago	Up 6% Vs. Year Ago


		Months of Supply In August, there was 2.6 months of supply available in East End, compared to 2.4 in August 2024. That is an increase of 6% 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 48 homes newly listed for sale in East End compared to 70 in August 2024, a decrease of 31%. There were 40 current contracts pending sale this August compared to 49 a year ago. The number of current contracts is 18% lower than last August.
		Sale Price to List Price Ratio In August, the average sale price in East End was 99.1% of the average list price, which is 1.0% lower than at this time last year. Days on Market This month, the average number of days on market was 26, higher than the average last year, which was 19, an increase of 37%.


	East End are defined as properties listed in zip code/s 23223.
	*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 CVRMLS 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 CVRMLS or Long & Foster Real Estate, Inc.