The Long & Foster Market Minute

FOCUS ON: EDGEFIELD AND CHURCHLAND HOUSING MARKET JUNE 2025

Zip Code(s): 23703
Units Sold
38
Active Inventory
55
Median Sale Price
$320,000
Days On Market
36
Down -10%
Vs. Year Ago
Down -17%
Vs. Year Ago
Up 2%
Vs. Year Ago
Up
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 38 sold this month in Edgefield and Churchland Real Estate versus 39 last month, a decrease of 3%. This month's total units sold was lower than at this time last year, a decrease of 10% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 11 units or 17%. The total number of active inventory this June was 55 compared to 66 in June 2024. This month's total of 55 is lower than the previous month's total supply of available inventory of 69, a decrease of 20%.

Median Sale Price
Last June, the median sale price for Edgefield and Churchland Homes was $313,500. This June, the median sale price was approximately the same at $320,000. The current median sold price is 2% higher than in June 2024.

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


New Listings
50
Current Contracts
50
Sold Vs. List Price
100.1%
Months of Supply
1.4
No Change
Vs. Year Ago
Up 28%
Vs. Year Ago
No Change
Vs. Year Ago
Down -8%
Vs. Year Ago

Months of Supply
In June, there was 1.4 months of supply available in Edgefield and Churchland, compared to 1.6 in June 2024. That is a decrease of 8% 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 50 homes newly listed for sale in Edgefield and Churchland, which is similar to the amount in June 2024. There were 50 current contracts pending sale this June compared to 39 a year ago. The number of current contracts is 28% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Edgefield and Churchland was 100.1% 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 36, higher than the average last year, which was 20. This increase was impacted by the limited number of sales.

The Long & Foster Market Minute Edgefield and Churchland are defined as properties listed in zip code/s 23703.
*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.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by REIN 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 REIN or Long & Foster Real Estate, Inc.