The Long & Foster Market Minute

FOCUS ON: FAUQUIER COUNTY HOUSING MARKET APRIL 2025

Units Sold
78
Active Inventory
175
Median Sale Price
$582,950
Days On Market
22
Down -3%
Vs. Year Ago
Up 16%
Vs. Year Ago
Up 3%
Vs. Year Ago
Down -49%
Vs. Year Ago

Units Sold
There was an increase in total units sold in April, with 78 sold this month in Fauquier County Real Estate versus 69 last month, an increase of 13%. This month's total units sold was lower than at this time last year, a decrease of 3% versus April 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 24 units or 16%. The total number of active inventory this April was 175 compared to 151 in April 2024. This month's total of 175 is lower than the previous month's total supply of available inventory of 177, a decrease of 1%.

Median Sale Price
Last April, the median sale price for Fauquier County Homes was $563,948. This April, the median sale price was $582,950, an increase of 3% or $19,002 compared to last year. The current median sold price is 18% lower than in March.

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


New Listings
109
Current Contracts
100
Sold Vs. List Price
100.5%
Months of Supply
2.2
Up 2%
Vs. Year Ago
Up 14%
Vs. Year Ago
Up 4.6%
Vs. Year Ago
Up 19%
Vs. Year Ago

Months of Supply
In April, there was 2.2 months of supply available in Fauquier County, compared to 1.9 in April 2024. That is an increase of 19% 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 109 homes newly listed for sale in Fauquier County compared to 107 in April 2024, an increase of 2%. There were 100 current contracts pending sale this April compared to 88 a year ago. The number of current contracts is 14% higher than last April.

Sale Price to List Price Ratio
In April, the average sale price in Fauquier County was 100.5% of the average list price, which is 4.4% higher than at this time last year.

Days on Market
This month, the average number of days on market was 22, lower than the average last year, which was 43, a decrease of 49%.

The Long & Foster Market Minute
*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 BRIGHTMLS 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 BRIGHTMLS or Long & Foster Real Estate, Inc.