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FOCUS ON: FAUQUIER COUNTY HOUSING MARKET |
MAY 2025 |
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Units Sold
93 |
Active Inventory
210 |
Median Sale Price
$608,454 |
Days On Market
23 |
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Up 9%
Vs. Year Ago |
Up 31%
Vs. Year Ago |
Up 1%
Vs. Year Ago |
Up 44%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 93 sold this month in Fauquier County Real Estate versus 80 last month, an increase of 16%. This month's total units sold was higher than at this time last year, an increase of 9% versus May 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 50 units or 31%. The total number of active inventory this May was 210 compared to 160 in May 2024. This month's total of 210 is higher than the previous month's total supply of available inventory of 198, an increase of 6%.
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Median Sale Price
Last May, the median sale price for Fauquier County Homes was $600,000. This May, the median sale price was $608,454, an increase of 1% or $8,454 compared to last year. The current median sold price is 3% higher than in April.
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
115 |
Current Contracts
78 |
Sold Vs. List Price
100.5% |
Months of Supply
2.3 |
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Down -5%
Vs. Year Ago |
Down -17%
Vs. Year Ago |
Down -0.7%
Vs. Year Ago |
Up 20%
Vs. Year Ago |
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Months of Supply
In May, there was 2.3 months of supply available in Fauquier County, compared to 1.9 in May 2024. That is an increase of 20% 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 115 homes newly listed for sale in Fauquier County compared to 121 in May 2024, a decrease of 5%. There were 78 current contracts pending sale this May compared to 94 a year ago. The number of current contracts is 17% lower than last May.
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Sale Price to List Price Ratio
In May, the average sale price in Fauquier County was 100.5% of the average list price, which is 0.7% lower than at this time last year.
Days on Market
This month, the average number of days on market was 23, higher than the average last year, which was 16, an increase of 44%.
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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 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. |