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| MAY 2025 | |||
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| Units Sold 40 |
Active Inventory 81 |
Median Sale Price $367,600 |
Days On Market 34 |
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| No Change Vs. Year Ago |
Up 29% Vs. Year Ago |
Up 1% Vs. Year Ago |
Down -8% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 40 sold this month in Fluvanna County Real Estate, an increase of 14%. This month's total units sold is similar compared to a year ago. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 18 units or 29%. The total number of active inventory this May was 81 compared to 63 in May 2024. This month's total of 81 is higher than the previous month's total supply of available inventory of 68, an increase of 19%. |
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Median Sale Price
Last May, the median sale price for Fluvanna County Homes was $362,500. This May, the median sale price was $367,600, an increase of 1% or $5,100 compared to last year. The current median sold price is 8% lower 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 39 |
Current Contracts 25 |
Sold Vs. List Price 99.5% |
Months of Supply 2.0 |
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| Down -19% Vs. Year Ago |
Down -24% Vs. Year Ago |
Down -0.8% Vs. Year Ago |
Up 28% Vs. Year Ago |
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Months of Supply
In May, there was 2.0 months of supply available in Fluvanna County, compared to 1.6 in May 2024. That is an increase of 29% 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 39 homes newly listed for sale in Fluvanna County compared to 48 in May 2024, a decrease of 19%. There were 25 current contracts pending sale this May compared to 33 a year ago. The number of current contracts is 24% lower than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Fluvanna County was 99.5% of the average list price, which is 0.8% lower than at this time last year. Days on Market
This month, the average number of days on market was 34, lower than the average last year, which was 37, a decrease of 8%. | |||
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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. |
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