FRONT ROYAL HOUSING MARKET DATA

There was an increase in total units sold in April, with 41 sold this month in Front Royal Real Estate versus 39 last month, an increase of 5%. This month's total units sold was lower than at this time last year, a decrease of 29% versus April 2024.

Versus last year, the total number of homes available this month is higher by 2 units or 2%. The total number of active inventory this April was 114 compared to 112 in April 2024. This month's supply remained stable as compared to last month.

Last April, the median sale price for Front Royal Homes was $395,118. This April, the median sale price was $360,000, a decrease of 9% or $35,118 compared to last year. The current median sold price is 20% 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.

In April, there was 2.8 months of supply available in Front Royal, compared to 1.9 in April 2024. That is an increase of 44% 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 70 homes newly listed for sale in Front Royal compared to 68 in April 2024, an increase of 3%. There were 56 current contracts pending sale this April, consistent with the volume a year ago. The number of current contracts is 12% higher than last month.

In April, the average sale price in Front Royal was 99.2% of the average list price, which is 1.5% lower than at this time last year.

This month, the average number of days on market was 33, higher than the average last year, which was 24, an increase of 38%.





FOCUS ON: FRONT ROYAL HOUSING MARKET			APRIL 2025

Zip Code(s): 22630
Units Sold 41	Active Inventory 114	Median Sale Price $360,000	Days On Market 33

Down -29% Vs. Year Ago	Up 2% Vs. Year Ago	Down -9% Vs. Year Ago	Up 38% Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 41 sold this month in Front Royal Real Estate versus 39 last month, an increase of 5%. This month's total units sold was lower than at this time last year, a decrease of 29% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 2 units or 2%. The total number of active inventory this April was 114 compared to 112 in April 2024. This month's supply remained stable as compared to last month.
		Median Sale Price Last April, the median sale price for Front Royal Homes was $395,118. This April, the median sale price was $360,000, a decrease of 9% or $35,118 compared to last year. The current median sold price is 20% 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 70	Current Contracts 56	Sold Vs. List Price 99.2%	Months of Supply 2.8

Up 3% Vs. Year Ago	No Change Vs. Year Ago	Down -1.5% Vs. Year Ago	Up 44% Vs. Year Ago


		Months of Supply In April, there was 2.8 months of supply available in Front Royal, compared to 1.9 in April 2024. That is an increase of 44% 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 70 homes newly listed for sale in Front Royal compared to 68 in April 2024, an increase of 3%. There were 56 current contracts pending sale this April, consistent with the volume a year ago. The number of current contracts is 12% higher than last month.
		Sale Price to List Price Ratio In April, the average sale price in Front Royal was 99.2% of the average list price, which is 1.5% lower than at this time last year. Days on Market This month, the average number of days on market was 33, higher than the average last year, which was 24, an increase of 38%.


	Front Royal are defined as properties listed in zip code/s 22630.
	*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.