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FOCUS ON: FRONT ROYAL HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 22630 |
Units Sold
61 |
Active Inventory
120 |
Median Sale Price
$480,000 |
Days On Market
43 |
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Up 33%
Vs. Year Ago |
Down -15%
Vs. Year Ago |
Up 19%
Vs. Year Ago |
Up 72%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 61 sold this month in Front Royal Real Estate versus 51 last month, an increase of 20%. This month's total units sold was higher than at this time last year, an increase of 33% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 22 units or 15%. The total number of active inventory this June was 120 compared to 142 in June 2024. This month's total of 120 is lower than the previous month's total supply of available inventory of 137, a decrease of 12%.
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Median Sale Price
Last June, the median sale price for Front Royal Homes was $404,918. This June, the median sale price was $480,000, an increase of 19% or $75,082 compared to last year. The current median sold price is 17% higher than in May.
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
57 |
Current Contracts
59 |
Sold Vs. List Price
99.2% |
Months of Supply
2.0 |
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Down -38%
Vs. Year Ago |
Down -8%
Vs. Year Ago |
No Change
Vs. Year Ago |
Down -36%
Vs. Year Ago |
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Months of Supply
In June, there was 2.0 months of supply available in Front Royal, compared to 3.1 in June 2024. That is a decrease of 36% 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 57 homes newly listed for sale in Front Royal compared to 92 in June 2024, a decrease of 38%. There were 59 current contracts pending sale this June compared to 64 a year ago. The number of current contracts is 8% lower than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Front Royal was 99.2% 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 43, higher than the average last year, which was 25, an increase of 72%.
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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. |