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| MAY 2025 | |||
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| Units Sold 33 |
Active Inventory 100 |
Median Sale Price $589,000 |
Days On Market 50 |
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| Down -30% Vs. Year Ago |
Down -15% Vs. Year Ago |
Down -11% Vs. Year Ago |
Up 19% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in May, with 33 sold this month in Goochland County Real Estate versus 35 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 30% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 17 units or 15%. The total number of active inventory this May was 100 compared to 117 in May 2024. This month's total of 100 is higher than the previous month's total supply of available inventory of 98, an increase of 2%. |
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Median Sale Price
Last May, the median sale price for Goochland County Homes was $665,000. This May, the median sale price was $589,000, a decrease of 11% or $76,000 compared to last year. The current median sold price is 7% 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 63 |
Current Contracts 46 |
Sold Vs. List Price 99.5% |
Months of Supply 3.0 |
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| Up 5% Vs. Year Ago |
Up 48% Vs. Year Ago |
Down -4% Vs. Year Ago |
Up 22% Vs. Year Ago |
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Months of Supply
In May, there was 3.0 months of supply available in Goochland County, compared to 2.5 in May 2024. That is an increase of 22% 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 63 homes newly listed for sale in Goochland County compared to 60 in May 2024, an increase of 5%. There were 46 current contracts pending sale this May compared to 31 a year ago. The number of current contracts remained stable as compared to last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Goochland County was 99.5% of the average list price, which is 4.1% lower than at this time last year. Days on Market
This month, the average number of days on market was 50, higher than the average last year, which was 42, an increase of 19%. | |||
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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 CVRMLS 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 CVRMLS or Long & Foster Real Estate, Inc. |
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