The Long & Foster Market Minute

FOCUS ON: GOOCHLAND COUNTY HOUSING MARKET AUGUST 2025

Units Sold
39
Active Inventory
97
Median Sale Price
$593,270
Days On Market
29
Up 3%
Vs. Year Ago
Down -13%
Vs. Year Ago
Down -8%
Vs. Year Ago
Down -15%
Vs. Year Ago

Units Sold
There was an increase in total units sold in August, with 39 sold this month in Goochland County Real Estate versus 31 last month, an increase of 26%. This month's total units sold was higher than at this time last year, an increase of 3% versus August 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 14 units or 13%. The total number of active inventory this August was 97 compared to 111 in August 2024. This month's total of 97 is lower than the previous month's total supply of available inventory of 106, a decrease of 8%.

Median Sale Price
Last August, the median sale price for Goochland County Homes was $643,030. This August, the median sale price was $593,270, a decrease of 8% or $49,760 compared to last year. The current median sold price is 8% lower than in July.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
48
Current Contracts
44
Sold Vs. List Price
101.7%
Months of Supply
2.5
Up 2%
Vs. Year Ago
Up 7%
Vs. Year Ago
Down -2.4%
Vs. Year Ago
Down -15%
Vs. Year Ago

Months of Supply
In August, there was 2.5 months of supply available in Goochland County, compared to 2.9 in August 2024. That is a decrease of 15% 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 48 homes newly listed for sale in Goochland County compared to 47 in August 2024, an increase of 2%. There were 44 current contracts pending sale this August compared to 41 a year ago. The number of current contracts is 7% higher than last August.

Sale Price to List Price Ratio
In August, the average sale price in Goochland County was 101.7% of the average list price, which is 2.5% lower than at this time last year.

Days on Market
This month, the average number of days on market was 29, lower than the average last year, which was 34, a decrease of 15%.

The Long & Foster Market Minute
*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.
REALTOR, Equal Opportunity HousingInformation 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.