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FOCUS ON: GOOCHLAND COUNTY HOUSING MARKET |
APRIL 2025 |
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Units Sold
35 |
Active Inventory
93 |
Median Sale Price
$629,950 |
Days On Market
32 |
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Up 3%
Vs. Year Ago |
Down -11%
Vs. Year Ago |
Up 9%
Vs. Year Ago |
Down -14%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in April, with 35 sold this month in Goochland County Real Estate versus 43 last month, a decrease of 19%. This month's total units sold was higher than at this time last year, an increase of 3% versus April 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 12 units or 11%. The total number of active inventory this April was 93 compared to 105 in April 2024. This month's total of 93 is lower than the previous month's total supply of available inventory of 94, a decrease of 1%.
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Median Sale Price
Last April, the median sale price for Goochland County Homes was $575,505. This April, the median sale price was $629,950, an increase of 9% or $54,445 compared to last year. The current median sold price is 4% 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.
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New Listings
56 |
Current Contracts
46 |
Sold Vs. List Price
102.3% |
Months of Supply
2.7 |
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Down -2%
Vs. Year Ago |
Up 10%
Vs. Year Ago |
Down -0.7%
Vs. Year Ago |
Down -14%
Vs. Year Ago |
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Months of Supply
In April, there was 2.7 months of supply available in Goochland County, compared to 3.1 in April 2024. That is a decrease of 14% 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 56 homes newly listed for sale in Goochland County compared to 57 in April 2024, a decrease of 2%. There were 46 current contracts pending sale this April compared to 42 a year ago. The number of current contracts remained stable as compared to last April.
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Sale Price to List Price Ratio
In April, the average sale price in Goochland County was 102.3% of the average list price, which is 0.7% lower than at this time last year.
Days on Market
This month, the average number of days on market was 32, lower than the average last year, which was 37, a decrease of 14%.
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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. |