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FOCUS ON: GOOCHLAND COUNTY HOUSING MARKET |
JULY 2025 |
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Units Sold
31 |
Active Inventory
100 |
Median Sale Price
$645,000 |
Days On Market
28 |
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Down -11%
Vs. Year Ago |
Down -17%
Vs. Year Ago |
Down -15%
Vs. Year Ago |
Up 17%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 31 sold this month in Goochland County Real Estate versus 45 last month, a decrease of 31%. This month's total units sold was lower than at this time last year, a decrease of 11% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 21 units or 17%. The total number of active inventory this July was 100 compared to 121 in July 2024. This month's total of 100 is lower than the previous month's total supply of available inventory of 101, a decrease of 1%.
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Median Sale Price
Last July, the median sale price for Goochland County Homes was $755,000. This July, the median sale price was $645,000, a decrease of 15% or $110,000 compared to last year. The current median sold price is 9% lower than in June.
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
43 |
Current Contracts
34 |
Sold Vs. List Price
103.3% |
Months of Supply
3.2 |
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No Change
Vs. Year Ago |
Up 6%
Vs. Year Ago |
Down -1.5%
Vs. Year Ago |
Down -7%
Vs. Year Ago |
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Months of Supply
In July, there was 3.2 months of supply available in Goochland County, compared to 3.5 in July 2024. That is a decrease of 7% 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 43 homes newly listed for sale in Goochland County, which is similar to the amount in July 2024. There were 34 current contracts pending sale this July compared to 32 a year ago. The number of current contracts is 6% higher than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Goochland County was 103.3% of the average list price, which is 1.6% lower than at this time last year.
Days on Market
This month, the average number of days on market was 28, higher than the average last year, which was 24, an increase of 17%.
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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. |