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| MARCH 2025 | |||
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| Units Sold 43 |
Active Inventory 88 |
Median Sale Price $653,500 |
Days On Market 35 |
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| Up Vs. Year Ago |
Down -16% Vs. Year Ago |
Up 4% Vs. Year Ago |
Up 67% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in March, with 43 sold this month in Goochland County Real Estate. This month's total units sold was higher than at this time last year. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 17 units or 16%. The total number of active inventory this March was 88 compared to 105 in March 2024. This month's total of 88 is lower than the previous month's total supply of available inventory of 90, a decrease of 2%. |
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Median Sale Price
Last March, the median sale price for Goochland County Homes was $628,622. This March, the median sale price was $653,500, an increase of 4% or $24,878 compared to last year. The current median sold price is 2% higher than in February. 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 62 |
Current Contracts 50 |
Sold Vs. List Price 102.4% |
Months of Supply 2.0 |
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| Up 32% Vs. Year Ago |
Up 25% Vs. Year Ago |
Up 1% Vs. Year Ago |
Down -57% Vs. Year Ago |
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Months of Supply
In March, there was 2.0 months of supply available in Goochland County, compared to 4.8 in March 2024. That is a decrease of 57% 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 62 homes newly listed for sale in Goochland County compared to 47 in March 2024, an increase of 32%. There were 50 current contracts pending sale this March compared to 40 a year ago. The number of current contracts is 25% higher than last March. |
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Sale Price to List Price Ratio
In March, the average sale price in Goochland County was 102.4% of the average list price, which is 1.1% higher than at this time last year. Days on Market
This month, the average number of days on market was 35, higher than the average last year, which was 21, an increase of 67%. | |||
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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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