The Long & Foster Market Minute

FOCUS ON: GREENE COUNTY HOUSING MARKET AUGUST 2025

Units Sold
23
Active Inventory
73
Median Sale Price
$484,000
Days On Market
57
Up
Vs. Year Ago
Up 7%
Vs. Year Ago
Up
Vs. Year Ago
Up
Vs. Year Ago

Units Sold
With relatively few transactions, there was an increase in total units sold in August, with 23 sold this month in Greene County Real Estate. This month's total units sold was higher than at this time last year, an increase from August 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 5 units or 7%. The total number of active inventory this August was 73 compared to 68 in August 2024. This month's total of 73 is lower than the previous month's total supply of available inventory of 80, a decrease of 9%.

Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last August, the median sale price for Greene County Homes was $385,000. This August, the median sale price was $484,000, an increase of $99,000 compared to last year. The current median sold price is higher 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
17
Current Contracts
14
Sold Vs. List Price
98.2%
Months of Supply
3.2
Down -35%
Vs. Year Ago
Up 8%
Vs. Year Ago
Down -0.6%
Vs. Year Ago
Down -30%
Vs. Year Ago

Months of Supply
In August, there was 3.2 months of supply available in Greene County, compared to 4.5 in August 2024. That is a decrease of 30% 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 17 homes newly listed for sale in Greene County compared to 26 in August 2024, a decrease of 35%. There were 14 current contracts pending sale this August compared to 13 a year ago. The number of current contracts is 8% higher than last August.

Sale Price to List Price Ratio
In August, the average sale price in Greene County was 98.2% of the average list price, which is 0.6% lower than at this time last year.

Days on Market
This month, the average number of days on market was 57, higher than the average last year, which was 8. This increase was impacted by the limited number of sales.

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 CGAHR 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 CGAHR or Long & Foster Real Estate, Inc.