The Long & Foster Market Minute

FOCUS ON: GREENE COUNTY HOUSING MARKET MARCH 2025

Units Sold
15
Active Inventory
29
Median Sale Price
$429,000
Days On Market
53
Up 15%
Vs. Year Ago
Down -28%
Vs. Year Ago
Up 21%
Vs. Year Ago
Down -16%
Vs. Year Ago

Units Sold
There was an increase in total units sold in March, with 15 sold this month in Greene County Real Estate versus 12 last month, an increase of 25%. This month's total units sold was higher than at this time last year, an increase of 15% versus March 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 11 units or 28%. The total number of active inventory this March was 29 compared to 40 in March 2024. This month's total of 29 is higher than the previous month's total supply of available inventory of 27, an increase of 7%.

Median Sale Price
Last March, the median sale price for Greene County Homes was $355,000. This March, the median sale price was $429,000, an increase of 21% or $74,000 compared to last year. The current median sold price is 5% lower 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.


New Listings
18
Current Contracts
14
Sold Vs. List Price
100.0%
Months of Supply
1.9
Down -14%
Vs. Year Ago
Down -13%
Vs. Year Ago
No Change
Vs. Year Ago
Down -37%
Vs. Year Ago

Months of Supply
In March, there was 1.9 months of supply available in Greene County, compared to 3.1 in March 2024. That is a decrease of 37% 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 18 homes newly listed for sale in Greene County compared to 21 in March 2024, a decrease of 14%. There were 14 current contracts pending sale this March compared to 16 a year ago. The number of current contracts remained stable as compared to last March.

Sale Price to List Price Ratio
In March, the average sale price in Greene County was 100.0% of the average list price, which is similar compared to a year ago.

Days on Market
This month, the average number of days on market was 53, lower than the average last year, which was 63, a decrease of 16%.

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.