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FOCUS ON: GREENE COUNTY HOUSING MARKET |
JULY 2025 |
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Units Sold
16 |
Active Inventory
81 |
Median Sale Price
$339,250 |
Days On Market
34 |
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Down
Vs. Year Ago |
Up 31%
Vs. Year Ago |
Down
Vs. Year Ago |
Down -23%
Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in July, with 16 sold this month in Greene County Real Estate. This month's total units sold was lower than at this time last year, a decrease from July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 19 units or 31%. The total number of active inventory this July was 81 compared to 62 in July 2024. This month's supply remained stable as compared to last month.
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Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last July, the median sale price for Greene County Homes was $459,901. This July, the median sale price was $339,250, a decrease of $120,651 compared to last year. The current median sold price is 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
28 |
Current Contracts
20 |
Sold Vs. List Price
94.8% |
Months of Supply
5.1 |
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Up 12%
Vs. Year Ago |
Up 5%
Vs. Year Ago |
Down
Vs. Year Ago |
Up 161%
Vs. Year Ago |
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Months of Supply
In July, there was 5.1 months of supply available in Greene County, compared to 1.9 in July 2024. That is an increase of 161% 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 28 homes newly listed for sale in Greene County compared to 25 in July 2024, an increase of 12%. There were 20 current contracts pending sale this July compared to 19 a year ago. The number of current contracts is 5% higher than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Greene County was 94.8% of the average list price, which is lower than at this time last year.
Days on Market
This month, the average number of days on market was 34, lower than the average last year, which was 44, a decrease of 23%.
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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 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. |