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| JUNE 2025 | |||
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| Units Sold 173 |
Active Inventory 303 |
Median Sale Price $292,000 |
Days On Market 31 |
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| Up 2% Vs. Year Ago |
Down -16% Vs. Year Ago |
Up 8% Vs. Year Ago |
Up 35% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in June, with 173 sold this month in Hampton City Real Estate versus 191 last month, a decrease of 9%. This month's total units sold was higher than at this time last year, an increase of 2% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 59 units or 16%. The total number of active inventory this June was 303 compared to 362 in June 2024. This month's total of 303 is lower than the previous month's total supply of available inventory of 338, a decrease of 10%. |
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Median Sale Price
Last June, the median sale price for Hampton City Homes was $270,000. This June, the median sale price was approximately the same at $292,000. The current median sold price is 8% higher than in June 2024. 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 217 |
Current Contracts 198 |
Sold Vs. List Price 99.9% |
Months of Supply 1.8 |
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| Down -6% Vs. Year Ago |
Up 18% Vs. Year Ago |
Down -0.5% Vs. Year Ago |
Down -18% Vs. Year Ago |
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Months of Supply
In June, there was 1.8 months of supply available in Hampton City, compared to 2.1 in June 2024. That is a decrease of 18% 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 217 homes newly listed for sale in Hampton City compared to 232 in June 2024, a decrease of 6%. There were 198 current contracts pending sale this June compared to 168 a year ago. The number of current contracts is 18% higher than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Hampton City was 99.9% of the average list price, which is 0.5% lower than at this time last year. Days on Market
This month, the average number of days on market was 31, higher than the average last year, which was 23, an increase of 35%. | |||
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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 REIN 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 REIN or Long & Foster Real Estate, Inc. |
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