HAMPTON CITY HOUSING MARKET DATA

There was a decrease in total units sold in April, with 164 sold this month in Hampton City Real Estate versus 171 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 2% versus April 2024.

The total number of homes available this month is 305 units, which is similar compared to a year ago. This month's total of 305 is lower than the previous month's total supply of available inventory of 363, a decrease of 16%.

Last April, the median sale price for Hampton City Homes was $280,000. This April, the median sale price was $265,950, a decrease of 5% or $14,050 compared to last year. The current median sold price is 7% lower than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In April, there was 1.9 months of supply available in Hampton City. The amount of supply is similar compared to 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.

This month there were 228 homes newly listed for sale in Hampton City compared to 234 in April 2024, a decrease of 3%. There were 239 current contracts pending sale this April compared to 170 a year ago. The number of current contracts is 41% higher than last April.

In April, the average sale price in Hampton City was 99.1% of the average list price, which is 1.1% lower than at this time last year.

This month, the average number of days on market was 39, which is similar compared to a year ago.





FOCUS ON: HAMPTON CITY HOUSING MARKET			APRIL 2025

Units Sold 164	Active Inventory 305	Median Sale Price $265,950	Days On Market 39

Up 2% Vs. Year Ago	No Change Vs. Year Ago	Down -5% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold There was a decrease in total units sold in April, with 164 sold this month in Hampton City Real Estate versus 171 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 2% versus April 2024.
Active Inventory The total number of homes available this month is 305 units, which is similar compared to a year ago. This month's total of 305 is lower than the previous month's total supply of available inventory of 363, a decrease of 16%.
		Median Sale Price Last April, the median sale price for Hampton City Homes was $280,000. This April, the median sale price was $265,950, a decrease of 5% or $14,050 compared to last year. The current median sold price is 7% lower than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 228	Current Contracts 239	Sold Vs. List Price 99.1%	Months of Supply 1.9

Down -3% Vs. Year Ago	Up 41% Vs. Year Ago	Down -1.1% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In April, there was 1.9 months of supply available in Hampton City. The amount of supply is similar compared to 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 228 homes newly listed for sale in Hampton City compared to 234 in April 2024, a decrease of 3%. There were 239 current contracts pending sale this April compared to 170 a year ago. The number of current contracts is 41% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Hampton City was 99.1% of the average list price, which is 1.1% lower than at this time last year. Days on Market This month, the average number of days on market was 39, which is similar compared to a year ago.



	*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.