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| AUGUST 2025 | |||
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| Units Sold 26 |
Active Inventory 77 |
Median Sale Price $512,500 |
Days On Market 29 |
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| Down -16% Vs. Year Ago |
Up 28% Vs. Year Ago |
Up 1% Vs. Year Ago |
Down -24% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 26 sold this month in King George County Real Estate versus 31 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 16% versus August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 17 units or 28%. The total number of active inventory this August was 77 compared to 60 in August 2024. This month's total of 77 is higher than the previous month's total supply of available inventory of 71, an increase of 8%. |
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Median Sale Price
Last August, the median sale price for King George County Homes was $508,000. This August, the median sale price was $512,500, an increase of 1% or $4,500 compared to last year. The current median sold price is 12% lower 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. |
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| New Listings 38 |
Current Contracts 21 |
Sold Vs. List Price 99.1% |
Months of Supply 3.0 |
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| Up 15% Vs. Year Ago |
Down -32% Vs. Year Ago |
Down -0.6% Vs. Year Ago |
Up 53% Vs. Year Ago |
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Months of Supply
In August, there was 3.0 months of supply available in King George County, compared to 1.9 in August 2024. That is an increase of 53% 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 38 homes newly listed for sale in King George County compared to 33 in August 2024, an increase of 15%. There were 21 current contracts pending sale this August compared to 31 a year ago. The number of current contracts is 32% lower than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in King George County was 99.1% 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 29, lower than the average last year, which was 38, a decrease of 24%. | |||
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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 BRIGHTMLS 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 BRIGHTMLS or Long & Foster Real Estate, Inc. |
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