KING WILLIAM COUNTY HOUSING MARKET DATA

With relatively few transactions, there was a decrease in total units sold in June, with 21 sold this month in King William County Real Estate. This month's total units sold was lower than at this time last year, a decrease from June 2024.

Versus last year, the total number of homes available this month is lower by 15 units or 17%. The total number of active inventory this June was 74 compared to 89 in June 2024. This month's total of 74 is lower than the previous month's total supply of available inventory of 85, a decrease of 13%.

Last June, the median sale price for King William County Homes was $370,000. This June, the median sale price was $369,000, which is similar compared to a year ago. The current median sold price is 3% lower than in May.

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

In June, there was 3.5 months of supply available in King William County, compared to 2.7 in June 2024. That is an increase of 31% 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.

This month there were 30 homes newly listed for sale in King William County compared to 28 in June 2024, an increase of 7%. There were 29 current contracts pending sale this June compared to 23 a year ago. The number of current contracts is 26% higher than last June.

In June, the average sale price in King William County was 99.3% of the average list price, which is 0.8% lower than at this time last year.

This month, the average number of days on market was 24, lower than the average last year, which was 71. This decrease was impacted by the limited number of sales.





FOCUS ON: KING WILLIAM COUNTY HOUSING MARKET			JUNE 2025

Units Sold 21	Active Inventory 74	Median Sale Price $369,000	Days On Market 24

Down Vs. Year Ago	Down -17% Vs. Year Ago	No Change Vs. Year Ago	Down Vs. Year Ago


		Units Sold With relatively few transactions, there was a decrease in total units sold in June, with 21 sold this month in King William County Real Estate. This month's total units sold was lower than at this time last year, a decrease from June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 15 units or 17%. The total number of active inventory this June was 74 compared to 89 in June 2024. This month's total of 74 is lower than the previous month's total supply of available inventory of 85, a decrease of 13%.
		Median Sale Price Last June, the median sale price for King William County Homes was $370,000. This June, the median sale price was $369,000, which is similar compared to a year ago. The current median sold price is 3% lower than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 30	Current Contracts 29	Sold Vs. List Price 99.3%	Months of Supply 3.5

Up 7% Vs. Year Ago	Up 26% Vs. Year Ago	Down -0.8% Vs. Year Ago	Up 30% Vs. Year Ago


		Months of Supply In June, there was 3.5 months of supply available in King William County, compared to 2.7 in June 2024. That is an increase of 31% 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 30 homes newly listed for sale in King William County compared to 28 in June 2024, an increase of 7%. There were 29 current contracts pending sale this June compared to 23 a year ago. The number of current contracts is 26% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in King William County was 99.3% of the average list price, which is 0.8% lower than at this time last year. Days on Market This month, the average number of days on market was 24, lower than the average last year, which was 71. This decrease was impacted by the limited number of sales.



	*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 CVRMLS 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 CVRMLS or Long & Foster Real Estate, Inc.