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FOCUS ON: KINGSTOWNE AND HAYFIELD HOUSING MARKET |
AUGUST 2025 |
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Zip Code(s): 22315 |
Units Sold
32 |
Active Inventory
44 |
Median Sale Price
$700,000 |
Days On Market
12 |
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Up 7%
Vs. Year Ago |
Up 42%
Vs. Year Ago |
Down -3%
Vs. Year Ago |
Up 9%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 32 sold this month in Kingstowne and Hayfield Real Estate versus 36 last month, a decrease of 11%. This month's total units sold was higher than at this time last year, an increase of 7% versus August 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 13 units or 42%. The total number of active inventory this August was 44 compared to 31 in August 2024. This month's total of 44 is lower than the previous month's total supply of available inventory of 52, a decrease of 15%.
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Median Sale Price
Last August, the median sale price for Kingstowne and Hayfield Homes was $724,500. This August, the median sale price was approximately the same at $700,000. The current median sold price is 3% lower than in August 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
31 |
Current Contracts
27 |
Sold Vs. List Price
99.4% |
Months of Supply
1.4 |
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Down -3%
Vs. Year Ago |
Up 35%
Vs. Year Ago |
Down -1.9%
Vs. Year Ago |
Up 34%
Vs. Year Ago |
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Months of Supply
In August, there was 1.4 months of supply available in Kingstowne and Hayfield, compared to 1.0 in August 2024. That is an increase of 33% 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 31 homes newly listed for sale in Kingstowne and Hayfield compared to 32 in August 2024, a decrease of 3%. There were 27 current contracts pending sale this August compared to 20 a year ago. The number of current contracts is 35% higher than last August.
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Sale Price to List Price Ratio
In August, the average sale price in Kingstowne and Hayfield was 99.4% of the average list price, which is 2.0% lower than at this time last year.
Days on Market
This month, the average number of days on market was 12, higher than the average last year, which was 11, an increase of 9%.
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Kingstowne and Hayfield are defined as properties listed in zip code/s 22315. |
*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. |