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| JUNE 2025 | |||
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| Units Sold 15 |
Active Inventory 41 |
Median Sale Price $525,000 |
Days On Market 34 |
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| No Change Vs. Year Ago |
Up 28% Vs. Year Ago |
Up Vs. Year Ago |
Up 13% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 15 sold this month in Middlesex County Real Estate, an increase of 67%. This month's total units sold is similar compared to a year ago. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 9 units or 28%. The total number of active inventory this June was 41 compared to 32 in June 2024. This month's supply remained stable as compared to last month. |
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Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last June, the median sale price for Middlesex County Homes was $515,000. This June, the median sale price was $525,000, an increase of $10,000 compared to last year. The current median sold price is higher 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. |
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| New Listings 13 |
Current Contracts 10 |
Sold Vs. List Price 99.5% |
Months of Supply 2.7 |
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| Down -38% Vs. Year Ago |
Down -29% Vs. Year Ago |
Up 4.4% Vs. Year Ago |
Up 28% Vs. Year Ago |
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Months of Supply
In June, there was 2.7 months of supply available in Middlesex County, compared to 2.1 in June 2024. That is an increase of 28% 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 13 homes newly listed for sale in Middlesex County compared to 21 in June 2024, a decrease of 38%. There were 10 current contracts pending sale this June compared to 14 a year ago. The number of current contracts is 29% lower than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Middlesex County was 99.5% of the average list price, which is 4.2% higher than at this time last year. Days on Market
This month, the average number of days on market was 34, higher than the average last year, which was 30, an increase of 13%. | |||
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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 CBRAR 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 CBRAR or Long & Foster Real Estate, Inc. |
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