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FOCUS ON: MOSELEY AND WINTERPOCK HOUSING MARKET |
MAY 2025 |
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Zip Code(s): 23120 and 23838 |
Units Sold
68 |
Active Inventory
215 |
Median Sale Price
$620,000 |
Days On Market
51 |
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Down -24%
Vs. Year Ago |
Up 34%
Vs. Year Ago |
Up 10%
Vs. Year Ago |
Up 38%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 68 sold this month in Moseley and Winterpock Real Estate. This month's total units sold was lower than at this time last year.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 54 units or 34%. The total number of active inventory this May was 215 compared to 161 in May 2024. This month's total of 215 is higher than the previous month's total supply of available inventory of 210, an increase of 2%.
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Median Sale Price
Last May, the median sale price for Moseley and Winterpock Homes was $565,500. This May, the median sale price was $620,000, an increase of 10% or $54,500 compared to last year. The current median sold price is 2% higher than in April.
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
145 |
Current Contracts
84 |
Sold Vs. List Price
101.8% |
Months of Supply
3.2 |
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Up 49%
Vs. Year Ago |
Up 15%
Vs. Year Ago |
Down -1.2%
Vs. Year Ago |
Up 75%
Vs. Year Ago |
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Months of Supply
In May, there was 3.2 months of supply available in Moseley and Winterpock, compared to 1.8 in May 2024. That is an increase of 75% 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 145 homes newly listed for sale in Moseley and Winterpock compared to 97 in May 2024, an increase of 49%. There were 84 current contracts pending sale this May compared to 73 a year ago. The number of current contracts is 15% higher than last May.
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Sale Price to List Price Ratio
In May, the average sale price in Moseley and Winterpock was 101.8% of the average list price, which is 1.2% lower than at this time last year.
Days on Market
This month, the average number of days on market was 51, higher than the average last year, which was 37, an increase of 38%.
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Moseley and Winterpock are defined as properties listed in zip code/s 23120 and 23838. |
*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. |