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| APRIL 2025 | |||
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| Units Sold 17 |
Active Inventory 92 |
Median Sale Price $430,000 |
Days On Market 40 |
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| Down Vs. Year Ago |
Down -4% Vs. Year Ago |
Up 14% Vs. Year Ago |
Down -42% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in April, with 17 sold this month in Nelson County Real Estate. This month's total units sold was lower than at this time last year, a decrease from April 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 4 units or 4%. The total number of active inventory this April was 92 compared to 96 in April 2024. This month's total of 92 is higher than the previous month's total supply of available inventory of 87, an increase of 6%. |
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Median Sale Price
Last April, the median sale price for Nelson County Homes was $377,500. This April, the median sale price was $430,000, an increase of 14% or $52,500 compared to last year. The current median sold price is 18% lower than in March. 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 46 |
Current Contracts 27 |
Sold Vs. List Price 97.6% |
Months of Supply 5.4 |
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| Up 21% Vs. Year Ago |
Up 50% Vs. Year Ago |
Up 0.6% Vs. Year Ago |
Up 35% Vs. Year Ago |
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Months of Supply
In April, there was 5.4 months of supply available in Nelson County, compared to 4.0 in April 2024. That is an increase of 35% 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 46 homes newly listed for sale in Nelson County compared to 38 in April 2024, an increase of 21%. There were 27 current contracts pending sale this April compared to 18 a year ago. The number of current contracts is 50% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Nelson County was 97.6% of the average list price, which is 0.6% higher than at this time last year. Days on Market
This month, the average number of days on market was 40, lower than the average last year, which was 69, a decrease of 42%. | |||
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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 CGAHR 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 CGAHR or Long & Foster Real Estate, Inc. |
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