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| JUNE 2025 | |||
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| Units Sold 31 |
Active Inventory 93 |
Median Sale Price $485,000 |
Days On Market 42 |
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| Up Vs. Year Ago |
Down -9% Vs. Year Ago |
Up 16% Vs. Year Ago |
Down -13% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in June, with 31 sold this month in Nelson County Real Estate. This month's total units sold was higher than at this time last year, an increase from June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 9 units or 9%. The total number of active inventory this June was 93 compared to 102 in June 2024. This month's total of 93 is lower than the previous month's total supply of available inventory of 102, a decrease of 9%. |
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Median Sale Price
Last June, the median sale price for Nelson County Homes was $417,500. This June, the median sale price was $485,000, an increase of 16% or $67,500 compared to last year. The current median sold price is 4% 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. |
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| New Listings 39 |
Current Contracts 31 |
Sold Vs. List Price 98.1% |
Months of Supply 3.0 |
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| Up 30% Vs. Year Ago |
Up 35% Vs. Year Ago |
No Change Vs. Year Ago |
Down -50% Vs. Year Ago |
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Months of Supply
In June, there was 3.0 months of supply available in Nelson County, compared to 6.0 in June 2024. That is a decrease of 50% 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 39 homes newly listed for sale in Nelson County compared to 30 in June 2024, an increase of 30%. There were 31 current contracts pending sale this June compared to 23 a year ago. The number of current contracts is 35% higher than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Nelson County was 98.1% of the average list price, which is similar compared to a year ago. Days on Market
This month, the average number of days on market was 42, lower than the average last year, which was 48, a decrease 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 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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