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| JUNE 2025 | |||
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| Units Sold 23 |
Active Inventory 105 |
Median Sale Price $490,000 |
Days On Market 93 |
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| Down -21% Vs. Year Ago |
Up 19% Vs. Year Ago |
Down Vs. Year Ago |
Up Vs. Year Ago |
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Units Sold
The number of units sold remained stable in June, with 23 sold this month in Northumberland County Real Estate. This month's total units sold was lower than at this time last year, a decrease of 12% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 17 units or 19%. The total number of active inventory this June was 105 compared to 88 in June 2024. This month's total of 105 is lower than the previous month's total supply of available inventory of 110, a decrease of 5%. |
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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 Northumberland County Homes was $549,000. This June, the median sale price was $490,000, a decrease of $59,000 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 30 |
Current Contracts 26 |
Sold Vs. List Price 96.8% |
Months of Supply 4.6 |
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| Down -12% Vs. Year Ago |
Up 30% Vs. Year Ago |
Down -1.4% Vs. Year Ago |
Up 51% Vs. Year Ago |
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Months of Supply
In June, there was 4.6 months of supply available in Northumberland County, compared to 3.0 in June 2024. That is an increase 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 30 homes newly listed for sale in Northumberland County compared to 34 in June 2024, a decrease of 12%. There were 26 current contracts pending sale this June compared to 20 a year ago. The number of current contracts is 30% higher than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Northumberland County was 96.8% of the average list price, which is 1.4% lower than at this time last year. Days on Market
This month, the average number of days on market was 93, higher than the average last year, which was 62. This increase was impacted by the limited number of sales. | |||
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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 NNAR 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 NNAR or Long & Foster Real Estate, Inc. |
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