 |
|||
 |
|||
| | |||
| JULY 2025 | |||
| | |||
| Units Sold 32 |
Active Inventory 101 |
Median Sale Price $415,000 |
Days On Market 91 |
|
|
|
|
|
| Up Vs. Year Ago |
Up 17% Vs. Year Ago |
No Change Vs. Year Ago |
Down -12% Vs. Year Ago |
| | |||
Units Sold
With relatively few transactions, there was an increase in total units sold in July, with 32 sold this month in Northumberland County Real Estate. This month's total units sold was higher than at this time last year, an increase from July 2024. |
|||
Active Inventory
Versus last year, the total number of homes available this month is higher by 15 units or 17%. The total number of active inventory this July was 101 compared to 86 in July 2024. This month's total of 101 is lower than the previous month's total supply of available inventory of 110, a decrease of 8%. |
|||
Median Sale Price
Last July, the median sale price for Northumberland County Homes was $415,000. This July, the median sale price was $415,000, which is similar compared to a year ago. The current median sold price is 14% higher than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
|||
| | |||
| New Listings 30 |
Current Contracts 33 |
Sold Vs. List Price 98.4% |
Months of Supply 3.2 |
|
|
|
|
|
| Up 25% Vs. Year Ago |
Up 65% Vs. Year Ago |
Up 1.1% Vs. Year Ago |
Down -38% Vs. Year Ago |
| | |||
Months of Supply
In July, there was 3.2 months of supply available in Northumberland County, compared to 5.1 in July 2024. That is a decrease of 38% 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. |
|||
New Listings & Current Contracts
This month there were 30 homes newly listed for sale in Northumberland County compared to 24 in July 2024, an increase of 25%. There were 33 current contracts pending sale this July compared to 20 a year ago. The number of current contracts is 65% higher than last July. |
|||
Sale Price to List Price Ratio
In July, the average sale price in Northumberland County was 98.4% of the average list price, which is 1.1% higher than at this time last year. Days on Market
This month, the average number of days on market was 91, lower than the average last year, which was 103, a decrease of 12%. | |||
 |
|||
| *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. |
|||