NORTHUMBERLAND COUNTY HOUSING MARKET DATA

There was a decrease in total units sold in March, with 10 sold this month in Northumberland County Real Estate versus 15 last month, a decrease of 33%. This month's total units sold was lower than at this time last year, a decrease of 23% versus March 2024.

Versus last year, the total number of homes available this month is higher by 9 units or 13%. The total number of active inventory this March was 76 compared to 67 in March 2024. This month's total of 76 is higher than the previous month's total supply of available inventory of 69, an increase of 10%.

Last March, the median sale price for Northumberland County Homes was $380,000. This March, the median sale price was $455,000, an increase of 20% or $75,000 compared to last year. The current median sold price is 18% higher than in February.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In March, there was 7.6 months of supply available in Northumberland County, compared to 5.2 in March 2024. That is an increase of 47% 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.

This month there were 34 homes newly listed for sale in Northumberland County compared to 26 in March 2024, an increase of 31%. There were 19 current contracts pending sale this March compared to 12 a year ago. The number of current contracts is 58% higher than last March.

In March, the average sale price in Northumberland County was 98.5% of the average list price, which is higher than at this time last year.

This month, the average number of days on market was 106, lower than the average last year, which was 128, a decrease of 17%.





FOCUS ON: NORTHUMBERLAND COUNTY HOUSING MARKET			MARCH 2025

Units Sold 10	Active Inventory 76	Median Sale Price $455,000	Days On Market 106

Down -23% Vs. Year Ago	Up 13% Vs. Year Ago	Up 20% Vs. Year Ago	Down -17% Vs. Year Ago


		Units Sold There was a decrease in total units sold in March, with 10 sold this month in Northumberland County Real Estate versus 15 last month, a decrease of 33%. This month's total units sold was lower than at this time last year, a decrease of 23% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 9 units or 13%. The total number of active inventory this March was 76 compared to 67 in March 2024. This month's total of 76 is higher than the previous month's total supply of available inventory of 69, an increase of 10%.
		Median Sale Price Last March, the median sale price for Northumberland County Homes was $380,000. This March, the median sale price was $455,000, an increase of 20% or $75,000 compared to last year. The current median sold price is 18% higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 34	Current Contracts 19	Sold Vs. List Price 98.5%	Months of Supply 7.6

Up 31% Vs. Year Ago	Up 58% Vs. Year Ago	Up Vs. Year Ago	Up 48% Vs. Year Ago


		Months of Supply In March, there was 7.6 months of supply available in Northumberland County, compared to 5.2 in March 2024. That is an increase of 47% 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 34 homes newly listed for sale in Northumberland County compared to 26 in March 2024, an increase of 31%. There were 19 current contracts pending sale this March compared to 12 a year ago. The number of current contracts is 58% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Northumberland County was 98.5% of the average list price, which is higher than at this time last year. Days on Market This month, the average number of days on market was 106, lower than the average last year, which was 128, a decrease of 17%.



	*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.