PATTERSON AND PEMBERTON HOUSING MARKET DATA

The number of units sold remained stable in August, with 37 sold this month in Patterson and Pemberton Real Estate. This month's total units sold was higher than at this time last year, an increase of 6% versus August 2024.

Versus last year, the total number of homes available this month is lower by 1 units or 2%. The total number of active inventory this August was 51 compared to 52 in August 2024. This month's total of 51 is lower than the previous month's total supply of available inventory of 64, a decrease of 20%.

Last August, the median sale price for Patterson and Pemberton Homes was $537,480. This August, the median sale price was $495,000, a decrease of 8% or $42,480 compared to last year. The current median sold price is 8% lower than in July.

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

In August, there was 1.4 months of supply available in Patterson and Pemberton, compared to 1.5 in August 2024. That is a decrease of 7% 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 31 homes newly listed for sale in Patterson and Pemberton compared to 33 in August 2024, a decrease of 6%. There were 34 current contracts pending sale this August compared to 27 a year ago. The number of current contracts is 26% higher than last August.

In August, the average sale price in Patterson and Pemberton was 103.7% of the average list price, which is 3.7% higher than at this time last year.

This month, the average number of days on market was 19, which is similar compared to a year ago.





FOCUS ON: PATTERSON AND PEMBERTON HOUSING MARKET			AUGUST 2025

Zip Code(s): 23238
Units Sold 37	Active Inventory 51	Median Sale Price $495,000	Days On Market 19

Up 6% Vs. Year Ago	Down -2% Vs. Year Ago	Down -8% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold The number of units sold remained stable in August, with 37 sold this month in Patterson and Pemberton Real Estate. This month's total units sold was higher than at this time last year, an increase of 6% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 1 units or 2%. The total number of active inventory this August was 51 compared to 52 in August 2024. This month's total of 51 is lower than the previous month's total supply of available inventory of 64, a decrease of 20%.
		Median Sale Price Last August, the median sale price for Patterson and Pemberton Homes was $537,480. This August, the median sale price was $495,000, a decrease of 8% or $42,480 compared to last year. The current median sold price is 8% lower than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 31	Current Contracts 34	Sold Vs. List Price 103.7%	Months of Supply 1.4

Down -6% Vs. Year Ago	Up 26% Vs. Year Ago	Up 3.7% Vs. Year Ago	Down -7% Vs. Year Ago


		Months of Supply In August, there was 1.4 months of supply available in Patterson and Pemberton, compared to 1.5 in August 2024. That is a decrease of 7% 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 31 homes newly listed for sale in Patterson and Pemberton compared to 33 in August 2024, a decrease of 6%. There were 34 current contracts pending sale this August compared to 27 a year ago. The number of current contracts is 26% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Patterson and Pemberton was 103.7% of the average list price, which is 3.7% higher than at this time last year. Days on Market This month, the average number of days on market was 19, which is similar compared to a year ago.


	Patterson and Pemberton are defined as properties listed in zip code/s 23238.
	*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 CVRMLS 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 CVRMLS or Long & Foster Real Estate, Inc.