PATTERSON AND PEMBERTON HOUSING MARKET DATA

With relatively few transactions, there was a decrease in total units sold in September, with 36 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 from September 2024.

Versus last year, the total number of homes available this month is higher by 9 units or 18%. The total number of active inventory this September was 60 compared to 51 in September 2024. This month's total of 60 is higher than the previous month's total supply of available inventory of 58, an increase of 3%.

Last September, the median sale price for Patterson and Pemberton Homes was $548,852. This September, the median sale price was $525,000, a decrease of 4% or $23,852 compared to last year. The current median sold price is 6% higher than in August.

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

In September, there was 1.7 months of supply available in Patterson and Pemberton, compared to 2.1 in September 2024. That is a decrease of 22% 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 42 homes newly listed for sale in Patterson and Pemberton compared to 44 in September 2024, a decrease of 5%. There were 32 current contracts pending sale this September compared to 35 a year ago. The number of current contracts is 9% lower than last September.

In September, the average sale price in Patterson and Pemberton was 100.6% of the average list price, which is 1.0% lower than at this time last year.

This month, the average number of days on market was 19, lower than the average last year, which was 22, a decrease of 14%.





FOCUS ON: PATTERSON AND PEMBERTON HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 23238
Units Sold 36	Active Inventory 60	Median Sale Price $525,000	Days On Market 19

Up Vs. Year Ago	Up 18% Vs. Year Ago	Down -4% Vs. Year Ago	Down -14% Vs. Year Ago


		Units Sold With relatively few transactions, there was a decrease in total units sold in September, with 36 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 from September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 9 units or 18%. The total number of active inventory this September was 60 compared to 51 in September 2024. This month's total of 60 is higher than the previous month's total supply of available inventory of 58, an increase of 3%.
		Median Sale Price Last September, the median sale price for Patterson and Pemberton Homes was $548,852. This September, the median sale price was $525,000, a decrease of 4% or $23,852 compared to last year. The current median sold price is 6% higher than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 42	Current Contracts 32	Sold Vs. List Price 100.6%	Months of Supply 1.7

Down -5% Vs. Year Ago	Down -9% Vs. Year Ago	Down -0.9% Vs. Year Ago	Down -22% Vs. Year Ago


		Months of Supply In September, there was 1.7 months of supply available in Patterson and Pemberton, compared to 2.1 in September 2024. That is a decrease of 22% 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 42 homes newly listed for sale in Patterson and Pemberton compared to 44 in September 2024, a decrease of 5%. There were 32 current contracts pending sale this September compared to 35 a year ago. The number of current contracts is 9% lower than last September.
		Sale Price to List Price Ratio In September, the average sale price in Patterson and Pemberton was 100.6% of the average list price, which is 1.0% lower than at this time last year. Days on Market This month, the average number of days on market was 19, lower than the average last year, which was 22, a decrease of 14%.


	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.