SOUTHAMPTON COUNTY AND FRANKLIN CITY HOUSING MARKET DATA

There was an increase in total units sold in June, with 42 sold this month in Southampton County and Franklin City Real Estate. This month's total units sold was higher than at this time last year.

Versus last year, the total number of homes available this month is lower by 5 units or 5%. The total number of active inventory this June was 98 compared to 103 in June 2024. This month's total of 98 is lower than the previous month's total supply of available inventory of 103, a decrease of 5%.

Last June, the median sale price for Southampton County and Franklin City Homes was $268,000. This June, the median sale price was $247,935, a decrease of 7% or $20,065 compared to last year. The current median sold price is 4% lower 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.

In June, there was 2.3 months of supply available in Southampton County and Franklin City, compared to 3.6 in June 2024. That is a decrease of 34% 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 51 homes newly listed for sale in Southampton County and Franklin City compared to 43 in June 2024, an increase of 19%. There were 35 current contracts pending sale this June compared to 21 a year ago. The number of current contracts is 67% higher than last June.

In June, the average sale price in Southampton County and Franklin City was 98.0% of the average list price, which is 1.4% lower than at this time last year.

This month, the average number of days on market was 43, higher than the average last year, which was 32, an increase of 34%.





FOCUS ON: SOUTHAMPTON COUNTY AND FRANKLIN CITY HOUSING MARKET			JUNE 2025

Units Sold 42	Active Inventory 98	Median Sale Price $247,935	Days On Market 43

Up Vs. Year Ago	Down -5% Vs. Year Ago	Down -7% Vs. Year Ago	Up 34% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 42 sold this month in Southampton County and Franklin City Real Estate. This month's total units sold was higher than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is lower by 5 units or 5%. The total number of active inventory this June was 98 compared to 103 in June 2024. This month's total of 98 is lower than the previous month's total supply of available inventory of 103, a decrease of 5%.
		Median Sale Price Last June, the median sale price for Southampton County and Franklin City Homes was $268,000. This June, the median sale price was $247,935, a decrease of 7% or $20,065 compared to last year. The current median sold price is 4% lower 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.



New Listings 51	Current Contracts 35	Sold Vs. List Price 98.0%	Months of Supply 2.3

Up 19% Vs. Year Ago	Up 67% Vs. Year Ago	Down -1.4% Vs. Year Ago	Down -34% Vs. Year Ago


		Months of Supply In June, there was 2.3 months of supply available in Southampton County and Franklin City, compared to 3.6 in June 2024. That is a decrease of 34% 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 51 homes newly listed for sale in Southampton County and Franklin City compared to 43 in June 2024, an increase of 19%. There were 35 current contracts pending sale this June compared to 21 a year ago. The number of current contracts is 67% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Southampton County and Franklin City was 98.0% 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 43, higher than the average last year, which was 32, an increase of 34%.



	*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 REIN 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 REIN or Long & Foster Real Estate, Inc.