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| MAY 2025 | |||
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| Units Sold 180 |
Active Inventory 397 |
Median Sale Price $473,500 |
Days On Market 23 |
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| Up 2% Vs. Year Ago |
Up 17% Vs. Year Ago |
Up 2% Vs. Year Ago |
No Change Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 180 sold this month in Spotsylvania County Real Estate versus 157 last month, an increase of 15%. This month's total units sold was higher than at this time last year, an increase of 2% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 58 units or 17%. The total number of active inventory this May was 397 compared to 339 in May 2024. This month's total of 397 is higher than the previous month's total supply of available inventory of 392, an increase of 1%. |
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Median Sale Price
Last May, the median sale price for Spotsylvania County Homes was $464,900. This May, the median sale price was $473,500, an increase of 2% or $8,600 compared to last year. The current median sold price is 3% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 249 |
Current Contracts 175 |
Sold Vs. List Price 99.5% |
Months of Supply 2.2 |
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| Up 2% Vs. Year Ago |
Down -3% Vs. Year Ago |
No Change Vs. Year Ago |
Up 15% Vs. Year Ago |
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Months of Supply
In May, there was 2.2 months of supply available in Spotsylvania County, compared to 1.9 in May 2024. That is an increase of 15% 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. |
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New Listings & Current Contracts
This month there were 249 homes newly listed for sale in Spotsylvania County compared to 244 in May 2024, an increase of 2%. There were 175 current contracts pending sale this May compared to 181 a year ago. The number of current contracts is 3% lower than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Spotsylvania County was 99.5% of the average list price, which is similar compared to a year ago. Days on Market
This month, the average number of days on market was 23, which is similar compared to a year ago. | |||
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| *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 BRIGHTMLS 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 BRIGHTMLS or Long & Foster Real Estate, Inc. |
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