STONEY BROOK ESTATES, CLIVEDEN, AND LEE HALL HOUSING MARKET DATA

There was an increase in total units sold in May, with 53 sold this month in Stoney Brook Estates, Cliveden, and Lee Hall Real Estate versus 46 last month, an increase of 15%. This month's total units sold was lower than at this time last year, a decrease of 18% versus May 2024.

Versus last year, the total number of homes available this month is higher by 16 units or 21%. The total number of active inventory this May was 91 compared to 75 in May 2024. This month's total of 91 is lower than the previous month's total supply of available inventory of 108, a decrease of 16%.

Last May, the median sale price for Stoney Brook Estates, Cliveden, and Lee Hall Homes was $300,000. This May, the median sale price was $306,000, an increase of 2% or $6,000 compared to last year. The current median sold price is 2% lower 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.

In May, there was 1.7 months of supply available in Stoney Brook Estates, Cliveden, and Lee Hall, compared to 1.2 in May 2024. That is an increase of 49% 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 71 homes newly listed for sale in Stoney Brook Estates, Cliveden, and Lee Hall compared to 64 in May 2024, an increase of 11%. There were 72 current contracts pending sale this May compared to 54 a year ago. The number of current contracts is 33% higher than last May.

In May, the average sale price in Stoney Brook Estates, Cliveden, and Lee Hall was 100.4% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 35, higher than the average last year, which was 25, an increase of 40%.





FOCUS ON: STONEY BROOK ESTATES, CLIVEDEN, AND LEE HALL HOUSING MARKET			MAY 2025

Zip Code(s): 23608 and 23603
Units Sold 53	Active Inventory 91	Median Sale Price $306,000	Days On Market 35

Down -18% Vs. Year Ago	Up 21% Vs. Year Ago	Up 2% Vs. Year Ago	Up 40% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 53 sold this month in Stoney Brook Estates, Cliveden, and Lee Hall Real Estate versus 46 last month, an increase of 15%. This month's total units sold was lower than at this time last year, a decrease of 18% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 16 units or 21%. The total number of active inventory this May was 91 compared to 75 in May 2024. This month's total of 91 is lower than the previous month's total supply of available inventory of 108, a decrease of 16%.
		Median Sale Price Last May, the median sale price for Stoney Brook Estates, Cliveden, and Lee Hall Homes was $300,000. This May, the median sale price was $306,000, an increase of 2% or $6,000 compared to last year. The current median sold price is 2% lower 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.



New Listings 71	Current Contracts 72	Sold Vs. List Price 100.4%	Months of Supply 1.7

Up 11% Vs. Year Ago	Up 33% Vs. Year Ago	No Change Vs. Year Ago	Up 50% Vs. Year Ago


		Months of Supply In May, there was 1.7 months of supply available in Stoney Brook Estates, Cliveden, and Lee Hall, compared to 1.2 in May 2024. That is an increase of 49% 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 71 homes newly listed for sale in Stoney Brook Estates, Cliveden, and Lee Hall compared to 64 in May 2024, an increase of 11%. There were 72 current contracts pending sale this May compared to 54 a year ago. The number of current contracts is 33% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Stoney Brook Estates, Cliveden, and Lee Hall was 100.4% 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 35, higher than the average last year, which was 25, an increase of 40%.


	Stoney Brook Estates, Cliveden, and Lee Hall are defined as properties listed in zip code/s 23608 and 23603.
	*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.