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| MARCH 2025 | |||
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| Units Sold 40 |
Active Inventory 110 |
Median Sale Price $417,500 |
Days On Market 46 |
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| Down -9% Vs. Year Ago |
Down -3% Vs. Year Ago |
Up 2% Vs. Year Ago |
Up 2% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in March, with 40 sold this month in Warren County Real Estate. This month's total units sold was lower than at this time last year. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 3 units or 3%. The total number of active inventory this March was 110 compared to 113 in March 2024. This month's total of 110 is lower than the previous month's total supply of available inventory of 121, a decrease of 9%. |
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Median Sale Price
Last March, the median sale price for Warren County Homes was $411,250. This March, the median sale price was $417,500, an increase of 2% or $6,250 compared to last year. The current median sold price is 10% higher than in February. 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 65 |
Current Contracts 59 |
Sold Vs. List Price 101.4% |
Months of Supply 2.8 |
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| Down -25% Vs. Year Ago |
Up 7% Vs. Year Ago |
Up 0.7% Vs. Year Ago |
Up 7% Vs. Year Ago |
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Months of Supply
In March, there was 2.8 months of supply available in Warren County, compared to 2.6 in March 2024. That is an increase 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. |
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New Listings & Current Contracts
This month there were 65 homes newly listed for sale in Warren County compared to 87 in March 2024, a decrease of 25%. There were 59 current contracts pending sale this March compared to 55 a year ago. The number of current contracts is 7% higher than last March. |
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Sale Price to List Price Ratio
In March, the average sale price in Warren County was 101.4% of the average list price, which is 0.7% higher than at this time last year. Days on Market
This month, the average number of days on market was 46, higher than the average last year, which was 45, an increase of 2%. | |||
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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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