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| FOCUS ON: WESTOVER HILLS HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 23225 |
Units Sold
33 |
Active Inventory
63 |
Median Sale Price
$392,500 |
Days On Market
24 |
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Down -3%
Vs. Year Ago |
Up 9%
Vs. Year Ago |
Down -4%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 33 sold this month in Westover Hills Real Estate versus 41 last month, a decrease of 20%. This month's total units sold was lower than at this time last year, a decrease of 3% versus September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 5 units or 9%. The total number of active inventory this September was 63 compared to 58 in September 2024. This month's total of 63 is lower than the previous month's total supply of available inventory of 75, a decrease of 16%.
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Median Sale Price
Last September, the median sale price for Westover Hills Homes was $407,950. This September, the median sale price was $392,500, a decrease of 4% or $15,450 compared to last year. The current median sold price is 22% lower 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.
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New Listings
34 |
Current Contracts
35 |
Sold Vs. List Price
101.6% |
Months of Supply
1.9 |
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Down -33%
Vs. Year Ago |
Down -5%
Vs. Year Ago |
Up 2.4%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
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Months of Supply
In September, there was 1.9 months of supply available in Westover Hills, compared to 1.7 in September 2024. That is an increase of 12% 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 34 homes newly listed for sale in Westover Hills compared to 51 in September 2024, a decrease of 33%. There were 35 current contracts pending sale this September compared to 37 a year ago. The number of current contracts is 5% lower than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Westover Hills was 101.6% of the average list price, which is 2.4% higher than at this time last year.
Days on Market
This month, the average number of days on market was 24, which is similar compared to a year ago.
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Westover Hills are defined as properties listed in zip code/s 23225. |
| *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. |