WINDSOR FARMS, THE FAN, AND MUSEUM DISTRICT HOUSING MARKET DATA

There was an increase in total units sold in May, with 67 sold this month in Windsor Farms, The Fan, and Museum District Real Estate versus 52 last month, an increase of 29%. This month's total units sold was lower than at this time last year, a decrease of 4% versus May 2024.

Versus last year, the total number of homes available this month is higher by 8 units or 8%. The total number of active inventory this May was 103 compared to 95 in May 2024. This month's total of 103 is higher than the previous month's total supply of available inventory of 101, an increase of 2%.

Last May, the median sale price for Windsor Farms, The Fan, and Museum District Homes was $580,000. This May, the median sale price was $607,000, an increase of 5% or $27,000 compared to last year. The current median sold price is 7% 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.

In May, there was 1.5 months of supply available in Windsor Farms, The Fan, and Museum District, compared to 1.4 in May 2024. That is an increase of 13% 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 77 homes newly listed for sale in Windsor Farms, The Fan, and Museum District compared to 79 in May 2024, a decrease of 3%. There were 65 current contracts pending sale this May compared to 60 a year ago. The number of current contracts is 8% higher than last May.

In May, the average sale price in Windsor Farms, The Fan, and Museum District was 103.5% of the average list price, which is 2.2% lower than at this time last year.

This month, the average number of days on market was 29, higher than the average last year, which was 21, an increase of 38%.





FOCUS ON: WINDSOR FARMS, THE FAN, AND MUSEUM DISTRICT HOUSING MARKET			MAY 2025

Zip Code(s): 23221, 23220, 23241 and 23219
Units Sold 67	Active Inventory 103	Median Sale Price $607,000	Days On Market 29

Down -4% Vs. Year Ago	Up 8% Vs. Year Ago	Up 5% Vs. Year Ago	Up 38% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 67 sold this month in Windsor Farms, The Fan, and Museum District Real Estate versus 52 last month, an increase of 29%. This month's total units sold was lower than at this time last year, a decrease of 4% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 8 units or 8%. The total number of active inventory this May was 103 compared to 95 in May 2024. This month's total of 103 is higher than the previous month's total supply of available inventory of 101, an increase of 2%.
		Median Sale Price Last May, the median sale price for Windsor Farms, The Fan, and Museum District Homes was $580,000. This May, the median sale price was $607,000, an increase of 5% or $27,000 compared to last year. The current median sold price is 7% 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.



New Listings 77	Current Contracts 65	Sold Vs. List Price 103.5%	Months of Supply 1.5

Down -3% Vs. Year Ago	Up 8% Vs. Year Ago	Down -2.1% Vs. Year Ago	Up 13% Vs. Year Ago


		Months of Supply In May, there was 1.5 months of supply available in Windsor Farms, The Fan, and Museum District, compared to 1.4 in May 2024. That is an increase of 13% 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 77 homes newly listed for sale in Windsor Farms, The Fan, and Museum District compared to 79 in May 2024, a decrease of 3%. There were 65 current contracts pending sale this May compared to 60 a year ago. The number of current contracts is 8% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Windsor Farms, The Fan, and Museum District was 103.5% of the average list price, which is 2.2% lower than at this time last year. Days on Market This month, the average number of days on market was 29, higher than the average last year, which was 21, an increase of 38%.


	Windsor Farms, The Fan, and Museum District are defined as properties listed in zip code/s 23221, 23220, 23241 and 23219.
	*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.