 |
|||
 |
|||
| | |||
| SEPTEMBER 2025 | |||
| | |||
| Zip Code(s): 23221, 23220, 23241 and 23219 | |||
| Units Sold 38 |
Active Inventory 117 |
Median Sale Price $577,500 |
Days On Market 25 |
|
|
|
|
|
| Down -5% Vs. Year Ago |
Up 19% Vs. Year Ago |
Up Vs. Year Ago |
Up 14% Vs. Year Ago |
| | |||
Units Sold
There was a decrease in total units sold in September, with 38 sold this month in Windsor Farms, The Fan, and Museum District Real Estate versus 50 last month, a decrease of 24%. This month's total units sold was lower than at this time last year, a decrease of 5% versus September 2024. |
|||
Active Inventory
Versus last year, the total number of homes available this month is higher by 19 units or 19%. The total number of active inventory this September was 117 compared to 98 in September 2024. This month's total of 117 is higher than the previous month's total supply of available inventory of 114, an increase of 3%. |
|||
Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last September, the median sale price for Windsor Farms, The Fan, and Museum District Homes was $457,310. This September, the median sale price was $577,500, an increase of $120,190 compared to last year. The current median sold price is higher 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. |
|||
| | |||
| New Listings 81 |
Current Contracts 70 |
Sold Vs. List Price 102.4% |
Months of Supply 3.1 |
|
|
|
|
|
| Up 5% Vs. Year Ago |
Up 8% Vs. Year Ago |
No Change Vs. Year Ago |
Up 26% Vs. Year Ago |
| | |||
Months of Supply
In September, there was 3.1 months of supply available in Windsor Farms, The Fan, and Museum District, compared to 2.5 in September 2024. That is an increase of 26% 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 81 homes newly listed for sale in Windsor Farms, The Fan, and Museum District compared to 77 in September 2024, an increase of 5%. There were 70 current contracts pending sale this September compared to 65 a year ago. The number of current contracts is 8% higher than last September. |
|||
Sale Price to List Price Ratio
In September, the average sale price in Windsor Farms, The Fan, and Museum District was 102.4% 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 25, higher than the average last year, which was 22, an increase of 14%. | |||
 |
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. |
|||