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

There was a decrease in total units sold in April, with 52 sold this month in Windsor Farms, The Fan, and Museum District Real Estate versus 57 last month, a decrease of 9%. This month's total units sold was lower than at this time last year, a decrease of 5% versus April 2024.

Versus last year, the total number of homes available this month is higher by 1 units or 1%. The total number of active inventory this April was 89 compared to 88 in April 2024. This month's total of 89 is lower than the previous month's total supply of available inventory of 91, a decrease of 2%.

Last April, the median sale price for Windsor Farms, The Fan, and Museum District Homes was $557,500. This April, the median sale price was $565,000, an increase of 1% or $7,500 compared to last year. The current median sold price is 13% higher than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In April, there was 1.7 months of supply available in Windsor Farms, The Fan, and Museum District, compared to 1.6 in April 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.

This month there were 82 homes newly listed for sale in Windsor Farms, The Fan, and Museum District compared to 80 in April 2024, an increase of 3%. There were 73 current contracts pending sale this April compared to 62 a year ago. The number of current contracts is 18% higher than last April.

In April, the average sale price in Windsor Farms, The Fan, and Museum District was 108.1% of the average list price, which is 2.7% higher than at this time last year.

This month, the average number of days on market was 20, higher than the average last year, which was 8, an increase of 150%.





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

Zip Code(s): 23221, 23220, 23241 and 23219
Units Sold 52	Active Inventory 89	Median Sale Price $565,000	Days On Market 20

Down -5% Vs. Year Ago	Up 1% Vs. Year Ago	Up 1% Vs. Year Ago	Up 150% Vs. Year Ago


		Units Sold There was a decrease in total units sold in April, with 52 sold this month in Windsor Farms, The Fan, and Museum District Real Estate versus 57 last month, a decrease of 9%. This month's total units sold was lower than at this time last year, a decrease of 5% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 1 units or 1%. The total number of active inventory this April was 89 compared to 88 in April 2024. This month's total of 89 is lower than the previous month's total supply of available inventory of 91, a decrease of 2%.
		Median Sale Price Last April, the median sale price for Windsor Farms, The Fan, and Museum District Homes was $557,500. This April, the median sale price was $565,000, an increase of 1% or $7,500 compared to last year. The current median sold price is 13% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 82	Current Contracts 73	Sold Vs. List Price 108.1%	Months of Supply 1.7

Up 2% Vs. Year Ago	Up 18% Vs. Year Ago	Up 2.6% Vs. Year Ago	Up 7% Vs. Year Ago


		Months of Supply In April, there was 1.7 months of supply available in Windsor Farms, The Fan, and Museum District, compared to 1.6 in April 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.
New Listings & Current Contracts This month there were 82 homes newly listed for sale in Windsor Farms, The Fan, and Museum District compared to 80 in April 2024, an increase of 3%. There were 73 current contracts pending sale this April compared to 62 a year ago. The number of current contracts is 18% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Windsor Farms, The Fan, and Museum District was 108.1% of the average list price, which is 2.7% higher than at this time last year. Days on Market This month, the average number of days on market was 20, higher than the average last year, which was 8, an increase of 150%.


	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.