The Long & Foster Market Minute

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

Zip Code(s): 23221, 23220, 23241 and 23219
Units Sold
57
Active Inventory
106
Median Sale Price
$560,000
Days On Market
15
Down -10%
Vs. Year Ago
Up 15%
Vs. Year Ago
Up 11%
Vs. Year Ago
Up 15%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 57 sold this month in Windsor Farms, The Fan, and Museum District Real Estate versus 67 last month, a decrease of 15%. This month's total units sold was lower than at this time last year, a decrease of 10% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 14 units or 15%. The total number of active inventory this June was 106 compared to 92 in June 2024. This month's total of 106 is lower than the previous month's total supply of available inventory of 108, a decrease of 2%.

Median Sale Price
Last June, the median sale price for Windsor Farms, The Fan, and Museum District Homes was $502,500. This June, the median sale price was $560,000, an increase of 11% or $57,500 compared to last year. The current median sold price is 8% lower than in May.

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


New Listings
73
Current Contracts
60
Sold Vs. List Price
103.2%
Months of Supply
1.9
Up 35%
Vs. Year Ago
Up 20%
Vs. Year Ago
Down -0.8%
Vs. Year Ago
Up 27%
Vs. Year Ago

Months of Supply
In June, there was 1.9 months of supply available in Windsor Farms, The Fan, and Museum District, compared to 1.5 in June 2024. That is an increase of 27% 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 73 homes newly listed for sale in Windsor Farms, The Fan, and Museum District compared to 54 in June 2024, an increase of 35%. There were 60 current contracts pending sale this June compared to 50 a year ago. The number of current contracts is 20% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Windsor Farms, The Fan, and Museum District was 103.2% of the average list price, which is 0.8% lower than at this time last year.

Days on Market
This month, the average number of days on market was 15, higher than the average last year, which was 13, an increase of 15%.

The Long & Foster Market Minute 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.
REALTOR, Equal Opportunity HousingInformation 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.