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| MARCH 2025 | |||
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| Zip Code(s): 23059 | |||
| Units Sold 49 |
Active Inventory 85 |
Median Sale Price $523,235 |
Days On Market 34 |
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| Up 20% Vs. Year Ago |
Down -6% Vs. Year Ago |
Down -11% Vs. Year Ago |
Up 48% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in March, with 49 sold this month in Wyndham Real Estate. This month's total units sold was higher than at this time last year. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 5 units or 6%. The total number of active inventory this March was 85 compared to 90 in March 2024. This month's total of 85 is higher than the previous month's total supply of available inventory of 76, an increase of 12%. |
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Median Sale Price
Last March, the median sale price for Wyndham Homes was $585,350. This March, the median sale price was $523,235, a decrease of 11% or $62,115 compared to last year. The current median sold price is 6% lower than in February. 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 63 |
Current Contracts 47 |
Sold Vs. List Price 99.7% |
Months of Supply 1.7 |
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| Down -10% Vs. Year Ago |
Down -22% Vs. Year Ago |
Down -2.4% Vs. Year Ago |
Down -21% Vs. Year Ago |
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Months of Supply
In March, there was 1.7 months of supply available in Wyndham, compared to 2.2 in March 2024. That is a decrease of 21% 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 63 homes newly listed for sale in Wyndham compared to 70 in March 2024, a decrease of 10%. There were 47 current contracts pending sale this March compared to 60 a year ago. The number of current contracts is 22% lower than last March. |
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Sale Price to List Price Ratio
In March, the average sale price in Wyndham was 99.7% of the average list price, which is 2.5% lower than at this time last year. Days on Market
This month, the average number of days on market was 34, higher than the average last year, which was 23, an increase of 48%. | |||
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Wyndham are defined as properties listed in zip code/s 23059. | ||
| *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. |
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