 |
|||
 |
|||
| | |||
| JUNE 2025 | |||
| | |||
| Units Sold 196 |
Active Inventory 484 |
Median Sale Price $297,500 |
Days On Market 41 |
|
|
|
|
|
| Down -11% Vs. Year Ago |
Up 14% Vs. Year Ago |
Up 6% Vs. Year Ago |
Up 17% Vs. Year Ago |
| | |||
Units Sold
There was a decrease in total units sold in June, with 196 sold this month in Davidson County Real Estate versus 209 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 11% versus June 2024. |
|||
Active Inventory
Versus last year, the total number of homes available this month is higher by 61 units or 14%. The total number of active inventory this June was 484 compared to 423 in June 2024. This month's total of 484 is lower than the previous month's total supply of available inventory of 509, a decrease of 5%. |
|||
Median Sale Price
Last June, the median sale price for Davidson County Homes was $279,990. This June, the median sale price was $297,500, an increase of 6% or $17,510 compared to last year. The current median sold price is 1% 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 240 |
Current Contracts 217 |
Sold Vs. List Price 98.3% |
Months of Supply 2.5 |
|
|
|
|
|
| Down -1% Vs. Year Ago |
Up 19% Vs. Year Ago |
Down -0.6% Vs. Year Ago |
Up 29% Vs. Year Ago |
| | |||
Months of Supply
In June, there was 2.5 months of supply available in Davidson County, compared to 1.9 in June 2024. That is an increase of 29% 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 240 homes newly listed for sale in Davidson County compared to 243 in June 2024, a decrease of 1%. There were 217 current contracts pending sale this June compared to 182 a year ago. The number of current contracts is 19% higher than last June. |
|||
Sale Price to List Price Ratio
In June, the average sale price in Davidson County was 98.3% of the average list price, which is 0.6% lower than at this time last year. Days on Market
This month, the average number of days on market was 41, higher than the average last year, which was 35, an increase of 17%. | |||
 |
|||
| *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 TRIAD 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 TRIAD or Long & Foster Real Estate, Inc. |
|||