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| JANUARY 2025 | |||
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| Units Sold 33 |
Active Inventory 74 |
Median Sale Price $354,430 |
Days On Market 32 |
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| Up Vs. Year Ago |
Up 14% Vs. Year Ago |
Up 19% Vs. Year Ago |
Down -18% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in January, with 33 sold this month in Augusta County Real Estate. This month's total units sold was higher than at this time last year, an increase from January 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 9 units or 14%. The total number of active inventory this January was 74 compared to 65 in January 2024. This month's total of 74 is lower than the previous month's total supply of available inventory of 82, a decrease of 10%. |
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Median Sale Price
Last January, the median sale price for Augusta County Homes was $297,450. This January, the median sale price was $354,430, an increase of 19% or $56,980 compared to last year. The current median sold price is 1% lower than in December. 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 31 |
Current Contracts 28 |
Sold Vs. List Price 98.4% |
Months of Supply 2.2 |
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| Up 3% Vs. Year Ago |
Down -3% Vs. Year Ago |
Up 0.8% Vs. Year Ago |
Down -24% Vs. Year Ago |
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Months of Supply
In January, there was 2.2 months of supply available in Augusta County, compared to 3.0 in January 2024. That is a decrease of 24% 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 31 homes newly listed for sale in Augusta County compared to 30 in January 2024, an increase of 3%. There were 28 current contracts pending sale this January compared to 29 a year ago. The number of current contracts is 3% lower than last January. |
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Sale Price to List Price Ratio
In January, the average sale price in Augusta County was 98.4% of the average list price, which is 0.8% higher than at this time last year. Days on Market
This month, the average number of days on market was 32, lower than the average last year, which was 39, a decrease of 18%. | |||
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| *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 CGAHR 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 CGAHR or Long & Foster Real Estate, Inc. |
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