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| AUGUST 2025 | |||
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| Units Sold 33 |
Active Inventory 69 |
Median Sale Price $369,000 |
Days On Market 51 |
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| Up Vs. Year Ago |
Down -16% Vs. Year Ago |
Up 8% Vs. Year Ago |
Up 21% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in August, with 33 sold this month in King William County Real Estate. This month's total units sold was higher than at this time last year, an increase from August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 13 units or 16%. The total number of active inventory this August was 69 compared to 82 in August 2024. This month's total of 69 is lower than the previous month's total supply of available inventory of 78, a decrease of 12%. |
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Median Sale Price
Last August, the median sale price for King William County Homes was $342,500. This August, the median sale price was approximately the same at $369,000. The current median sold price is 8% higher than in August 2024. 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 25 |
Current Contracts 23 |
Sold Vs. List Price 99.9% |
Months of Supply 2.1 |
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| Down -19% Vs. Year Ago |
Up 5% Vs. Year Ago |
Up 1.3% Vs. Year Ago |
Down -23% Vs. Year Ago |
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Months of Supply
In August, there was 2.1 months of supply available in King William County, compared to 2.7 in August 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 25 homes newly listed for sale in King William County compared to 31 in August 2024, a decrease of 19%. There were 23 current contracts pending sale this August compared to 22 a year ago. The number of current contracts is 5% higher than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in King William County was 99.9% of the average list price, which is 1.3% higher than at this time last year. Days on Market
This month, the average number of days on market was 51, higher than the average last year, which was 42, an increase of 21%. | |||
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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 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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