The Long & Foster Market Minute

Focus On: Waynesboro, Fayetteville, and Wayne Heights Housing Market June 2021

Zip Code(s): 17222, 17237 and 17268
Units Sold
82
Active Inventory
70
Median Sale Price
$200,000
Days On Market
24
Up
Vs. Year Ago
Down -48%
Vs. Year Ago
Up 6%
Vs. Year Ago
Down -61%
Vs. Year Ago

Units Sold
There was an increase in total units sold in June, with 82 sold this month in Waynesboro, Fayetteville, and Wayne Heights Real Estate. This month's total units sold was higher than at this time last year.

Active Inventory
Versus last year, the total number of homes available this month is lower by 65 units or 48%. The total number of active inventory this June was 70 compared to 135 in June 2020. This month's total of 70 is higher than the previous month's total supply of available inventory of 68, an increase of 3%.

Median Sale Price
Last June, the median sale price for Waynesboro, Fayetteville, and Wayne Heights Homes was $189,500. This June, the median sale price was approximately the same at $200,000. The current median sold price is 6% higher than in June 2020.

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


New Listings
74
Current Contracts
63
Sold Vs. List Price
100.0%
Months of Supply
0.9
Down -4%
Vs. Year Ago
Down -24%
Vs. Year Ago
Up 1.4%
Vs. Year Ago
Down -75%
Vs. Year Ago

Months of Supply
In June, there was 0.9 months of supply available in Waynesboro, Fayetteville, and Wayne Heights, compared to 3.5 in June 2020. That is a decrease of 75% 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 74 homes newly listed for sale in Waynesboro, Fayetteville, and Wayne Heights compared to 77 in June 2020, a decrease of 4%. There were 63 current contracts pending sale this June compared to 83 a year ago. The number of current contracts is 24% lower than last June.

Sale Price to List Price Ratio
In June, the average sale price in Waynesboro, Fayetteville, and Wayne Heights was 100.0% of the average list price, which is 1.4% higher than at this time last year.

Days on Market
This month, the average number of days on market was 24, lower than the average last year, which was 61, a decrease of 61%.

The Long & Foster Market Minute Waynesboro, Fayetteville, and Wayne Heights are defined as properties listed in zip code/s 17222, 17237 and 17268.
*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 BRIGHTMLS 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 BRIGHTMLS or Long & Foster Real Estate, Inc.