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Falmouth Home Values and Market Report

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Report prepared by johnflowersrealtor.com John Flowers Realtor

Market at a glance

Over the last 12 months, homes sold for 99.1% of list price in 48 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $140K Sold · $138K
$250K$210K$170K$130K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Feb. Last month: 1.

Where the market stands

All homes in this report, by status.

5homes
Active2 · 40%
Under contract1 · 20%
Sold (12 mo)2 · 40%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

12.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$422K
Under contract$425K
Sold$186K

Average days on market

Active11 days
Under contract120 days
Sold48 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2
Average list price $422,500
Avg. days on market 11 days Based on 1 of 2 homes
Avg. price per ft² $364 Based on 1 of 2 homes
Avg. living area 960 ft² Based on 1 of 2 homes
Avg. beds / baths 3.0 / 1.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$600K$400K$200K$0

Price vs. living area: 1 home plotted, up to $600K and 1,500 ft².

0 ft²5001,0001,500 ft²

How long homes have been listed

Number of homes by days on market.

1 home didn’t report days on market and isn’t shown.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 1 home in this status.

1410 Northridge Dr$364

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
Potomac Run RdFalmouth, VA 22405 ———$495,000——
1410 Northridge DrFalmouth, VA 22405 31960$350,000$36411 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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