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What does a Sold Score of 32 mean in Albemarle?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
32/100
YoY Challenging Market Conditions
Pending ratio
0.42
YoY contracts vs active
Inventory YoY
+0.3%
YoY active listings
Median DOM
62
YoY days on market
Price cuts
39.5%
YoY of active listings
A Sold Score of **32/100** in Albemarle (May 2026) puts the market in the **"Challenging Market Conditions"** band. The bands work like this: - **80–100** Excellent Chance of Selling — strong demand, tight inventory - **60–79** Good Chance of Selling — balanced, leaning seller - **40–59** Fair Chance of Selling — balanced, pricing matters - **30–39** Challenging Market Conditions — buyers have leverage - **0–29** Difficult Selling Environment — listings sit, price cuts are common The current score is driven by pending ratio of 0.42, inventory up +34.4% YoY, 62 median days on market, 39.5% of listings reducing price. Pending ratio carries 60% of the weight; inventory, days on market, and price reductions each contribute the remainder. — Live indicators (May 2026): Sold Score: 32/100 (Challenging Market Conditions) · Pending ratio: 0.42 · Inventory YoY: +34.4% · Median days on market: 62 · Sellers cutting price: 39.5% · Median listing price: $347,450 (-9.0% YoY)

Albemarle snapshot

As of the latest 2026 data
Median listing
$347K
YoY -0.1%
Active inventory
357
YoY +0.3%
Median DOM
59
YoY +0.0%
Pending ratio
0.37
YoY -0.0%
Price-reduced
23.7%
YoY +0.0%
P

Primpted Housing Analyst

Data-backed

Primpted research desk

The 'Sold Score' you provided isn't a standard housing market metric, so I can't tell you what it means for Albemarle. I can, however, give you an overview of the current housing market based on the data available. Let's look at some key numbers to help you understand what's happening right now in Albemarle.The median listing price in Albemarle is $347,450. This is slightly down by 0.7% from the previous month and a bigger drop of 9.0% compared to last year. This suggests that prices have been cooling off.There are 357 homes for sale right now, which is a significant increase of nearly 30% from last year. More homes on the market can give buyers more choices.Homes are staying on the market for an average of 59 days. This hasn't changed much from last year. Also, about 23.7% of homes have had their prices reduced, which is a slight increase from last year.If you're thinking about buying, more homes are available, and prices have softened a bit, which could mean more opportunities for you.

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