The Long & Foster Market Minute

FOCUS ON: CROFTON, CROWNSVILLE, AND GAMBRILLS HOUSING MARKET AUGUST 2025

Zip Code(s): 21114, 21032 and 21054
Units Sold
61
Active Inventory
72
Median Sale Price
$520,000
Days On Market
24
Up 27%
Vs. Year Ago
Down -20%
Vs. Year Ago
Up 7%
Vs. Year Ago
Up 41%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in August, with 61 sold this month in Crofton, Crownsville, and Gambrills Real Estate versus 68 last month, a decrease of 10%. This month's total units sold was higher than at this time last year, an increase of 27% versus August 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 18 units or 20%. The total number of active inventory this August was 72 compared to 90 in August 2024. This month's total of 72 is lower than the previous month's total supply of available inventory of 93, a decrease of 23%.

Median Sale Price
Last August, the median sale price for Crofton, Crownsville, and Gambrills Homes was $486,000. This August, the median sale price was approximately the same at $520,000. The current median sold price is 7% 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.


New Listings
48
Current Contracts
60
Sold Vs. List Price
99.0%
Months of Supply
1.2
Down -28%
Vs. Year Ago
No Change
Vs. Year Ago
Down -2.7%
Vs. Year Ago
Down -37%
Vs. Year Ago

Months of Supply
In August, there was 1.2 months of supply available in Crofton, Crownsville, and Gambrills, compared to 1.9 in August 2024. That is a decrease of 37% 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 48 homes newly listed for sale in Crofton, Crownsville, and Gambrills compared to 67 in August 2024, a decrease of 28%. There were 60 current contracts pending sale this August, consistent with the volume a year ago. The number of current contracts is 3% lower than last month.

Sale Price to List Price Ratio
In August, the average sale price in Crofton, Crownsville, and Gambrills was 99.0% of the average list price, which is 2.8% lower than at this time last year.

Days on Market
This month, the average number of days on market was 24, higher than the average last year, which was 17, an increase of 41%.

The Long & Foster Market Minute Crofton, Crownsville, and Gambrills are defined as properties listed in zip code/s 21114, 21032 and 21054.
*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.