LEXINGTON PARK, GREAT MILLS, AND SOUTHERN ST. MARY'S COUNTY HOUSING MARKET DATA

There was an increase in total units sold in July, with 49 sold this month in Lexington Park, Great Mills, and Southern St. Mary's County Real Estate versus 41 last month, an increase of 20%. This month's total units sold was lower than at this time last year, a decrease of 9% versus July 2024.

Versus last year, the total number of homes available this month is higher by 22 units or 27%. The total number of active inventory this July was 104 compared to 82 in July 2024. This month's total of 104 is lower than the previous month's total supply of available inventory of 114, a decrease of 9%.

Last July, the median sale price for Lexington Park, Great Mills, and Southern St. Mary's County Homes was $411,000. This July, the median sale price was $405,000, a decrease of 1% or $6,000 compared to last year. The current median sold price is 7% higher than in June.

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

In July, there was 2.1 months of supply available in Lexington Park, Great Mills, and Southern St. Mary's County, compared to 1.5 in July 2024. That is an increase of 40% 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.

This month there were 53 homes newly listed for sale in Lexington Park, Great Mills, and Southern St. Mary's County compared to 55 in July 2024, a decrease of 4%. There were 41 current contracts pending sale this July compared to 52 a year ago. The number of current contracts is 21% lower than last July.

In July, the average sale price in Lexington Park, Great Mills, and Southern St. Mary's County was 100.0% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 27, higher than the average last year, which was 25, an increase of 8%.





FOCUS ON: LEXINGTON PARK, GREAT MILLS, AND SOUTHERN ST. MARY'S COUNTY HOUSING MARKET			JULY 2025

Zip Code(s): 20653, 20634, 20620, 20667, 20692, 20690, 20674, 20630, 20684, 20628, 20680, 20687 and 20686
Units Sold 49	Active Inventory 104	Median Sale Price $405,000	Days On Market 27

Down -9% Vs. Year Ago	Up 27% Vs. Year Ago	Down -1% Vs. Year Ago	Up 8% Vs. Year Ago


		Units Sold There was an increase in total units sold in July, with 49 sold this month in Lexington Park, Great Mills, and Southern St. Mary's County Real Estate versus 41 last month, an increase of 20%. This month's total units sold was lower than at this time last year, a decrease of 9% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 22 units or 27%. The total number of active inventory this July was 104 compared to 82 in July 2024. This month's total of 104 is lower than the previous month's total supply of available inventory of 114, a decrease of 9%.
		Median Sale Price Last July, the median sale price for Lexington Park, Great Mills, and Southern St. Mary's County Homes was $411,000. This July, the median sale price was $405,000, a decrease of 1% or $6,000 compared to last year. The current median sold price is 7% higher than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 53	Current Contracts 41	Sold Vs. List Price 100.0%	Months of Supply 2.1

Down -4% Vs. Year Ago	Down -21% Vs. Year Ago	No Change Vs. Year Ago	Up 39% Vs. Year Ago


		Months of Supply In July, there was 2.1 months of supply available in Lexington Park, Great Mills, and Southern St. Mary's County, compared to 1.5 in July 2024. That is an increase of 40% 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 53 homes newly listed for sale in Lexington Park, Great Mills, and Southern St. Mary's County compared to 55 in July 2024, a decrease of 4%. There were 41 current contracts pending sale this July compared to 52 a year ago. The number of current contracts is 21% lower than last July.
		Sale Price to List Price Ratio In July, the average sale price in Lexington Park, Great Mills, and Southern St. Mary's County was 100.0% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 27, higher than the average last year, which was 25, an increase of 8%.


	Lexington Park, Great Mills, and Southern St. Mary's County are defined as properties listed in zip code/s 20653, 20634, 20620, 20667, 20692, 20690, 20674, 20692, 20630, 20684, 20628, 20684, 20680, 20687 and 20686.
	*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 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.