The Long & Foster Market Minute

FOCUS ON: MOUNT AIRY, NEW MARKET, AND IJAMSVILLE HOUSING MARKET JULY 2025

Zip Code(s): 21771, 21774, 21754 and 21770
Units Sold
64
Active Inventory
133
Median Sale Price
$633,000
Days On Market
23
Down -18%
Vs. Year Ago
Up 14%
Vs. Year Ago
Down -6%
Vs. Year Ago
Up 28%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in July, with 64 sold this month in Mount Airy, New Market, and Ijamsville Real Estate versus 73 last month, a decrease of 12%. This month's total units sold was lower than at this time last year, a decrease of 18% versus July 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 16 units or 14%. The total number of active inventory this July was 133 compared to 117 in July 2024. This month's total of 133 is lower than the previous month's total supply of available inventory of 157, a decrease of 15%.

Median Sale Price
Last July, the median sale price for Mount Airy, New Market, and Ijamsville Homes was $670,000. This July, the median sale price was $633,000, a decrease of 6% or $37,000 compared to last year. The current median sold price is 3% lower 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
73
Current Contracts
67
Sold Vs. List Price
99.4%
Months of Supply
2.1
Down -15%
Vs. Year Ago
Down -6%
Vs. Year Ago
Down -0.7%
Vs. Year Ago
Up 39%
Vs. Year Ago

Months of Supply
In July, there was 2.1 months of supply available in Mount Airy, New Market, and Ijamsville, compared to 1.5 in July 2024. That is an increase of 39% 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 73 homes newly listed for sale in Mount Airy, New Market, and Ijamsville compared to 86 in July 2024, a decrease of 15%. There were 67 current contracts pending sale this July compared to 71 a year ago. The number of current contracts is 6% lower than last July.

Sale Price to List Price Ratio
In July, the average sale price in Mount Airy, New Market, and Ijamsville was 99.4% of the average list price, which is 0.7% lower than at this time last year.

Days on Market
This month, the average number of days on market was 23, higher than the average last year, which was 18, an increase of 28%.

The Long & Foster Market Minute Mount Airy, New Market, and Ijamsville are defined as properties listed in zip code/s 21771, 21774, 21754 and 21770.
*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.