PHOENIX, SPARKS, AND NORTHERN BALTIMORE COUNTY HOUSING MARKET DATA

There was a decrease in total units sold in July, with 34 sold this month in Phoenix, Sparks, and Northern Baltimore County Real Estate versus 38 last month, a decrease of 11%. This month's total units sold was lower than at this time last year, a decrease of 3% versus July 2024.

Versus last year, the total number of homes available this month is lower by 27 units or 33%. The total number of active inventory this July was 54 compared to 81 in July 2024. This month's total of 54 is lower than the previous month's total supply of available inventory of 63, a decrease of 14%.

Last July, the median sale price for Phoenix, Sparks, and Northern Baltimore County Homes was $660,000. This July, the median sale price was $662,500, which is similar compared to a year ago. The current median sold price is 10% 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 1.6 months of supply available in Phoenix, Sparks, and Northern Baltimore County, compared to 2.3 in July 2024. That is a decrease of 31% 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 31 homes newly listed for sale in Phoenix, Sparks, and Northern Baltimore County compared to 52 in July 2024, a decrease of 40%. There were 26 current contracts pending sale this July compared to 31 a year ago. The number of current contracts is 16% lower than last July.

In July, the average sale price in Phoenix, Sparks, and Northern Baltimore County was 99.8% of the average list price, which is 1.7% lower than at this time last year.

This month, the average number of days on market was 30, higher than the average last year, which was 16. This increase was impacted by the limited number of sales.





FOCUS ON: PHOENIX, SPARKS, AND NORTHERN BALTIMORE COUNTY HOUSING MARKET			JULY 2025

Zip Code(s): 21131, 21120, 21152, 21053, 21161, 21111, 21155, 21023 and 21020
Units Sold 34	Active Inventory 54	Median Sale Price $662,500	Days On Market 30

Down -3% Vs. Year Ago	Down -33% Vs. Year Ago	No Change Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 34 sold this month in Phoenix, Sparks, and Northern Baltimore County Real Estate versus 38 last month, a decrease of 11%. This month's total units sold was lower than at this time last year, a decrease of 3% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 27 units or 33%. The total number of active inventory this July was 54 compared to 81 in July 2024. This month's total of 54 is lower than the previous month's total supply of available inventory of 63, a decrease of 14%.
		Median Sale Price Last July, the median sale price for Phoenix, Sparks, and Northern Baltimore County Homes was $660,000. This July, the median sale price was $662,500, which is similar compared to a year ago. The current median sold price is 10% 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 31	Current Contracts 26	Sold Vs. List Price 99.8%	Months of Supply 1.6

Down -40% Vs. Year Ago	Down -16% Vs. Year Ago	Down -1.7% Vs. Year Ago	Down -31% Vs. Year Ago


		Months of Supply In July, there was 1.6 months of supply available in Phoenix, Sparks, and Northern Baltimore County, compared to 2.3 in July 2024. That is a decrease of 31% 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 31 homes newly listed for sale in Phoenix, Sparks, and Northern Baltimore County compared to 52 in July 2024, a decrease of 40%. There were 26 current contracts pending sale this July compared to 31 a year ago. The number of current contracts is 16% lower than last July.
		Sale Price to List Price Ratio In July, the average sale price in Phoenix, Sparks, and Northern Baltimore County was 99.8% of the average list price, which is 1.7% lower than at this time last year. Days on Market This month, the average number of days on market was 30, higher than the average last year, which was 16. This increase was impacted by the limited number of sales.


	Phoenix, Sparks, and Northern Baltimore County are defined as properties listed in zip code/s 21131, 21120, 21152, 21053, 21161, 21111, 21155, 21023 and 21020.
	*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.