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| JUNE 2025 | |||
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| Zip Code(s): 21131, 21120, 21152, 21053, 21161, 21111, 21155, 21023 and 21020 | |||
| Units Sold 38 |
Active Inventory 57 |
Median Sale Price $732,500 |
Days On Market 53 |
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| Up 12% Vs. Year Ago |
Down -17% Vs. Year Ago |
Up Vs. Year Ago |
Up Vs. Year Ago |
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Units Sold
The number of units sold remained stable in June, with 38 sold this month in Phoenix, Sparks, and Northern Baltimore County Real Estate. This month's total units sold was higher than at this time last year, an increase of 0% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 12 units or 17%. The total number of active inventory this June was 57 compared to 69 in June 2024. This month's total of 57 is lower than the previous month's total supply of available inventory of 74, a decrease of 23%. |
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Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last June, the median sale price for Phoenix, Sparks, and Northern Baltimore County Homes was $699,500. This June, the median sale price was $732,500, an increase of $33,000 compared to last year. The current median sold price is higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 36 |
Current Contracts 39 |
Sold Vs. List Price 97.5% |
Months of Supply 1.5 |
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| No Change Vs. Year Ago |
Up 26% Vs. Year Ago |
Down -2.8% Vs. Year Ago |
Down -26% Vs. Year Ago |
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Months of Supply
In June, there was 1.5 months of supply available in Phoenix, Sparks, and Northern Baltimore County, compared to 2.0 in June 2024. That is a decrease of 26% 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. |
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New Listings & Current Contracts
This month there were 36 homes newly listed for sale in Phoenix, Sparks, and Northern Baltimore County, which is similar to the amount in June 2024. There were 39 current contracts pending sale this June compared to 31 a year ago. The number of current contracts is 26% higher than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Phoenix, Sparks, and Northern Baltimore County was 97.5% 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 53, higher than the average last year, which was 24. This increase was impacted by the limited number of sales. | |||
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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. |
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