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| FOCUS ON: TALBOT COUNTY HOUSING MARKET |
SEPTEMBER 2025 |
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Units Sold
58 |
Active Inventory
255 |
Median Sale Price
$545,000 |
Days On Market
68 |
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Up
Vs. Year Ago |
Up 53%
Vs. Year Ago |
Up 1%
Vs. Year Ago |
Up 70%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 58 sold this month in Talbot County Real Estate. This month's total units sold was higher than at this time last year.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 88 units or 53%. The total number of active inventory this September was 255 compared to 167 in September 2024. This month's total of 255 is higher than the previous month's total supply of available inventory of 245, an increase of 4%.
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Median Sale Price
Last September, the median sale price for Talbot County Homes was $540,000. This September, the median sale price was $545,000, an increase of 1% or $5,000 compared to last year. The current median sold price is 6% lower than in August.
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
68 |
Current Contracts
50 |
Sold Vs. List Price
94.1% |
Months of Supply
4.4 |
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Up 28%
Vs. Year Ago |
Down -12%
Vs. Year Ago |
Down -1.3%
Vs. Year Ago |
Down -8%
Vs. Year Ago |
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Months of Supply
In September, there was 4.4 months of supply available in Talbot County, compared to 4.8 in September 2024. That is a decrease of 8% 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 68 homes newly listed for sale in Talbot County compared to 53 in September 2024, an increase of 28%. There were 50 current contracts pending sale this September compared to 57 a year ago. The number of current contracts is 12% lower than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Talbot County was 94.1% of the average list price, which is 1.2% lower than at this time last year.
Days on Market
This month, the average number of days on market was 68, higher than the average last year, which was 40, an increase of 70%.
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| *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. |