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| AUGUST 2025 | |||
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| Units Sold 79 |
Active Inventory 329 |
Median Sale Price $265,000 |
Days On Market 47 |
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| Down -13% Vs. Year Ago |
Up 31% Vs. Year Ago |
Up 2% Vs. Year Ago |
Up 34% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 79 sold this month in Wicomico County Real Estate versus 92 last month, a decrease of 14%. This month's total units sold was lower than at this time last year, a decrease of 13% versus August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 77 units or 31%. The total number of active inventory this August was 329 compared to 252 in August 2024. This month's total of 329 is lower than the previous month's total supply of available inventory of 362, a decrease of 9%. |
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Median Sale Price
Last August, the median sale price for Wicomico County Homes was $260,000. This August, the median sale price was $265,000, an increase of 2% or $5,000 compared to last year. The current median sold price is 7% lower than in July. 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 117 |
Current Contracts 119 |
Sold Vs. List Price 97.6% |
Months of Supply 4.2 |
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| Up 6% Vs. Year Ago |
Up 55% Vs. Year Ago |
Down -0.5% Vs. Year Ago |
Up 50% Vs. Year Ago |
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Months of Supply
In August, there was 4.2 months of supply available in Wicomico County, compared to 2.8 in August 2024. That is an increase of 50% 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 117 homes newly listed for sale in Wicomico County compared to 110 in August 2024, an increase of 6%. There were 119 current contracts pending sale this August compared to 77 a year ago. The number of current contracts is 55% higher than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Wicomico County was 97.6% of the average list price, which is 0.5% lower than at this time last year. Days on Market
This month, the average number of days on market was 47, higher than the average last year, which was 35, an increase of 34%. | |||
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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. |
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