MILTON HOUSING MARKET DATA

There was an increase in total units sold in May, with 31 sold this month in Milton Real Estate versus 30 last month, an increase of 3%. This month's total units sold was lower than at this time last year, a decrease of 3% versus May 2024.

Versus last year, the total number of homes available this month is higher by 1 units or 1%. The total number of active inventory this May was 154 compared to 153 in May 2024. This month's total of 154 is lower than the previous month's total supply of available inventory of 193, a decrease of 20%.

Last May, the median sale price for Milton Homes was $467,450. This May, the median sale price was $535,000, an increase of 14% or $67,550 compared to last year. The current median sold price is 15% higher than in April.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 5.0 months of supply available in Milton, compared to 4.8 in May 2024. That is an increase of 4% 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 58 homes newly listed for sale in Milton compared to 55 in May 2024, an increase of 5%. There were 27 current contracts pending sale this May compared to 26 a year ago. The number of current contracts is 4% higher than last May.

In May, the average sale price in Milton was 100.9% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 65, higher than the average last year, which was 34. This increase was impacted by the limited number of sales.





FOCUS ON: MILTON HOUSING MARKET			MAY 2025

Zip Code(s): 19968
Units Sold 31	Active Inventory 154	Median Sale Price $535,000	Days On Market 65

Down -3% Vs. Year Ago	Up 1% Vs. Year Ago	Up 14% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 31 sold this month in Milton Real Estate versus 30 last month, an increase of 3%. This month's total units sold was lower than at this time last year, a decrease of 3% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 1 units or 1%. The total number of active inventory this May was 154 compared to 153 in May 2024. This month's total of 154 is lower than the previous month's total supply of available inventory of 193, a decrease of 20%.
		Median Sale Price Last May, the median sale price for Milton Homes was $467,450. This May, the median sale price was $535,000, an increase of 14% or $67,550 compared to last year. The current median sold price is 15% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 58	Current Contracts 27	Sold Vs. List Price 100.9%	Months of Supply 5.0

Up 5% Vs. Year Ago	Up 4% Vs. Year Ago	No Change Vs. Year Ago	Up 4% Vs. Year Ago


		Months of Supply In May, there was 5.0 months of supply available in Milton, compared to 4.8 in May 2024. That is an increase of 4% 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 58 homes newly listed for sale in Milton compared to 55 in May 2024, an increase of 5%. There were 27 current contracts pending sale this May compared to 26 a year ago. The number of current contracts is 4% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Milton was 100.9% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 65, higher than the average last year, which was 34. This increase was impacted by the limited number of sales.


	Milton is defined as properties listed in zip code/s 19968.
	*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.