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| MARCH 2025 | |||
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| Units Sold 503 |
Active Inventory 818 |
Median Sale Price $509,990 |
Days On Market 22 |
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| Down -6% Vs. Year Ago |
Up 2% Vs. Year Ago |
Up 9% Vs. Year Ago |
Down -8% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in March, with 503 sold this month in Anne Arundel County Real Estate versus 412 last month, an increase of 22%. This month's total units sold was lower than at this time last year, a decrease of 6% versus March 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 13 units or 2%. The total number of active inventory this March was 818 compared to 805 in March 2024. This month's total of 818 is lower than the previous month's total supply of available inventory of 910, a decrease of 10%. |
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Median Sale Price
Last March, the median sale price for Anne Arundel County Homes was $469,378. This March, the median sale price was $509,990, an increase of 9% or $40,612 compared to last year. The current median sold price is 7% higher than in February. 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 703 |
Current Contracts 679 |
Sold Vs. List Price 100.5% |
Months of Supply 1.6 |
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| Down -3% Vs. Year Ago |
Up 11% Vs. Year Ago |
No Change Vs. Year Ago |
Up 9% Vs. Year Ago |
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Months of Supply
In March, there was 1.6 months of supply available in Anne Arundel County, compared to 1.5 in March 2024. That is an increase 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 703 homes newly listed for sale in Anne Arundel County compared to 723 in March 2024, a decrease of 3%. There were 679 current contracts pending sale this March compared to 614 a year ago. The number of current contracts is 11% higher than last March. |
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Sale Price to List Price Ratio
In March, the average sale price in Anne Arundel County was 100.5% 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 22, lower than the average last year, which was 24, a decrease of 8%. | |||
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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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