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| JANUARY 2025 | |||
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| Units Sold 438 |
Active Inventory 620 |
Median Sale Price $480,000 |
Days On Market 32 |
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| Up 6% Vs. Year Ago |
Down -12% Vs. Year Ago |
Up 2% Vs. Year Ago |
Up 3% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in January, with 438 sold this month in Anne Arundel County Real Estate versus 610 last month, a decrease of 28%. This month's total units sold was higher than at this time last year, an increase of 6% versus January 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 87 units or 12%. The total number of active inventory this January was 620 compared to 707 in January 2024. This month's total of 620 is lower than the previous month's total supply of available inventory of 730, a decrease of 15%. |
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Median Sale Price
Last January, the median sale price for Anne Arundel County Homes was $469,405. This January, the median sale price was $480,000, an increase of 2% or $10,595 compared to last year. The current median sold price is 2% lower than in December. 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 434 |
Current Contracts 445 |
Sold Vs. List Price 98.9% |
Months of Supply 1.4 |
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| Down -19% Vs. Year Ago |
Down -7% Vs. Year Ago |
No Change Vs. Year Ago |
Down -17% Vs. Year Ago |
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Months of Supply
In January, there was 1.4 months of supply available in Anne Arundel County, compared to 1.7 in January 2024. That is a decrease of 17% 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 434 homes newly listed for sale in Anne Arundel County compared to 539 in January 2024, a decrease of 19%. There were 445 current contracts pending sale this January compared to 479 a year ago. The number of current contracts is 7% lower than last January. |
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Sale Price to List Price Ratio
In January, the average sale price in Anne Arundel County was 98.9% 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 32, higher than the average last year, which was 31, an increase of 3%. | |||
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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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