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| MAY 2025 | |||
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| Units Sold 686 |
Active Inventory 1,130 |
Median Sale Price $500,000 |
Days On Market 18 |
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| Down -14% Vs. Year Ago |
Up 16% Vs. Year Ago |
Down -4% Vs. Year Ago |
Up 20% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 686 sold this month in Anne Arundel County Real Estate versus 593 last month, an increase of 16%. This month's total units sold was lower than at this time last year, a decrease of 14% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 154 units or 16%. The total number of active inventory this May was 1,130 compared to 976 in May 2024. This month's total of 1,130 is lower than the previous month's total supply of available inventory of 1,241, a decrease of 9%. |
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Median Sale Price
Last May, the median sale price for Anne Arundel County Homes was $519,950. This May, the median sale price was approximately the same at $500,000. The current median sold price is 4% lower than in May 2024. 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 844 |
Current Contracts 746 |
Sold Vs. List Price 100.4% |
Months of Supply 1.6 |
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| Down -6% Vs. Year Ago |
Up 4% Vs. Year Ago |
Down -1.1% Vs. Year Ago |
Up 34% Vs. Year Ago |
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Months of Supply
In May, there was 1.6 months of supply available in Anne Arundel County, compared to 1.2 in May 2024. That is an increase of 34% 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 844 homes newly listed for sale in Anne Arundel County compared to 894 in May 2024, a decrease of 6%. There were 746 current contracts pending sale this May compared to 719 a year ago. The number of current contracts is 4% higher than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Anne Arundel County was 100.4% of the average list price, which is 1.1% lower than at this time last year. Days on Market
This month, the average number of days on market was 18, higher than the average last year, which was 15, an increase of 20%. | |||
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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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