ARNOLD AND BROADNECK HOUSING MARKET DATA

There was an increase in total units sold in April, with 43 sold this month in Arnold and Broadneck Real Estate. This month's total units sold was higher than at this time last year.

Versus last year, the total number of homes available this month is higher by 28 units or 55%. The total number of active inventory this April was 79 compared to 51 in April 2024. This month's total of 79 is lower than the previous month's total supply of available inventory of 90, a decrease of 12%.

Last April, the median sale price for Arnold and Broadneck Homes was $627,500. This April, the median sale price was $560,000, a decrease of 11% or $67,500 compared to last year. The current median sold price is 7% higher than in March.

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

In April, there was 1.8 months of supply available in Arnold and Broadneck, compared to 1.2 in April 2024. That is an increase of 51% 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 82 homes newly listed for sale in Arnold and Broadneck compared to 74 in April 2024, an increase of 11%. There were 79 current contracts pending sale this April compared to 68 a year ago. The number of current contracts is 16% higher than last April.

In April, the average sale price in Arnold and Broadneck was 101.7% of the average list price, which is 3.5% lower than at this time last year.

This month, the average number of days on market was 13, lower than the average last year, which was 31, a decrease of 58%.





FOCUS ON: ARNOLD AND BROADNECK HOUSING MARKET			APRIL 2025

Zip Code(s): 21409 and 21012
Units Sold 43	Active Inventory 79	Median Sale Price $560,000	Days On Market 13

Up 2% Vs. Year Ago	Up 55% Vs. Year Ago	Down -11% Vs. Year Ago	Down -58% Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 43 sold this month in Arnold and Broadneck Real Estate. This month's total units sold was higher than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is higher by 28 units or 55%. The total number of active inventory this April was 79 compared to 51 in April 2024. This month's total of 79 is lower than the previous month's total supply of available inventory of 90, a decrease of 12%.
		Median Sale Price Last April, the median sale price for Arnold and Broadneck Homes was $627,500. This April, the median sale price was $560,000, a decrease of 11% or $67,500 compared to last year. The current median sold price is 7% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 82	Current Contracts 79	Sold Vs. List Price 101.7%	Months of Supply 1.8

Up 11% Vs. Year Ago	Up 16% Vs. Year Ago	Down -3.3% Vs. Year Ago	Up 52% Vs. Year Ago


		Months of Supply In April, there was 1.8 months of supply available in Arnold and Broadneck, compared to 1.2 in April 2024. That is an increase of 51% 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 82 homes newly listed for sale in Arnold and Broadneck compared to 74 in April 2024, an increase of 11%. There were 79 current contracts pending sale this April compared to 68 a year ago. The number of current contracts is 16% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Arnold and Broadneck was 101.7% of the average list price, which is 3.5% lower than at this time last year. Days on Market This month, the average number of days on market was 13, lower than the average last year, which was 31, a decrease of 58%.


	Arnold and Broadneck are defined as properties listed in zip code/s 21409 and 21012.
	*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.