ARNOLD AND BROADNECK HOUSING MARKET DATA

There was an increase in total units sold in May, with 66 sold this month in Arnold and Broadneck Real Estate. This month's total units sold was lower than at this time last year.

Versus last year, the total number of homes available this month is higher by 34 units or 58%. The total number of active inventory this May was 93 compared to 59 in May 2024. This month's total of 93 is lower than the previous month's total supply of available inventory of 101, a decrease of 8%.

Last May, the median sale price for Arnold and Broadneck Homes was $580,940. This May, the median sale price was $656,892, an increase of 13% or $75,952 compared to last year. The current median sold price is 18% 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 1.4 months of supply available in Arnold and Broadneck, compared to 0.8 in May 2024. That is an increase of 74% 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 Arnold and Broadneck compared to 67 in May 2024, a decrease of 13%. There were 58 current contracts pending sale this May compared to 53 a year ago. The number of current contracts is 9% higher than last May.

In May, the average sale price in Arnold and Broadneck was 101.2% of the average list price, which is 0.6% higher than at this time last year.

This month, the average number of days on market was 24, higher than the average last year, which was 15, an increase of 60%.





FOCUS ON: ARNOLD AND BROADNECK HOUSING MARKET			MAY 2025

Zip Code(s): 21409 and 21012
Units Sold 66	Active Inventory 93	Median Sale Price $656,892	Days On Market 24

Down -10% Vs. Year Ago	Up 58% Vs. Year Ago	Up 13% Vs. Year Ago	Up 60% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 66 sold this month in Arnold and Broadneck Real Estate. This month's total units sold was lower than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is higher by 34 units or 58%. The total number of active inventory this May was 93 compared to 59 in May 2024. This month's total of 93 is lower than the previous month's total supply of available inventory of 101, a decrease of 8%.
		Median Sale Price Last May, the median sale price for Arnold and Broadneck Homes was $580,940. This May, the median sale price was $656,892, an increase of 13% or $75,952 compared to last year. The current median sold price is 18% 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 58	Sold Vs. List Price 101.2%	Months of Supply 1.4

Down -13% Vs. Year Ago	Up 9% Vs. Year Ago	Up 0.6% Vs. Year Ago	Up 74% Vs. Year Ago


		Months of Supply In May, there was 1.4 months of supply available in Arnold and Broadneck, compared to 0.8 in May 2024. That is an increase of 74% 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 Arnold and Broadneck compared to 67 in May 2024, a decrease of 13%. There were 58 current contracts pending sale this May compared to 53 a year ago. The number of current contracts is 9% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Arnold and Broadneck was 101.2% of the average list price, which is 0.6% higher than at this time last year. Days on Market This month, the average number of days on market was 24, higher than the average last year, which was 15, an increase of 60%.


	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.