ARNOLD AND BROADNECK HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in March, with 31 sold this month in Arnold and Broadneck Real Estate. This month's total units sold was lower than at this time last year, a decrease from March 2024.

Versus last year, the total number of homes available this month is higher by 24 units or 49%. The total number of active inventory this March was 73 compared to 49 in March 2024. This month's total of 73 is lower than the previous month's total supply of available inventory of 75, a decrease of 3%.

Last March, the median sale price for Arnold and Broadneck Homes was $575,000. This March, the median sale price was $525,000, a decrease of 9% or $50,000 compared to last year. The current median sold price is 8% lower 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.

In March, there was 2.4 months of supply available in Arnold and Broadneck, compared to 1.5 in March 2024. That is an increase of 59% 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 57 homes newly listed for sale in Arnold and Broadneck compared to 45 in March 2024, an increase of 27%. There were 52 current contracts pending sale this March compared to 34 a year ago. The number of current contracts is 53% higher than last March.

In March, the average sale price in Arnold and Broadneck was 100.6% of the average list price, which is 1.4% higher than at this time last year.

This month, the average number of days on market was 16, lower than the average last year, which was 19, a decrease of 16%.





FOCUS ON: ARNOLD AND BROADNECK HOUSING MARKET			MARCH 2025

Zip Code(s): 21409 and 21012
Units Sold 31	Active Inventory 73	Median Sale Price $525,000	Days On Market 16

Down Vs. Year Ago	Up 49% Vs. Year Ago	Down -9% Vs. Year Ago	Down -16% Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in March, with 31 sold this month in Arnold and Broadneck Real Estate. This month's total units sold was lower than at this time last year, a decrease from March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 24 units or 49%. The total number of active inventory this March was 73 compared to 49 in March 2024. This month's total of 73 is lower than the previous month's total supply of available inventory of 75, a decrease of 3%.
		Median Sale Price Last March, the median sale price for Arnold and Broadneck Homes was $575,000. This March, the median sale price was $525,000, a decrease of 9% or $50,000 compared to last year. The current median sold price is 8% lower 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.



New Listings 57	Current Contracts 52	Sold Vs. List Price 100.6%	Months of Supply 2.4

Up 27% Vs. Year Ago	Up 53% Vs. Year Ago	Up 1.5% Vs. Year Ago	Up 59% Vs. Year Ago


		Months of Supply In March, there was 2.4 months of supply available in Arnold and Broadneck, compared to 1.5 in March 2024. That is an increase of 59% 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 57 homes newly listed for sale in Arnold and Broadneck compared to 45 in March 2024, an increase of 27%. There were 52 current contracts pending sale this March compared to 34 a year ago. The number of current contracts is 53% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Arnold and Broadneck was 100.6% of the average list price, which is 1.4% higher than at this time last year. Days on Market This month, the average number of days on market was 16, lower than the average last year, which was 19, a decrease of 16%.


	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.