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| MAY 2025 | |||
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| Units Sold 796 |
Active Inventory 1,262 |
Median Sale Price $369,000 |
Days On Market 22 |
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| Up 1% Vs. Year Ago |
Down -5% Vs. Year Ago |
No Change Vs. Year Ago |
Up 16% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 796 sold this month in Baltimore County Real Estate versus 730 last month, an increase of 9%. This month's total units sold was higher than at this time last year, an increase of 1% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 64 units or 5%. The total number of active inventory this May was 1,262 compared to 1,326 in May 2024. This month's total of 1,262 is lower than the previous month's total supply of available inventory of 1,471, a decrease of 14%. |
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Median Sale Price
Last May, the median sale price for Baltimore County Homes was $370,000. This May, the median sale price was $369,000, which is similar compared to a year ago. The current median sold price is 2% lower 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. |
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| New Listings 805 |
Current Contracts 819 |
Sold Vs. List Price 100.8% |
Months of Supply 1.6 |
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| Down -22% Vs. Year Ago |
No Change Vs. Year Ago |
Down -0.7% Vs. Year Ago |
Down -6% Vs. Year Ago |
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Months of Supply
In May, there was 1.6 months of supply available in Baltimore County, compared to 1.7 in May 2024. That is a decrease of 6% 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 805 homes newly listed for sale in Baltimore County compared to 1,036 in May 2024, a decrease of 22%. There were 819 current contracts pending sale this May, consistent with the volume a year ago. The number of current contracts is 1% lower than last month. |
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Sale Price to List Price Ratio
In May, the average sale price in Baltimore County was 100.8% of the average list price, which is 0.7% lower than at this time last year. Days on Market
This month, the average number of days on market was 22, higher than the average last year, which was 19, an increase of 16%. | |||
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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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