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FOCUS ON: BALTIMORE COUNTY HOUSING MARKET |
JUNE 2025 |
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Units Sold
765 |
Active Inventory
1,308 |
Median Sale Price
$390,000 |
Days On Market
26 |
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Down -8%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 4%
Vs. Year Ago |
Up 44%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in June, with 765 sold this month in Baltimore County Real Estate versus 812 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 8% versus June 2024.
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Active Inventory
The total number of homes available this month is 1,308 units, which is similar compared to a year ago. This month's total of 1,308 is lower than the previous month's total supply of available inventory of 1,541, a decrease of 15%.
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Median Sale Price
Last June, the median sale price for Baltimore County Homes was $375,000. This June, the median sale price was $390,000, an increase of 4% or $15,000 compared to last year. The current median sold price is 6% higher than in May.
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
803 |
Current Contracts
844 |
Sold Vs. List Price
99.9% |
Months of Supply
1.7 |
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Down -13%
Vs. Year Ago |
Up 7%
Vs. Year Ago |
Down -1.9%
Vs. Year Ago |
Up 8%
Vs. Year Ago |
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Months of Supply
In June, there was 1.7 months of supply available in Baltimore County, compared to 1.6 in June 2024. That is an increase of 8% 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 803 homes newly listed for sale in Baltimore County compared to 923 in June 2024, a decrease of 13%. There were 844 current contracts pending sale this June compared to 791 a year ago. The number of current contracts is 7% higher than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Baltimore County was 99.9% of the average list price, which is 1.9% lower than at this time last year.
Days on Market
This month, the average number of days on market was 26, higher than the average last year, which was 18, an increase of 44%.
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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. |