BEL AIR HOUSING MARKET DATA

There was a decrease in total units sold in June, with 82 sold this month in Bel Air Real Estate versus 85 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 14% versus June 2024.

Versus last year, the total number of homes available this month is higher by 19 units or 21%. The total number of active inventory this June was 110 compared to 91 in June 2024. This month's total of 110 is lower than the previous month's total supply of available inventory of 149, a decrease of 26%.

Last June, the median sale price for Bel Air Homes was $442,500. This June, the median sale price was $400,250, a decrease of 10% or $42,250 compared to last year. The current median sold price is 13% lower 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.

In June, there was 1.3 months of supply available in Bel Air. The amount of supply is similar compared to 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 80 homes newly listed for sale in Bel Air compared to 78 in June 2024, an increase of 3%. There were 106 current contracts pending sale this June compared to 70 a year ago. The number of current contracts is 51% higher than last June.

In June, the average sale price in Bel Air was 102.8% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 13, higher than the average last year, which was 12, an increase of 8%.





FOCUS ON: BEL AIR HOUSING MARKET			JUNE 2025

Zip Code(s): 21014 and 21015
Units Sold 82	Active Inventory 110	Median Sale Price $400,250	Days On Market 13

Up 14% Vs. Year Ago	Up 21% Vs. Year Ago	Down -10% Vs. Year Ago	Up 8% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 82 sold this month in Bel Air Real Estate versus 85 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 14% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 19 units or 21%. The total number of active inventory this June was 110 compared to 91 in June 2024. This month's total of 110 is lower than the previous month's total supply of available inventory of 149, a decrease of 26%.
		Median Sale Price Last June, the median sale price for Bel Air Homes was $442,500. This June, the median sale price was $400,250, a decrease of 10% or $42,250 compared to last year. The current median sold price is 13% lower 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.



New Listings 80	Current Contracts 106	Sold Vs. List Price 102.8%	Months of Supply 1.3

Up 3% Vs. Year Ago	Up 51% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In June, there was 1.3 months of supply available in Bel Air. The amount of supply is similar compared to 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 80 homes newly listed for sale in Bel Air compared to 78 in June 2024, an increase of 3%. There were 106 current contracts pending sale this June compared to 70 a year ago. The number of current contracts is 51% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Bel Air was 102.8% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 13, higher than the average last year, which was 12, an increase of 8%.


	Bel Air are defined as properties listed in zip code/s 21014 and 21015.
	*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.