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| FOCUS ON: BEL AIR HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 21014 and 21015 |
Units Sold
85 |
Active Inventory
126 |
Median Sale Price
$435,000 |
Days On Market
24 |
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Up 35%
Vs. Year Ago |
Up 66%
Vs. Year Ago |
Down -8%
Vs. Year Ago |
Up 26%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in September, with 85 sold this month in Bel Air Real Estate versus 65 last month, an increase of 31%. This month's total units sold was higher than at this time last year, an increase of 35% versus September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 50 units or 66%. The total number of active inventory this September was 126 compared to 76 in September 2024. This month's total of 126 is lower than the previous month's total supply of available inventory of 140, a decrease of 10%.
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Median Sale Price
Last September, the median sale price for Bel Air Homes was $475,000. This September, the median sale price was $435,000, a decrease of 8% or $40,000 compared to last year. The current median sold price is 4% lower than in August.
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
69 |
Current Contracts
78 |
Sold Vs. List Price
100.0% |
Months of Supply
1.5 |
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Down -14%
Vs. Year Ago |
Up 8%
Vs. Year Ago |
Down -2.1%
Vs. Year Ago |
Up 22%
Vs. Year Ago |
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Months of Supply
In September, there was 1.5 months of supply available in Bel Air, compared to 1.2 in September 2024. That is an increase of 23% 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 69 homes newly listed for sale in Bel Air compared to 80 in September 2024, a decrease of 14%. There were 78 current contracts pending sale this September compared to 72 a year ago. The number of current contracts is 8% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Bel Air was 100.0% of the average list price, which is 2.2% lower 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 19, an increase of 26%.
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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. |