 |
|
 |
|
FOCUS ON: CALVERT COUNTY HOUSING MARKET |
MARCH 2025 |
|
Units Sold
78 |
Active Inventory
173 |
Median Sale Price
$450,000 |
Days On Market
38 |
|
|
|
|
Down -11%
Vs. Year Ago |
Up 2%
Vs. Year Ago |
Up 14%
Vs. Year Ago |
Up 15%
Vs. Year Ago |
|
|
|
Units Sold
There was an increase in total units sold in March, with 78 sold this month in Calvert County Real Estate versus 67 last month, an increase of 16%. This month's total units sold was lower than at this time last year, a decrease of 11% versus March 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is higher by 4 units or 2%. The total number of active inventory this March was 173 compared to 169 in March 2024. This month's supply remained stable as compared to last month.
|
|
|
Median Sale Price
Last March, the median sale price for Calvert County Homes was $393,125. This March, the median sale price was $450,000, an increase of 14% or $56,875 compared to last year. The current median sold price is 1% higher 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
111 |
Current Contracts
91 |
Sold Vs. List Price
100.2% |
Months of Supply
2.2 |
|
|
|
|
Down -14%
Vs. Year Ago |
Down -8%
Vs. Year Ago |
Down -1%
Vs. Year Ago |
Up 16%
Vs. Year Ago |
|
|
|
Months of Supply
In March, there was 2.2 months of supply available in Calvert County, compared to 1.9 in March 2024. That is an increase of 15% 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 111 homes newly listed for sale in Calvert County compared to 129 in March 2024, a decrease of 14%. There were 91 current contracts pending sale this March compared to 99 a year ago. The number of current contracts is 8% lower than last March.
|
|
|
Sale Price to List Price Ratio
In March, the average sale price in Calvert County was 100.2% of the average list price, which is 1.0% lower than at this time last year.
Days on Market
This month, the average number of days on market was 38, higher than the average last year, which was 33, an increase of 15%.
|
|
|
 |
*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. |