CAROLINE COUNTY HOUSING MARKET DATA

There was an increase in total units sold in May, with 33 sold this month in Caroline County Real Estate versus 26 last month, an increase of 27%. This month's total units sold was lower than at this time last year, a decrease of 6% versus May 2024.

Versus last year, the total number of homes available this month is higher by 3 units or 3%. The total number of active inventory this May was 94 compared to 91 in May 2024. This month's total of 94 is lower than the previous month's total supply of available inventory of 96, a decrease of 2%.

Last May, the median sale price for Caroline County Homes was $299,000. This May, the median sale price was $335,000, an increase of 12% or $36,000 compared to last year. The current median sold price is 10% higher 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.

In May, there was 2.8 months of supply available in Caroline County, compared to 2.6 in May 2024. That is an increase of 10% 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.

This month there were 37 homes newly listed for sale in Caroline County compared to 33 in May 2024, an increase of 12%. There were 32 current contracts pending sale this May compared to 25 a year ago. The number of current contracts is 28% higher than last May.

In May, the average sale price in Caroline County was 97.4% of the average list price, which is 1.8% lower than at this time last year.

This month, the average number of days on market was 67, higher than the average last year, which was 45, an increase of 49%.





FOCUS ON: CAROLINE COUNTY HOUSING MARKET			MAY 2025

Units Sold 33	Active Inventory 94	Median Sale Price $335,000	Days On Market 67

Down -6% Vs. Year Ago	Up 3% Vs. Year Ago	Up 12% Vs. Year Ago	Up 49% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 33 sold this month in Caroline County Real Estate versus 26 last month, an increase of 27%. This month's total units sold was lower than at this time last year, a decrease of 6% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 3 units or 3%. The total number of active inventory this May was 94 compared to 91 in May 2024. This month's total of 94 is lower than the previous month's total supply of available inventory of 96, a decrease of 2%.
		Median Sale Price Last May, the median sale price for Caroline County Homes was $299,000. This May, the median sale price was $335,000, an increase of 12% or $36,000 compared to last year. The current median sold price is 10% higher 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.



New Listings 37	Current Contracts 32	Sold Vs. List Price 97.4%	Months of Supply 2.8

Up 12% Vs. Year Ago	Up 28% Vs. Year Ago	Down -1.8% Vs. Year Ago	Up 10% Vs. Year Ago


		Months of Supply In May, there was 2.8 months of supply available in Caroline County, compared to 2.6 in May 2024. That is an increase of 10% 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 37 homes newly listed for sale in Caroline County compared to 33 in May 2024, an increase of 12%. There were 32 current contracts pending sale this May compared to 25 a year ago. The number of current contracts is 28% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Caroline County was 97.4% of the average list price, which is 1.8% lower than at this time last year. Days on Market This month, the average number of days on market was 67, higher than the average last year, which was 45, an increase of 49%.



	*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.