The Long & Foster Market Minute

FOCUS ON: CAROLINE COUNTY HOUSING MARKET JUNE 2025

Units Sold
36
Active Inventory
84
Median Sale Price
$315,000
Days On Market
50
Up 33%
Vs. Year Ago
Up 4%
Vs. Year Ago
Up 5%
Vs. Year Ago
Up 32%
Vs. Year Ago

Units Sold
There was an increase in total units sold in June, with 36 sold this month in Caroline County Real Estate versus 33 last month, an increase of 9%. This month's total units sold was higher than at this time last year, an increase of 33% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 3 units or 4%. The total number of active inventory this June was 84 compared to 81 in June 2024. This month's total of 84 is lower than the previous month's total supply of available inventory of 102, a decrease of 18%.

Median Sale Price
Last June, the median sale price for Caroline County Homes was $299,900. This June, the median sale price was $315,000, an increase of 5% or $15,100 compared to last year. The current median sold price is 6% 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
41
Current Contracts
41
Sold Vs. List Price
96.4%
Months of Supply
2.3
Up 5%
Vs. Year Ago
Up 11%
Vs. Year Ago
Down -1.2%
Vs. Year Ago
Down -22%
Vs. Year Ago

Months of Supply
In June, there was 2.3 months of supply available in Caroline County, compared to 3.0 in June 2024. That is a decrease of 22% 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 41 homes newly listed for sale in Caroline County compared to 39 in June 2024, an increase of 5%. There were 41 current contracts pending sale this June compared to 37 a year ago. The number of current contracts is 11% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Caroline County was 96.4% of the average list price, which is 1.2% lower than at this time last year.

Days on Market
This month, the average number of days on market was 50, higher than the average last year, which was 38, an increase of 32%.

The Long & Foster Market Minute
*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.
REALTOR, Equal Opportunity HousingInformation 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.