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FOCUS ON: CATONSVILLE HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 21228 |
Units Sold
51 |
Active Inventory
54 |
Median Sale Price
$460,000 |
Days On Market
19 |
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Up 34%
Vs. Year Ago |
Up 35%
Vs. Year Ago |
Up 5%
Vs. Year Ago |
Up 138%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 51 sold this month in Catonsville Real Estate versus 47 last month, an increase of 9%. This month's total units sold was higher than at this time last year, an increase of 34% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 14 units or 35%. The total number of active inventory this June was 54 compared to 40 in June 2024. This month's total of 54 is lower than the previous month's total supply of available inventory of 67, a decrease of 19%.
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Median Sale Price
Last June, the median sale price for Catonsville Homes was $440,000. This June, the median sale price was $460,000, an increase of 5% or $20,000 compared to last year. The current median sold price is 14% higher 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.
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New Listings
43 |
Current Contracts
50 |
Sold Vs. List Price
101.9% |
Months of Supply
1.1 |
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Down -4%
Vs. Year Ago |
Up 22%
Vs. Year Ago |
Down -2.2%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In June, there was 1.1 months of supply available in Catonsville. 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.
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New Listings & Current Contracts
This month there were 43 homes newly listed for sale in Catonsville compared to 45 in June 2024, a decrease of 4%. There were 50 current contracts pending sale this June compared to 41 a year ago. The number of current contracts is 22% higher than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Catonsville was 101.9% of the average list price, which is 2.3% lower than at this time last year.
Days on Market
This month, the average number of days on market was 19, higher than the average last year, which was 8, an increase of 138%.
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Catonsville are defined as properties listed in zip code/s 21228. |
*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. |