CECIL COUNTY HOUSING MARKET DATA

There was a decrease in total units sold in April, with 69 sold this month in Cecil County Real Estate versus 87 last month, a decrease of 21%. This month's total units sold was lower than at this time last year, a decrease of 26% versus April 2024.

Versus last year, the total number of homes available this month is lower by 1 units or 1%. The total number of active inventory this April was 196 compared to 197 in April 2024. This month's supply remained stable as compared to last month.

Last April, the median sale price for Cecil County Homes was $365,000. This April, the median sale price was $370,000, an increase of 1% or $5,000 compared to last year. The current median sold price is 6% higher than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In April, there was 2.8 months of supply available in Cecil County, compared to 2.1 in April 2024. That is an increase of 34% 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 107 homes newly listed for sale in Cecil County compared to 139 in April 2024, a decrease of 23%. There were 89 current contracts pending sale this April compared to 95 a year ago. The number of current contracts is 6% lower than last April.

In April, the average sale price in Cecil County was 99.5% of the average list price, which is 1.2% higher than at this time last year.

This month, the average number of days on market was 25, lower than the average last year, which was 27, a decrease of 7%.





FOCUS ON: CECIL COUNTY HOUSING MARKET			APRIL 2025

Units Sold 69	Active Inventory 196	Median Sale Price $370,000	Days On Market 25

Down -26% Vs. Year Ago	Down -1% Vs. Year Ago	Up 1% Vs. Year Ago	Down -7% Vs. Year Ago


		Units Sold There was a decrease in total units sold in April, with 69 sold this month in Cecil County Real Estate versus 87 last month, a decrease of 21%. This month's total units sold was lower than at this time last year, a decrease of 26% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 1 units or 1%. The total number of active inventory this April was 196 compared to 197 in April 2024. This month's supply remained stable as compared to last month.
		Median Sale Price Last April, the median sale price for Cecil County Homes was $365,000. This April, the median sale price was $370,000, an increase of 1% or $5,000 compared to last year. The current median sold price is 6% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 107	Current Contracts 89	Sold Vs. List Price 99.5%	Months of Supply 2.8

Down -23% Vs. Year Ago	Down -6% Vs. Year Ago	Up 1.2% Vs. Year Ago	Up 34% Vs. Year Ago


		Months of Supply In April, there was 2.8 months of supply available in Cecil County, compared to 2.1 in April 2024. That is an increase of 34% 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 107 homes newly listed for sale in Cecil County compared to 139 in April 2024, a decrease of 23%. There were 89 current contracts pending sale this April compared to 95 a year ago. The number of current contracts is 6% lower than last April.
		Sale Price to List Price Ratio In April, the average sale price in Cecil County was 99.5% of the average list price, which is 1.2% higher than at this time last year. Days on Market This month, the average number of days on market was 25, lower than the average last year, which was 27, a decrease of 7%.



	*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.