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| JULY 2025 | |||
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| Units Sold 97 |
Active Inventory 218 |
Median Sale Price $370,000 |
Days On Market 25 |
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| Down -9% Vs. Year Ago |
Down -11% Vs. Year Ago |
Down -3% Vs. Year Ago |
Up 32% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 97 sold this month in Cecil County Real Estate versus 110 last month, a decrease of 12%. This month's total units sold was lower than at this time last year, a decrease of 9% versus July 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 28 units or 11%. The total number of active inventory this July was 218 compared to 246 in July 2024. This month's total of 218 is lower than the previous month's total supply of available inventory of 231, a decrease of 6%. |
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Median Sale Price
Last July, the median sale price for Cecil County Homes was $380,000. This July, the median sale price was approximately the same at $370,000. The current median sold price is 3% lower than in July 2024. 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 115 |
Current Contracts 90 |
Sold Vs. List Price 100.3% |
Months of Supply 2.2 |
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| Down -7% Vs. Year Ago |
Down -4% Vs. Year Ago |
No Change Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In July, there was 2.2 months of supply available in Cecil County. 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 115 homes newly listed for sale in Cecil County compared to 124 in July 2024, a decrease of 7%. There were 90 current contracts pending sale this July compared to 94 a year ago. The number of current contracts is 4% lower than last July. |
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Sale Price to List Price Ratio
In July, the average sale price in Cecil County was 100.3% of the average list price, which is similar compared to a year ago. Days on Market
This month, the average number of days on market was 25, higher than the average last year, which was 19, an increase of 32%. | |||
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| *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. |
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