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| JULY 2025 | |||
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| Units Sold 220 |
Active Inventory 617 |
Median Sale Price $468,995 |
Days On Market 27 |
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| No Change Vs. Year Ago |
Up 30% Vs. Year Ago |
Up 2% Vs. Year Ago |
Up 17% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 220 sold this month in Charles County Real Estate, a decrease of 2%. This month's total units sold is similar compared to a year ago. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 141 units or 30%. The total number of active inventory this July was 617 compared to 476 in July 2024. This month's total of 617 is lower than the previous month's total supply of available inventory of 670, a decrease of 8%. |
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Median Sale Price
Last July, the median sale price for Charles County Homes was $460,000. This July, the median sale price was $468,995, an increase of 2% or $8,995 compared to last year. The current median sold price is 1% higher than in June. 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 285 |
Current Contracts 222 |
Sold Vs. List Price 100.0% |
Months of Supply 2.8 |
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| Down -5% Vs. Year Ago |
Up 1% Vs. Year Ago |
No Change Vs. Year Ago |
Up 29% Vs. Year Ago |
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Months of Supply
In July, there was 2.8 months of supply available in Charles County, compared to 2.2 in July 2024. That is an increase of 29% 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. |
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New Listings & Current Contracts
This month there were 285 homes newly listed for sale in Charles County compared to 300 in July 2024, a decrease of 5%. There were 222 current contracts pending sale this July compared to 220 a year ago. The number of current contracts is 1% higher than last July. |
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Sale Price to List Price Ratio
In July, the average sale price in Charles County was 100.0% 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 27, higher than the average last year, which was 23, an increase of 17%. | |||
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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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