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| JUNE 2025 | |||
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| Units Sold 211 |
Active Inventory 588 |
Median Sale Price $459,000 |
Days On Market 26 |
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| Down -8% Vs. Year Ago |
Up 30% Vs. Year Ago |
No Change Vs. Year Ago |
Up 18% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in June, with 211 sold this month in Charles County Real Estate versus 226 last month, a decrease of 7%. This month's total units sold was lower than at this time last year, a decrease of 8% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 137 units or 30%. The total number of active inventory this June was 588 compared to 451 in June 2024. This month's total of 588 is lower than the previous month's total supply of available inventory of 650, a decrease of 10%. |
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Median Sale Price
Last June, the median sale price for Charles County Homes was $457,950. This June, the median sale price was $459,000, which is similar compared to a year ago. The current median sold price is 2% 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 342 |
Current Contracts 263 |
Sold Vs. List Price 100.5% |
Months of Supply 2.8 |
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| Up 7% Vs. Year Ago |
Up 10% Vs. Year Ago |
No Change Vs. Year Ago |
Up 42% Vs. Year Ago |
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Months of Supply
In June, there was 2.8 months of supply available in Charles County, compared to 2.0 in June 2024. That is an increase of 42% 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 342 homes newly listed for sale in Charles County compared to 321 in June 2024, an increase of 7%. There were 263 current contracts pending sale this June compared to 239 a year ago. The number of current contracts is 10% higher than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Charles County was 100.5% 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 26, higher than the average last year, which was 22, an increase of 18%. | |||
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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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