The Long & Foster Market Minute

FOCUS ON: CLARKSVILLE, WOODSTOCK, AND WESTERN HOWARD COUNTY HOUSING MARKET MARCH 2025

Zip Code(s): 21029, 21797, 20777, 20759, 21036, 21737, 21738, 21794, 21723, 21765 and 21163
Units Sold
31
Active Inventory
68
Median Sale Price
$995,000
Days On Market
17
Down
Vs. Year Ago
Down -15%
Vs. Year Ago
Up 17%
Vs. Year Ago
Down -37%
Vs. Year Ago

Units Sold
With relatively few transactions, there was an increase in total units sold in March, with 31 sold this month in Clarksville, Woodstock, and Western Howard County Real Estate. This month's total units sold was lower than at this time last year, a decrease from March 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 12 units or 15%. The total number of active inventory this March was 68 compared to 80 in March 2024. This month's total of 68 is lower than the previous month's total supply of available inventory of 69, a decrease of 1%.

Median Sale Price
Last March, the median sale price for Clarksville, Woodstock, and Western Howard County Homes was $850,351. This March, the median sale price was $995,000, an increase of 17% or $144,649 compared to last year. The current median sold price is 11% higher than in February.

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


New Listings
55
Current Contracts
52
Sold Vs. List Price
102.0%
Months of Supply
2.2
Down -11%
Vs. Year Ago
Up 49%
Vs. Year Ago
Down -1.5%
Vs. Year Ago
Up 20%
Vs. Year Ago

Months of Supply
In March, there was 2.2 months of supply available in Clarksville, Woodstock, and Western Howard County, compared to 1.8 in March 2024. That is an increase of 21% 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 55 homes newly listed for sale in Clarksville, Woodstock, and Western Howard County compared to 62 in March 2024, a decrease of 11%. There were 52 current contracts pending sale this March compared to 35 a year ago. The number of current contracts is 49% higher than last March.

Sale Price to List Price Ratio
In March, the average sale price in Clarksville, Woodstock, and Western Howard County was 102.0% of the average list price, which is 1.5% lower than at this time last year.

Days on Market
This month, the average number of days on market was 17, lower than the average last year, which was 27, a decrease of 37%.

The Long & Foster Market Minute Clarksville, Woodstock, and Western Howard County are defined as properties listed in zip code/s 21029, 21797, 20777, 20759, 21036, 21737, 21738, 21794, 21723, 21765 and 21163.
*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.
REALTOR, Equal Opportunity HousingInformation 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.