 |
|
 |
|
| FOCUS ON: CROFTON, CROWNSVILLE, AND GAMBRILLS HOUSING MARKET |
SEPTEMBER 2025 |
|
| Zip Code(s): 21114, 21032 and 21054 |
Units Sold
57 |
Active Inventory
75 |
Median Sale Price
$555,000 |
Days On Market
23 |
|
|
|
|
|
Down -7%
Vs. Year Ago |
Up 34%
Vs. Year Ago |
Down -3%
Vs. Year Ago |
Up 28%
Vs. Year Ago |
|
|
|
|
Units Sold
There was a decrease in total units sold in September, with 57 sold this month in Crofton, Crownsville, and Gambrills Real Estate versus 61 last month, a decrease of 7%. This month's total units sold was lower than at this time last year, a decrease of 7% versus September 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is higher by 19 units or 34%. The total number of active inventory this September was 75 compared to 56 in September 2024. This month's total of 75 is lower than the previous month's total supply of available inventory of 84, a decrease of 11%.
|
|
|
|
Median Sale Price
Last September, the median sale price for Crofton, Crownsville, and Gambrills Homes was $570,000. This September, the median sale price was $555,000, a decrease of 3% or $15,000 compared to last year. The current median sold price is 7% higher than in August.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
|
|
|
|
New Listings
47 |
Current Contracts
48 |
Sold Vs. List Price
99.5% |
Months of Supply
1.3 |
|
|
|
|
|
Up 12%
Vs. Year Ago |
Up 2%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 43%
Vs. Year Ago |
|
|
|
|
Months of Supply
In September, there was 1.3 months of supply available in Crofton, Crownsville, and Gambrills, compared to 0.9 in September 2024. That is an increase of 43% 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 47 homes newly listed for sale in Crofton, Crownsville, and Gambrills compared to 42 in September 2024, an increase of 12%. There were 48 current contracts pending sale this September compared to 47 a year ago. The number of current contracts is 2% higher than last September.
|
|
|
|
Sale Price to List Price Ratio
In September, the average sale price in Crofton, Crownsville, and Gambrills was 99.5% 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 23, higher than the average last year, which was 18, an increase of 28%.
|
|
|
 |
Crofton, Crownsville, and Gambrills are defined as properties listed in zip code/s 21114, 21032 and 21054. |
| *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. |