CROFTON, CROWNSVILLE, AND GAMBRILLS HOUSING MARKET DATA

There was an increase in total units sold in May, with 65 sold this month in Crofton, Crownsville, and Gambrills Real Estate. This month's total units sold was lower than at this time last year.

Versus last year, the total number of homes available this month is higher by 1 units or 1%. The total number of active inventory this May was 75 compared to 74 in May 2024. This month's total of 75 is lower than the previous month's total supply of available inventory of 83, a decrease of 10%.

Last May, the median sale price for Crofton, Crownsville, and Gambrills Homes was $612,500. This May, the median sale price was $529,000, a decrease of 14% or $83,500 compared to last year. The current median sold price is 4% higher than in April.

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

In May, there was 1.2 months of supply available in Crofton, Crownsville, and Gambrills. 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.

This month there were 71 homes newly listed for sale in Crofton, Crownsville, and Gambrills compared to 68 in May 2024, an increase of 4%. There were 74 current contracts pending sale this May compared to 47 a year ago. The number of current contracts is 57% higher than last May.

In May, the average sale price in Crofton, Crownsville, and Gambrills was 101.1% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 12, higher than the average last year, which was 9, an increase of 33%.





FOCUS ON: CROFTON, CROWNSVILLE, AND GAMBRILLS HOUSING MARKET			MAY 2025

Zip Code(s): 21114, 21032 and 21054
Units Sold 65	Active Inventory 75	Median Sale Price $529,000	Days On Market 12

Down -2% Vs. Year Ago	Up 1% Vs. Year Ago	Down -14% Vs. Year Ago	Up 33% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 65 sold this month in Crofton, Crownsville, and Gambrills Real Estate. This month's total units sold was lower than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is higher by 1 units or 1%. The total number of active inventory this May was 75 compared to 74 in May 2024. This month's total of 75 is lower than the previous month's total supply of available inventory of 83, a decrease of 10%.
		Median Sale Price Last May, the median sale price for Crofton, Crownsville, and Gambrills Homes was $612,500. This May, the median sale price was $529,000, a decrease of 14% or $83,500 compared to last year. The current median sold price is 4% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 71	Current Contracts 74	Sold Vs. List Price 101.1%	Months of Supply 1.2

Up 4% Vs. Year Ago	Up 57% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In May, there was 1.2 months of supply available in Crofton, Crownsville, and Gambrills. 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.
New Listings & Current Contracts This month there were 71 homes newly listed for sale in Crofton, Crownsville, and Gambrills compared to 68 in May 2024, an increase of 4%. There were 74 current contracts pending sale this May compared to 47 a year ago. The number of current contracts is 57% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Crofton, Crownsville, and Gambrills was 101.1% 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 12, higher than the average last year, which was 9, an increase of 33%.


	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.