DAVIDSONVILLE, LOTHIAN, AND SOUTHERN ANNE ARUNDEL HOUSING MARKET DATA

There was an increase in total units sold in May, with 33 sold this month in Davidsonville, Lothian, and Southern Anne Arundel Real Estate versus 27 last month, an increase of 22%. This month's total units sold was lower than at this time last year, a decrease of 6% versus May 2024.

Versus last year, the total number of homes available this month is higher by 23 units or 35%. The total number of active inventory this May was 89 compared to 66 in May 2024. This month's total of 89 is lower than the previous month's total supply of available inventory of 97, a decrease of 8%.

Last May, the median sale price for Davidsonville, Lothian, and Southern Anne Arundel Homes was $520,000. This May, the median sale price was $589,500, an increase of 13% or $69,500 compared to last year. The current median sold price is 7% 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 2.7 months of supply available in Davidsonville, Lothian, and Southern Anne Arundel, compared to 1.9 in May 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.

This month there were 46 homes newly listed for sale in Davidsonville, Lothian, and Southern Anne Arundel compared to 42 in May 2024, an increase of 10%. There were 35 current contracts pending sale this May compared to 29 a year ago. The number of current contracts is 21% higher than last May.

In May, the average sale price in Davidsonville, Lothian, and Southern Anne Arundel was 100.1% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 18, lower than the average last year, which was 26, a decrease of 31%.





FOCUS ON: DAVIDSONVILLE, LOTHIAN, AND SOUTHERN ANNE ARUNDEL HOUSING MARKET			MAY 2025

Zip Code(s): 21035, 20764, 20733, 20711, 20751, 20778, 20776, 20779, 20758 and 20765
Units Sold 33	Active Inventory 89	Median Sale Price $589,500	Days On Market 18

Down -6% Vs. Year Ago	Up 35% Vs. Year Ago	Up 13% Vs. Year Ago	Down -31% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 33 sold this month in Davidsonville, Lothian, and Southern Anne Arundel Real Estate versus 27 last month, an increase of 22%. This month's total units sold was lower than at this time last year, a decrease of 6% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 23 units or 35%. The total number of active inventory this May was 89 compared to 66 in May 2024. This month's total of 89 is lower than the previous month's total supply of available inventory of 97, a decrease of 8%.
		Median Sale Price Last May, the median sale price for Davidsonville, Lothian, and Southern Anne Arundel Homes was $520,000. This May, the median sale price was $589,500, an increase of 13% or $69,500 compared to last year. The current median sold price is 7% 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 46	Current Contracts 35	Sold Vs. List Price 100.1%	Months of Supply 2.7

Up 10% Vs. Year Ago	Up 21% Vs. Year Ago	No Change Vs. Year Ago	Up 43% Vs. Year Ago


		Months of Supply In May, there was 2.7 months of supply available in Davidsonville, Lothian, and Southern Anne Arundel, compared to 1.9 in May 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 46 homes newly listed for sale in Davidsonville, Lothian, and Southern Anne Arundel compared to 42 in May 2024, an increase of 10%. There were 35 current contracts pending sale this May compared to 29 a year ago. The number of current contracts is 21% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Davidsonville, Lothian, and Southern Anne Arundel was 100.1% 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 18, lower than the average last year, which was 26, a decrease of 31%.


	Davidsonville, Lothian, and Southern Anne Arundel are defined as properties listed in zip code/s 21035, 20764, 20733, 20711, 20751, 20778, 20776, 20779, 20758 and 20765.
	*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.