DAVIDSONVILLE, LOTHIAN, AND SOUTHERN ANNE ARUNDEL HOUSING MARKET DATA

There was a decrease in total units sold in March, with 19 sold this month in Davidsonville, Lothian, and Southern Anne Arundel Real Estate versus 25 last month, a decrease of 24%. This month's total units sold was lower than at this time last year, a decrease of 5% versus March 2024.

Versus last year, the total number of homes available this month is higher by 10 units or 18%. The total number of active inventory this March was 65 compared to 55 in March 2024. This month's total of 65 is lower than the previous month's total supply of available inventory of 75, a decrease of 13%.

Last March, the median sale price for Davidsonville, Lothian, and Southern Anne Arundel Homes was $607,500. This March, the median sale price was $524,000, a decrease of 14% or $83,500 compared to last year. The current median sold price is 12% lower 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.

In March, there was 3.4 months of supply available in Davidsonville, Lothian, and Southern Anne Arundel, compared to 2.8 in March 2024. That is an increase of 24% 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 32 homes newly listed for sale in Davidsonville, Lothian, and Southern Anne Arundel compared to 31 in March 2024, an increase of 3%. There were 35 current contracts pending sale this March compared to 27 a year ago. The number of current contracts is 30% higher than last March.

In March, the average sale price in Davidsonville, Lothian, and Southern Anne Arundel was 100.2% of the average list price, which is 1.1% higher than at this time last year.

This month, the average number of days on market was 20, lower than the average last year, which was 39, a decrease of 49%.





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

Zip Code(s): 21035, 20764, 20733, 20711, 20751, 20778, 20776, 20779, 20758 and 20765
Units Sold 19	Active Inventory 65	Median Sale Price $524,000	Days On Market 20

Down -5% Vs. Year Ago	Up 18% Vs. Year Ago	Down -14% Vs. Year Ago	Down -49% Vs. Year Ago


		Units Sold There was a decrease in total units sold in March, with 19 sold this month in Davidsonville, Lothian, and Southern Anne Arundel Real Estate versus 25 last month, a decrease of 24%. This month's total units sold was lower than at this time last year, a decrease of 5% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 10 units or 18%. The total number of active inventory this March was 65 compared to 55 in March 2024. This month's total of 65 is lower than the previous month's total supply of available inventory of 75, a decrease of 13%.
		Median Sale Price Last March, the median sale price for Davidsonville, Lothian, and Southern Anne Arundel Homes was $607,500. This March, the median sale price was $524,000, a decrease of 14% or $83,500 compared to last year. The current median sold price is 12% lower 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 32	Current Contracts 35	Sold Vs. List Price 100.2%	Months of Supply 3.4

Up 3% Vs. Year Ago	Up 30% Vs. Year Ago	Up 1.1% Vs. Year Ago	Up 24% Vs. Year Ago


		Months of Supply In March, there was 3.4 months of supply available in Davidsonville, Lothian, and Southern Anne Arundel, compared to 2.8 in March 2024. That is an increase of 24% 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 32 homes newly listed for sale in Davidsonville, Lothian, and Southern Anne Arundel compared to 31 in March 2024, an increase of 3%. There were 35 current contracts pending sale this March compared to 27 a year ago. The number of current contracts is 30% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Davidsonville, Lothian, and Southern Anne Arundel was 100.2% of the average list price, which is 1.1% higher than at this time last year. Days on Market This month, the average number of days on market was 20, lower than the average last year, which was 39, a decrease of 49%.


	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.