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| JULY 2025 | |||
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| Units Sold 35 |
Active Inventory 234 |
Median Sale Price $295,000 |
Days On Market 51 |
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| Down Vs. Year Ago |
Up 34% Vs. Year Ago |
Up 9% Vs. Year Ago |
Up 13% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in July, with 35 sold this month in Dorchester County Real Estate. This month's total units sold was lower than at this time last year, a decrease from July 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 59 units or 34%. The total number of active inventory this July was 234 compared to 175 in July 2024. This month's total of 234 is lower than the previous month's total supply of available inventory of 250, a decrease of 6%. |
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Median Sale Price
Last July, the median sale price for Dorchester County Homes was $269,900. This July, the median sale price was $295,000, an increase of 9% or $25,100 compared to last year. The current median sold price is 2% lower than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 60 |
Current Contracts 56 |
Sold Vs. List Price 91.7% |
Months of Supply 6.7 |
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| Up 3% Vs. Year Ago |
Up 33% Vs. Year Ago |
Down -4.6% Vs. Year Ago |
Up 125% Vs. Year Ago |
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Months of Supply
In July, there was 6.7 months of supply available in Dorchester County, compared to 3.0 in July 2024. That is an increase of 125% 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. |
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New Listings & Current Contracts
This month there were 60 homes newly listed for sale in Dorchester County compared to 58 in July 2024, an increase of 3%. There were 56 current contracts pending sale this July compared to 42 a year ago. The number of current contracts is 33% higher than last July. |
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Sale Price to List Price Ratio
In July, the average sale price in Dorchester County was 91.7% of the average list price, which is 4.4% lower than at this time last year. Days on Market
This month, the average number of days on market was 51, higher than the average last year, which was 45, an increase of 13%. | |||
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| *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. |
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