 |
|||
 |
|||
| | |||
| JUNE 2025 | |||
| | |||
| Units Sold 54 |
Active Inventory 235 |
Median Sale Price $300,500 |
Days On Market 69 |
|
|
|
|
|
| Up 29% Vs. Year Ago |
Up 27% Vs. Year Ago |
Up 7% Vs. Year Ago |
Up 33% Vs. Year Ago |
| | |||
Units Sold
There was an increase in total units sold in June, with 54 sold this month in Dorchester County Real Estate. This month's total units sold was higher than at this time last year. |
|||
Active Inventory
Versus last year, the total number of homes available this month is higher by 50 units or 27%. The total number of active inventory this June was 235 compared to 185 in June 2024. This month's total of 235 is lower than the previous month's total supply of available inventory of 241, a decrease of 2%. |
|||
Median Sale Price
Last June, the median sale price for Dorchester County Homes was $279,800. This June, the median sale price was $300,500, an increase of 7% or $20,700 compared to last year. The current median sold price is 4% higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
|||
| | |||
| New Listings 69 |
Current Contracts 45 |
Sold Vs. List Price 97.5% |
Months of Supply 4.4 |
|
|
|
|
|
| Up 33% Vs. Year Ago |
No Change Vs. Year Ago |
Down -1.6% Vs. Year Ago |
No Change Vs. Year Ago |
| | |||
Months of Supply
In June, there was 4.4 months of supply available in Dorchester County. 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 69 homes newly listed for sale in Dorchester County compared to 52 in June 2024, an increase of 33%. There were 45 current contracts pending sale this June, consistent with the volume a year ago. The number of current contracts is 7% higher than last month. |
|||
Sale Price to List Price Ratio
In June, the average sale price in Dorchester County was 97.5% of the average list price, which is 1.6% lower than at this time last year. Days on Market
This month, the average number of days on market was 69, higher than the average last year, which was 52, an increase of 33%. | |||
 |
|||
| *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. |
|||