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| FOCUS ON: DORCHESTER COUNTY HOUSING MARKET |
SEPTEMBER 2025 |
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Units Sold
53 |
Active Inventory
255 |
Median Sale Price
$285,000 |
Days On Market
49 |
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Up 32%
Vs. Year Ago |
Up 56%
Vs. Year Ago |
Down -9%
Vs. Year Ago |
Down -13%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in September, with 53 sold this month in Dorchester County Real Estate versus 45 last month, an increase of 18%. This month's total units sold was higher than at this time last year, an increase of 33% versus September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 92 units or 56%. The total number of active inventory this September was 255 compared to 163 in September 2024. This month's total of 255 is higher than the previous month's total supply of available inventory of 229, an increase of 11%.
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Median Sale Price
Last September, the median sale price for Dorchester County Homes was $312,495. This September, the median sale price was $285,000, a decrease of 9% or $27,495 compared to last year. The current median sold price is 2% higher than in August.
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
89 |
Current Contracts
43 |
Sold Vs. List Price
89.7% |
Months of Supply
4.8 |
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Up 82%
Vs. Year Ago |
Up 19%
Vs. Year Ago |
Down
Vs. Year Ago |
Up 18%
Vs. Year Ago |
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Months of Supply
In September, there was 4.8 months of supply available in Dorchester County, compared to 4.1 in September 2024. That is an increase of 18% 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 89 homes newly listed for sale in Dorchester County compared to 49 in September 2024, an increase of 82%. There were 43 current contracts pending sale this September compared to 36 a year ago. The number of current contracts is 19% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Dorchester County was 89.7% of the average list price, which is lower than at this time last year.
Days on Market
This month, the average number of days on market was 49, lower than the average last year, which was 56, a decrease 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. |