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| APRIL 2025 | |||
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| Units Sold 27 |
Active Inventory 176 |
Median Sale Price $225,000 |
Days On Market 49 |
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| Down Vs. Year Ago |
Down -2% Vs. Year Ago |
Down -5% Vs. Year Ago |
Down -17% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in April, with 27 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 April 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 4 units or 2%. The total number of active inventory this April was 176 compared to 180 in April 2024. This month's total of 176 is lower than the previous month's total supply of available inventory of 195, a decrease of 10%. |
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Median Sale Price
Last April, the median sale price for Dorchester County Homes was $235,990. This April, the median sale price was $225,000, a decrease of 5% or $10,990 compared to last year. The current median sold price is 20% lower than in March. 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 46 |
Current Contracts 47 |
Sold Vs. List Price 98.0% |
Months of Supply 6.5 |
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| Down -40% Vs. Year Ago |
Up 7% Vs. Year Ago |
No Change Vs. Year Ago |
Up 106% Vs. Year Ago |
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Months of Supply
In April, there was 6.5 months of supply available in Dorchester County, compared to 3.2 in April 2024. That is an increase of 106% 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 46 homes newly listed for sale in Dorchester County compared to 77 in April 2024, a decrease of 40%. There were 47 current contracts pending sale this April compared to 44 a year ago. The number of current contracts is 7% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Dorchester County was 98.0% 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 49, lower than the average last year, which was 59, a decrease of 17%. | |||
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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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