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FOCUS ON: ELLICOTT CITY HOUSING MARKET |
AUGUST 2025 |
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Zip Code(s): 21042 and 21043 |
Units Sold
75 |
Active Inventory
135 |
Median Sale Price
$752,000 |
Days On Market
18 |
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Down -16%
Vs. Year Ago |
Up 6%
Vs. Year Ago |
Up 7%
Vs. Year Ago |
Down -5%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 75 sold this month in Ellicott City Real Estate versus 95 last month, a decrease of 21%. This month's total units sold was lower than at this time last year, a decrease of 16% versus August 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 8 units or 6%. The total number of active inventory this August was 135 compared to 127 in August 2024. This month's total of 135 is lower than the previous month's total supply of available inventory of 181, a decrease of 25%.
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Median Sale Price
Last August, the median sale price for Ellicott City Homes was $700,000. This August, the median sale price was $752,000, an increase of 7% or $52,000 compared to last year. The current median sold price is 7% higher than in July.
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
68 |
Current Contracts
85 |
Sold Vs. List Price
101.5% |
Months of Supply
1.8 |
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Down -24%
Vs. Year Ago |
Up 18%
Vs. Year Ago |
Down -1.3%
Vs. Year Ago |
Up 26%
Vs. Year Ago |
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Months of Supply
In August, there was 1.8 months of supply available in Ellicott City, compared to 1.4 in August 2024. That is an increase of 26% 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 68 homes newly listed for sale in Ellicott City compared to 89 in August 2024, a decrease of 24%. There were 85 current contracts pending sale this August compared to 72 a year ago. The number of current contracts is 18% higher than last August.
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Sale Price to List Price Ratio
In August, the average sale price in Ellicott City was 101.5% of the average list price, which is 1.3% lower than at this time last year.
Days on Market
This month, the average number of days on market was 18, lower than the average last year, which was 19, a decrease of 5%.
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Ellicott City are defined as properties listed in zip code/s 21042 and 21043. |
*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. |