ELLICOTT CITY HOUSING MARKET DATA

There was an increase in total units sold in May, with 96 sold this month in Ellicott City Real Estate versus 91 last month, an increase of 5%. This month's total units sold was lower than at this time last year, a decrease of 5% versus May 2024.

Versus last year, the total number of homes available this month is higher by 6 units or 5%. The total number of active inventory this May was 121 compared to 115 in May 2024. This month's total of 121 is lower than the previous month's total supply of available inventory of 131, a decrease of 8%.

Last May, the median sale price for Ellicott City Homes was $800,000. This May, the median sale price was $782,500, a decrease of 2% or $17,500 compared to last year. The current median sold price is 16% higher than in April.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 1.3 months of supply available in Ellicott City, compared to 1.1 in May 2024. That is an increase of 11% 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.

This month there were 103 homes newly listed for sale in Ellicott City compared to 127 in May 2024, a decrease of 19%. There were 97 current contracts pending sale this May compared to 115 a year ago. The number of current contracts is 16% lower than last May.

In May, the average sale price in Ellicott City was 102.0% of the average list price, which is 1.9% lower than at this time last year.

This month, the average number of days on market was 14, higher than the average last year, which was 11, an increase of 27%.





FOCUS ON: ELLICOTT CITY HOUSING MARKET			MAY 2025

Zip Code(s): 21042 and 21043
Units Sold 96	Active Inventory 121	Median Sale Price $782,500	Days On Market 14

Down -5% Vs. Year Ago	Up 5% Vs. Year Ago	Down -2% Vs. Year Ago	Up 27% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 96 sold this month in Ellicott City Real Estate versus 91 last month, an increase of 5%. This month's total units sold was lower than at this time last year, a decrease of 5% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 6 units or 5%. The total number of active inventory this May was 121 compared to 115 in May 2024. This month's total of 121 is lower than the previous month's total supply of available inventory of 131, a decrease of 8%.
		Median Sale Price Last May, the median sale price for Ellicott City Homes was $800,000. This May, the median sale price was $782,500, a decrease of 2% or $17,500 compared to last year. The current median sold price is 16% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 103	Current Contracts 97	Sold Vs. List Price 102.0%	Months of Supply 1.3

Down -19% Vs. Year Ago	Down -16% Vs. Year Ago	Down -1.8% Vs. Year Ago	Up 11% Vs. Year Ago


		Months of Supply In May, there was 1.3 months of supply available in Ellicott City, compared to 1.1 in May 2024. That is an increase of 11% 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.
New Listings & Current Contracts This month there were 103 homes newly listed for sale in Ellicott City compared to 127 in May 2024, a decrease of 19%. There were 97 current contracts pending sale this May compared to 115 a year ago. The number of current contracts is 16% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Ellicott City was 102.0% of the average list price, which is 1.9% lower than at this time last year. Days on Market This month, the average number of days on market was 14, higher than the average last year, which was 11, an increase of 27%.


	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.