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FOCUS ON: FOREST HILL, JARRETTSVILLE, AND NORTHERN HARFORD COUNTY HOUSING MARKET |
AUGUST 2025 |
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Zip Code(s): 21050, 21084, 21154, 21132, 21160 and 21034 |
Units Sold
45 |
Active Inventory
63 |
Median Sale Price
$525,000 |
Days On Market
34 |
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Up 114%
Vs. Year Ago |
Down -11%
Vs. Year Ago |
Up 1%
Vs. Year Ago |
Up 21%
Vs. Year Ago |
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Units Sold
The number of units sold remained stable in August, with 45 sold this month in Forest Hill, Jarrettsville, and Northern Harford County Real Estate. This month's total units sold was higher than at this time last year, an increase of 11% versus August 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 8 units or 11%. The total number of active inventory this August was 63 compared to 71 in August 2024. This month's total of 63 is higher than the previous month's total supply of available inventory of 60, an increase of 5%.
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Median Sale Price
Last August, the median sale price for Forest Hill, Jarrettsville, and Northern Harford County Homes was $520,000. This August, the median sale price was $525,000, an increase of 1% or $5,000 compared to last year. The current median sold price is 9% lower 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
32 |
Current Contracts
23 |
Sold Vs. List Price
99.1% |
Months of Supply
1.4 |
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Down -11%
Vs. Year Ago |
Down -15%
Vs. Year Ago |
Down -1.1%
Vs. Year Ago |
Down -59%
Vs. Year Ago |
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Months of Supply
In August, there was 1.4 months of supply available in Forest Hill, Jarrettsville, and Northern Harford County, compared to 3.4 in August 2024. That is a decrease of 59% 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 32 homes newly listed for sale in Forest Hill, Jarrettsville, and Northern Harford County compared to 36 in August 2024, a decrease of 11%. There were 23 current contracts pending sale this August compared to 27 a year ago. The number of current contracts is 15% lower than last August.
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Sale Price to List Price Ratio
In August, the average sale price in Forest Hill, Jarrettsville, and Northern Harford County was 99.1% of the average list price, which is 1.1% lower than at this time last year.
Days on Market
This month, the average number of days on market was 34, higher than the average last year, which was 28, an increase of 21%.
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Forest Hill, Jarrettsville, and Northern Harford County are defined as properties listed in zip code/s 21050, 21084, 21154, 21132, 21160 and 21034. |
*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. |