FOREST HILL, JARRETTSVILLE, AND NORTHERN HARFORD COUNTY HOUSING MARKET DATA

There was an increase in total units sold in May, with 29 sold this month in Forest Hill, Jarrettsville, and Northern Harford County Real Estate versus 25 last month, an increase of 16%. This month's total units sold was lower than at this time last year, a decrease of 12% versus May 2024.

Versus last year, the total number of homes available this month is higher by 4 units or 6%. The total number of active inventory this May was 68 compared to 64 in May 2024. This month's total of 68 is lower than the previous month's total supply of available inventory of 80, a decrease of 15%.

Last May, the median sale price for Forest Hill, Jarrettsville, and Northern Harford County Homes was $540,000. This May, the median sale price was $475,000, a decrease of 12% or $65,000 compared to last year. The current median sold price is 13% 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 2.3 months of supply available in Forest Hill, Jarrettsville, and Northern Harford County, compared to 1.9 in May 2024. That is an increase of 21% 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 41 homes newly listed for sale in Forest Hill, Jarrettsville, and Northern Harford County compared to 48 in May 2024, a decrease of 15%. There were 41 current contracts pending sale this May compared to 34 a year ago. The number of current contracts is 21% higher than last May.

In May, the average sale price in Forest Hill, Jarrettsville, and Northern Harford County was 102.5% of the average list price, which is 3.1% higher than at this time last year.

This month, the average number of days on market was 25, higher than the average last year, which was 16. This increase was impacted by the limited number of sales.





FOCUS ON: FOREST HILL, JARRETTSVILLE, AND NORTHERN HARFORD COUNTY HOUSING MARKET			MAY 2025

Zip Code(s): 21050, 21084, 21154, 21132, 21160 and 21034
Units Sold 29	Active Inventory 68	Median Sale Price $475,000	Days On Market 25

Down -12% Vs. Year Ago	Up 6% Vs. Year Ago	Down -12% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 29 sold this month in Forest Hill, Jarrettsville, and Northern Harford County Real Estate versus 25 last month, an increase of 16%. This month's total units sold was lower than at this time last year, a decrease of 12% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 4 units or 6%. The total number of active inventory this May was 68 compared to 64 in May 2024. This month's total of 68 is lower than the previous month's total supply of available inventory of 80, a decrease of 15%.
		Median Sale Price Last May, the median sale price for Forest Hill, Jarrettsville, and Northern Harford County Homes was $540,000. This May, the median sale price was $475,000, a decrease of 12% or $65,000 compared to last year. The current median sold price is 13% 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 41	Current Contracts 41	Sold Vs. List Price 102.5%	Months of Supply 2.3

Down -15% Vs. Year Ago	Up 21% Vs. Year Ago	Up 3.1% Vs. Year Ago	Up 21% Vs. Year Ago


		Months of Supply In May, there was 2.3 months of supply available in Forest Hill, Jarrettsville, and Northern Harford County, compared to 1.9 in May 2024. That is an increase of 21% 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 41 homes newly listed for sale in Forest Hill, Jarrettsville, and Northern Harford County compared to 48 in May 2024, a decrease of 15%. There were 41 current contracts pending sale this May compared to 34 a year ago. The number of current contracts is 21% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Forest Hill, Jarrettsville, and Northern Harford County was 102.5% of the average list price, which is 3.1% higher than at this time last year. Days on Market This month, the average number of days on market was 25, higher than the average last year, which was 16. This increase was impacted by the limited number of sales.


	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.