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

There was an increase in total units sold in March, with 25 sold this month in Forest Hill, Jarrettsville, and Northern Harford County Real Estate versus 22 last month, an increase of 14%. This month's total units sold was higher than at this time last year, an increase of 4% versus March 2024.

Versus last year, the total number of homes available this month is lower by 12 units or 20%. The total number of active inventory this March was 49 compared to 61 in March 2024. This month's total of 49 is lower than the previous month's total supply of available inventory of 59, a decrease of 17%.

Last March, the median sale price for Forest Hill, Jarrettsville, and Northern Harford County Homes was $485,000. This March, the median sale price was $453,000, a decrease of 7% or $32,000 compared to last year. The current median sold price is 14% higher than in February.

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

In March, there was 2.0 months of supply available in Forest Hill, Jarrettsville, and Northern Harford County, compared to 2.5 in March 2024. That is a decrease of 23% 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 30 homes newly listed for sale in Forest Hill, Jarrettsville, and Northern Harford County compared to 43 in March 2024, a decrease of 30%. There were 36 current contracts pending sale this March compared to 32 a year ago. The number of current contracts is 13% higher than last March.

In March, the average sale price in Forest Hill, Jarrettsville, and Northern Harford County was 99.8% of the average list price, which is 0.5% higher than at this time last year.

This month, the average number of days on market was 30, higher than the average last year, which was 26, an increase of 15%.





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

Zip Code(s): 21050, 21084, 21154, 21132, 21160 and 21034
Units Sold 25	Active Inventory 49	Median Sale Price $453,000	Days On Market 30

Up 4% Vs. Year Ago	Down -20% Vs. Year Ago	Down -7% Vs. Year Ago	Up 15% Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 25 sold this month in Forest Hill, Jarrettsville, and Northern Harford County Real Estate versus 22 last month, an increase of 14%. This month's total units sold was higher than at this time last year, an increase of 4% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 12 units or 20%. The total number of active inventory this March was 49 compared to 61 in March 2024. This month's total of 49 is lower than the previous month's total supply of available inventory of 59, a decrease of 17%.
		Median Sale Price Last March, the median sale price for Forest Hill, Jarrettsville, and Northern Harford County Homes was $485,000. This March, the median sale price was $453,000, a decrease of 7% or $32,000 compared to last year. The current median sold price is 14% higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 30	Current Contracts 36	Sold Vs. List Price 99.8%	Months of Supply 2.0

Down -30% Vs. Year Ago	Up 13% Vs. Year Ago	Up 0.5% Vs. Year Ago	Down -23% Vs. Year Ago


		Months of Supply In March, there was 2.0 months of supply available in Forest Hill, Jarrettsville, and Northern Harford County, compared to 2.5 in March 2024. That is a decrease of 23% 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 30 homes newly listed for sale in Forest Hill, Jarrettsville, and Northern Harford County compared to 43 in March 2024, a decrease of 30%. There were 36 current contracts pending sale this March compared to 32 a year ago. The number of current contracts is 13% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Forest Hill, Jarrettsville, and Northern Harford County was 99.8% of the average list price, which is 0.5% higher than at this time last year. Days on Market This month, the average number of days on market was 30, higher than the average last year, which was 26, an increase of 15%.


	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.