The Long & Foster Market Minute

FOCUS ON: FREDERICK COUNTY HOUSING MARKET APRIL 2025

Units Sold
302
Active Inventory
539
Median Sale Price
$471,726
Days On Market
18
No Change
Vs. Year Ago
Up 9%
Vs. Year Ago
Up 2%
Vs. Year Ago
No Change
Vs. Year Ago

Units Sold
There was an increase in total units sold in April, with 302 sold this month in Frederick County Real Estate, an increase of 9%. This month's total units sold is similar compared to a year ago.

Active Inventory
Versus last year, the total number of homes available this month is higher by 44 units or 9%. The total number of active inventory this April was 539 compared to 495 in April 2024. This month's total of 539 is lower than the previous month's total supply of available inventory of 600, a decrease of 10%.

Median Sale Price
Last April, the median sale price for Frederick County Homes was $462,405. This April, the median sale price was $471,726, an increase of 2% or $9,321 compared to last year. The current median sold price is 6% lower than in March.

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


New Listings
382
Current Contracts
356
Sold Vs. List Price
101.4%
Months of Supply
1.8
Down -10%
Vs. Year Ago
Up 3%
Vs. Year Ago
No Change
Vs. Year Ago
Up 9%
Vs. Year Ago

Months of Supply
In April, there was 1.8 months of supply available in Frederick County, compared to 1.6 in April 2024. That is an increase of 9% 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 382 homes newly listed for sale in Frederick County compared to 425 in April 2024, a decrease of 10%. There were 356 current contracts pending sale this April compared to 346 a year ago. The number of current contracts is 3% higher than last April.

Sale Price to List Price Ratio
In April, the average sale price in Frederick County was 101.4% of the average list price, which is similar compared to a year ago.

Days on Market
This month, the average number of days on market was 18, which is similar compared to a year ago.

The Long & Foster Market Minute
*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.
REALTOR, Equal Opportunity HousingInformation 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.