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| MAY 2025 | |||
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| Units Sold 345 |
Active Inventory 588 |
Median Sale Price $482,500 |
Days On Market 20 |
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| Down -2% Vs. Year Ago |
Up 1% Vs. Year Ago |
Down -6% Vs. Year Ago |
Up 25% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 345 sold this month in Frederick County Real Estate versus 306 last month, an increase of 13%. This month's total units sold was lower than at this time last year, a decrease of 2% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 8 units or 1%. The total number of active inventory this May was 588 compared to 580 in May 2024. This month's total of 588 is lower than the previous month's total supply of available inventory of 687, a decrease of 14%. |
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Median Sale Price
Last May, the median sale price for Frederick County Homes was $515,000. This May, the median sale price was $482,500, a decrease of 6% or $32,500 compared to last year. The current median sold price is 2% 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. |
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| New Listings 381 |
Current Contracts 374 |
Sold Vs. List Price 100.5% |
Months of Supply 1.7 |
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| Down -30% Vs. Year Ago |
Down -6% Vs. Year Ago |
Down -1.5% Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In May, there was 1.7 months of supply available in Frederick County. The amount of supply is similar compared to 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 381 homes newly listed for sale in Frederick County compared to 543 in May 2024, a decrease of 30%. There were 374 current contracts pending sale this May compared to 399 a year ago. The number of current contracts is 6% lower than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Frederick County was 100.5% of the average list price, which is 1.6% lower than at this time last year. Days on Market
This month, the average number of days on market was 20, higher than the average last year, which was 16, an increase of 25%. | |||
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| *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. |
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