 |
|||
 |
|||
| | |||
| MARCH 2025 | |||
| | |||
| Units Sold 271 |
Active Inventory 477 |
Median Sale Price $490,000 |
Days On Market 29 |
|
|
|
|
|
| Up 1% Vs. Year Ago |
Up 2% Vs. Year Ago |
Up 3% Vs. Year Ago |
Up 61% Vs. Year Ago |
| | |||
Units Sold
There was an increase in total units sold in March, with 271 sold this month in Frederick County Real Estate. This month's total units sold was higher than at this time last year. |
|||
Active Inventory
Versus last year, the total number of homes available this month is higher by 9 units or 2%. The total number of active inventory this March was 477 compared to 468 in March 2024. This month's total of 477 is lower than the previous month's total supply of available inventory of 524, a decrease of 9%. |
|||
Median Sale Price
Last March, the median sale price for Frederick County Homes was $474,950. This March, the median sale price was $490,000, an increase of 3% or $15,050 compared to last year. The current median sold price is 9% 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 381 |
Current Contracts 361 |
Sold Vs. List Price 100.4% |
Months of Supply 1.8 |
|
|
|
|
|
| Up 1% Vs. Year Ago |
Up 20% Vs. Year Ago |
Down -0.7% Vs. Year Ago |
No Change Vs. Year Ago |
| | |||
Months of Supply
In March, there was 1.8 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. |
|||
New Listings & Current Contracts
This month there were 381 homes newly listed for sale in Frederick County compared to 379 in March 2024, an increase of 1%. There were 361 current contracts pending sale this March compared to 302 a year ago. The number of current contracts is 20% higher than last March. |
|||
Sale Price to List Price Ratio
In March, the average sale price in Frederick County was 100.4% of the average list price, which is 0.7% lower than at this time last year. Days on Market
This month, the average number of days on market was 29, higher than the average last year, which was 18, an increase of 61%. | |||
 |
|||
| *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. |
|||