FREDERICK HOUSING MARKET DATA

The number of units sold remained stable in May, with 202 sold this month in Frederick Real Estate. This month's total units sold was higher than at this time last year, an increase of 37% versus May 2024.

Versus last year, the total number of homes available this month is lower by 5 units or 1%. The total number of active inventory this May was 337 compared to 342 in May 2024. This month's total of 337 is lower than the previous month's total supply of available inventory of 408, a decrease of 17%.

Last May, the median sale price for Frederick Homes was $498,738. This May, the median sale price was $464,360, a decrease of 7% or $34,378 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.

In May, there was 1.7 months of supply available in Frederick, compared to 1.8 in May 2024. That is a decrease of 8% 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 214 homes newly listed for sale in Frederick compared to 339 in May 2024, a decrease of 37%. There were 211 current contracts pending sale this May compared to 234 a year ago. The number of current contracts is 10% lower than last May.

In May, the average sale price in Frederick was 100.5% of the average list price, which is 2.3% lower than at this time last year.

This month, the average number of days on market was 21, higher than the average last year, which was 15, an increase of 40%.





FOCUS ON: FREDERICK HOUSING MARKET			MAY 2025

Zip Code(s): 21701, 21702, 21703, 21704, 21714 and 21717
Units Sold 202	Active Inventory 337	Median Sale Price $464,360	Days On Market 21

Up 7% Vs. Year Ago	Down -1% Vs. Year Ago	Down -7% Vs. Year Ago	Up 40% Vs. Year Ago


		Units Sold The number of units sold remained stable in May, with 202 sold this month in Frederick Real Estate. This month's total units sold was higher than at this time last year, an increase of 37% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 5 units or 1%. The total number of active inventory this May was 337 compared to 342 in May 2024. This month's total of 337 is lower than the previous month's total supply of available inventory of 408, a decrease of 17%.
		Median Sale Price Last May, the median sale price for Frederick Homes was $498,738. This May, the median sale price was $464,360, a decrease of 7% or $34,378 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.



New Listings 214	Current Contracts 211	Sold Vs. List Price 100.5%	Months of Supply 1.7

Down -37% Vs. Year Ago	Down -10% Vs. Year Ago	Down -2.3% Vs. Year Ago	Down -8% Vs. Year Ago


		Months of Supply In May, there was 1.7 months of supply available in Frederick, compared to 1.8 in May 2024. That is a decrease of 8% 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 214 homes newly listed for sale in Frederick compared to 339 in May 2024, a decrease of 37%. There were 211 current contracts pending sale this May compared to 234 a year ago. The number of current contracts is 10% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Frederick was 100.5% of the average list price, which is 2.3% lower than at this time last year. Days on Market This month, the average number of days on market was 21, higher than the average last year, which was 15, an increase of 40%.


	Frederick are defined as properties listed in zip code/s 21701, 21702, 21703, 21704, 21714 and 21717.
	*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.