GLEN BURNIE HOUSING MARKET DATA

There was an increase in total units sold in July, with 107 sold this month in Glen Burnie Real Estate versus 98 last month, an increase of 9%. This month's total units sold was lower than at this time last year, a decrease of 15% versus July 2024.

Versus last year, the total number of homes available this month is higher by 1 units or 1%. The total number of active inventory this July was 138 compared to 137 in July 2024. This month's total of 138 is lower than the previous month's total supply of available inventory of 175, a decrease of 21%.

Last July, the median sale price for Glen Burnie Homes was $383,192. This July, the median sale price was $425,000, an increase of 11% or $41,808 compared to last year. The current median sold price is 1% lower than in June.

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

In July, there was 1.3 months of supply available in Glen Burnie, compared to 1.1 in July 2024. That is an increase of 19% 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 95 homes newly listed for sale in Glen Burnie compared to 123 in July 2024, a decrease of 23%. There were 108 current contracts pending sale this July compared to 105 a year ago. The number of current contracts remained stable as compared to last July.

In July, the average sale price in Glen Burnie was 100.2% of the average list price, which is 1.0% lower than at this time last year.

This month, the average number of days on market was 18, higher than the average last year, which was 12, an increase of 50%.





FOCUS ON: GLEN BURNIE HOUSING MARKET			JULY 2025

Zip Code(s): 21061 and 21060
Units Sold 107	Active Inventory 138	Median Sale Price $425,000	Days On Market 18

Down -15% Vs. Year Ago	Up 1% Vs. Year Ago	Up 11% Vs. Year Ago	Up 50% Vs. Year Ago


		Units Sold There was an increase in total units sold in July, with 107 sold this month in Glen Burnie Real Estate versus 98 last month, an increase of 9%. This month's total units sold was lower than at this time last year, a decrease of 15% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 1 units or 1%. The total number of active inventory this July was 138 compared to 137 in July 2024. This month's total of 138 is lower than the previous month's total supply of available inventory of 175, a decrease of 21%.
		Median Sale Price Last July, the median sale price for Glen Burnie Homes was $383,192. This July, the median sale price was $425,000, an increase of 11% or $41,808 compared to last year. The current median sold price is 1% lower than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 95	Current Contracts 108	Sold Vs. List Price 100.2%	Months of Supply 1.3

Down -23% Vs. Year Ago	Up 3% Vs. Year Ago	Down -1% Vs. Year Ago	Up 18% Vs. Year Ago


		Months of Supply In July, there was 1.3 months of supply available in Glen Burnie, compared to 1.1 in July 2024. That is an increase of 19% 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 95 homes newly listed for sale in Glen Burnie compared to 123 in July 2024, a decrease of 23%. There were 108 current contracts pending sale this July compared to 105 a year ago. The number of current contracts remained stable as compared to last July.
		Sale Price to List Price Ratio In July, the average sale price in Glen Burnie was 100.2% of the average list price, which is 1.0% lower than at this time last year. Days on Market This month, the average number of days on market was 18, higher than the average last year, which was 12, an increase of 50%.


	Glen Burnie are defined as properties listed in zip code/s 21061 and 21060.
	*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.