The Long & Foster Market Minute

FOCUS ON: HAMILTON, LAURAVILLE, RASPEBURG HOUSING MARKET AUGUST 2025

Zip Code(s): 21206 and 21214
Units Sold
65
Active Inventory
177
Median Sale Price
$265,000
Days On Market
32
Down -7%
Vs. Year Ago
Down -14%
Vs. Year Ago
Up 3%
Vs. Year Ago
Up 23%
Vs. Year Ago

Units Sold
There was an increase in total units sold in August, with 65 sold this month in Hamilton, Lauraville, Raspeburg Real Estate versus 50 last month, an increase of 30%. This month's total units sold was lower than at this time last year, a decrease of 7% versus August 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 29 units or 14%. The total number of active inventory this August was 177 compared to 206 in August 2024. This month's total of 177 is lower than the previous month's total supply of available inventory of 187, a decrease of 5%.

Median Sale Price
Last August, the median sale price for Hamilton, Lauraville, Raspeburg Homes was $257,850. This August, the median sale price was $265,000, an increase of 3% or $7,150 compared to last year. The current median sold price is 17% lower than in July.

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


New Listings
93
Current Contracts
61
Sold Vs. List Price
102.2%
Months of Supply
2.7
Down -6%
Vs. Year Ago
Up 15%
Vs. Year Ago
Up 1.5%
Vs. Year Ago
Down -7%
Vs. Year Ago

Months of Supply
In August, there was 2.7 months of supply available in Hamilton, Lauraville, Raspeburg, compared to 2.9 in August 2024. That is a decrease of 7% 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 93 homes newly listed for sale in Hamilton, Lauraville, Raspeburg compared to 99 in August 2024, a decrease of 6%. There were 61 current contracts pending sale this August compared to 53 a year ago. The number of current contracts is 15% higher than last August.

Sale Price to List Price Ratio
In August, the average sale price in Hamilton, Lauraville, Raspeburg was 102.2% of the average list price, which is 1.5% higher than at this time last year.

Days on Market
This month, the average number of days on market was 32, higher than the average last year, which was 26, an increase of 23%.

The Long & Foster Market Minute Hamilton, Lauraville, Raspeburg are defined as properties listed in zip code/s 21206 and 21214.
*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.