HAMILTON, LAURAVILLE, RASPEBURG HOUSING MARKET DATA

There was a decrease in total units sold in May, with 59 sold this month in Hamilton, Lauraville, Raspeburg Real Estate versus 78 last month, a decrease of 24%. This month's total units sold was lower than at this time last year, a decrease of 8% versus May 2024.

Versus last year, the total number of homes available this month is lower by 53 units or 27%. The total number of active inventory this May was 145 compared to 198 in May 2024. This month's total of 145 is lower than the previous month's total supply of available inventory of 158, a decrease of 8%.

Last May, the median sale price for Hamilton, Lauraville, Raspeburg Homes was $260,000. This May, the median sale price was $260,000, which is similar compared to a year ago. The current median sold price is 4% 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 2.5 months of supply available in Hamilton, Lauraville, Raspeburg, compared to 3.1 in May 2024. That is a decrease of 21% 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 98 homes newly listed for sale in Hamilton, Lauraville, Raspeburg compared to 122 in May 2024, a decrease of 20%. There were 80 current contracts pending sale this May compared to 66 a year ago. The number of current contracts is 21% higher than last May.

In May, the average sale price in Hamilton, Lauraville, Raspeburg was 100.4% of the average list price, which is 1.6% lower than at this time last year.

This month, the average number of days on market was 39, higher than the average last year, which was 28, an increase of 39%.





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

Zip Code(s): 21206 and 21214
Units Sold 59	Active Inventory 145	Median Sale Price $260,000	Days On Market 39

Down -8% Vs. Year Ago	Down -27% Vs. Year Ago	No Change Vs. Year Ago	Up 39% Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 59 sold this month in Hamilton, Lauraville, Raspeburg Real Estate versus 78 last month, a decrease of 24%. This month's total units sold was lower than at this time last year, a decrease of 8% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 53 units or 27%. The total number of active inventory this May was 145 compared to 198 in May 2024. This month's total of 145 is lower than the previous month's total supply of available inventory of 158, a decrease of 8%.
		Median Sale Price Last May, the median sale price for Hamilton, Lauraville, Raspeburg Homes was $260,000. This May, the median sale price was $260,000, which is similar compared to a year ago. The current median sold price is 4% 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 98	Current Contracts 80	Sold Vs. List Price 100.4%	Months of Supply 2.5

Down -20% Vs. Year Ago	Up 21% Vs. Year Ago	Down -1.6% Vs. Year Ago	Down -20% Vs. Year Ago


		Months of Supply In May, there was 2.5 months of supply available in Hamilton, Lauraville, Raspeburg, compared to 3.1 in May 2024. That is a decrease of 21% 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 98 homes newly listed for sale in Hamilton, Lauraville, Raspeburg compared to 122 in May 2024, a decrease of 20%. There were 80 current contracts pending sale this May compared to 66 a year ago. The number of current contracts is 21% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Hamilton, Lauraville, Raspeburg was 100.4% 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 39, higher than the average last year, which was 28, an increase of 39%.


	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.
	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.