HAMPSTEAD, FINKSBURG, AND MANCHESTER HOUSING MARKET DATA

There was an increase in total units sold in May, with 40 sold this month in Hampstead, Finksburg, and Manchester Real Estate versus 37 last month, an increase of 8%. This month's total units sold was higher than at this time last year, an increase of 33% versus May 2024.

Versus last year, the total number of homes available this month is lower by 6 units or 9%. The total number of active inventory this May was 61 compared to 67 in May 2024. This month's total of 61 is lower than the previous month's total supply of available inventory of 70, a decrease of 13%.

Last May, the median sale price for Hampstead, Finksburg, and Manchester Homes was $430,000. This May, the median sale price was $428,000, which is similar compared to a year ago. The current median sold price is 3% lower 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 1.5 months of supply available in Hampstead, Finksburg, and Manchester, compared to 2.2 in May 2024. That is a decrease of 32% 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 39 homes newly listed for sale in Hampstead, Finksburg, and Manchester compared to 49 in May 2024, a decrease of 20%. There were 34 current contracts pending sale this May compared to 28 a year ago. The number of current contracts is 21% higher than last May.

In May, the average sale price in Hampstead, Finksburg, and Manchester was 101.4% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 16, higher than the average last year, which was 12, an increase of 33%.





FOCUS ON: HAMPSTEAD, FINKSBURG, AND MANCHESTER HOUSING MARKET			MAY 2025

Zip Code(s): 21074, 21048, 21102 and 21088
Units Sold 40	Active Inventory 61	Median Sale Price $428,000	Days On Market 16

Up 33% Vs. Year Ago	Down -9% Vs. Year Ago	No Change Vs. Year Ago	Up 33% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 40 sold this month in Hampstead, Finksburg, and Manchester Real Estate versus 37 last month, an increase of 8%. This month's total units sold was higher than at this time last year, an increase of 33% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 6 units or 9%. The total number of active inventory this May was 61 compared to 67 in May 2024. This month's total of 61 is lower than the previous month's total supply of available inventory of 70, a decrease of 13%.
		Median Sale Price Last May, the median sale price for Hampstead, Finksburg, and Manchester Homes was $430,000. This May, the median sale price was $428,000, which is similar compared to a year ago. The current median sold price is 3% lower 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 39	Current Contracts 34	Sold Vs. List Price 101.4%	Months of Supply 1.5

Down -20% Vs. Year Ago	Up 21% Vs. Year Ago	No Change Vs. Year Ago	Down -31% Vs. Year Ago


		Months of Supply In May, there was 1.5 months of supply available in Hampstead, Finksburg, and Manchester, compared to 2.2 in May 2024. That is a decrease of 32% 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 39 homes newly listed for sale in Hampstead, Finksburg, and Manchester compared to 49 in May 2024, a decrease of 20%. There were 34 current contracts pending sale this May compared to 28 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 Hampstead, Finksburg, and Manchester was 101.4% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 16, higher than the average last year, which was 12, an increase of 33%.


	Hampstead, Finksburg, and Manchester are defined as properties listed in zip code/s 21074, 21048, 21102 and 21088.
	*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.