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FOCUS ON: HANOVER AND LINTHICUM HEIGHTS HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 21076, 21090 and 21077 |
Units Sold
49 |
Active Inventory
88 |
Median Sale Price
$514,885 |
Days On Market
19 |
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Down -6%
Vs. Year Ago |
Up 21%
Vs. Year Ago |
Up 1%
Vs. Year Ago |
Up 36%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 49 sold this month in Hanover and Linthicum Heights Real Estate. This month's total units sold was lower than at this time last year.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 15 units or 21%. The total number of active inventory this June was 88 compared to 73 in June 2024. This month's total of 88 is higher than the previous month's total supply of available inventory of 77, an increase of 14%.
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Median Sale Price
Last June, the median sale price for Hanover and Linthicum Heights Homes was $510,000. This June, the median sale price was $514,885, an increase of 1% or $4,885 compared to last year. The current median sold price is 5% lower than in May.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
68 |
Current Contracts
48 |
Sold Vs. List Price
100.7% |
Months of Supply
1.8 |
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No Change
Vs. Year Ago |
Down -19%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 29%
Vs. Year Ago |
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Months of Supply
In June, there was 1.8 months of supply available in Hanover and Linthicum Heights, compared to 1.4 in June 2024. That is an increase of 28% 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.
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New Listings & Current Contracts
This month there were 68 homes newly listed for sale in Hanover and Linthicum Heights, which is similar to the amount in June 2024. There were 48 current contracts pending sale this June compared to 59 a year ago. The number of current contracts is 19% lower than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Hanover and Linthicum Heights was 100.7% 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 19, higher than the average last year, which was 14, an increase of 36%.
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Hanover and Linthicum Heights are defined as properties listed in zip code/s 21076, 21090 and 21077. |
*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. |