HANOVER AND LINTHICUM HEIGHTS HOUSING MARKET DATA

There was a decrease in total units sold in July, with 47 sold this month in Hanover and Linthicum Heights Real Estate versus 50 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 19% versus July 2024.

Versus last year, the total number of homes available this month is higher by 26 units or 43%. The total number of active inventory this July was 87 compared to 61 in July 2024. This month's total of 87 is lower than the previous month's total supply of available inventory of 104, a decrease of 16%.

Last July, the median sale price for Hanover and Linthicum Heights Homes was $519,142. This July, the median sale price was $527,270, an increase of 2% or $8,128 compared to last year. The current median sold price is 2% higher 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 1.9 months of supply available in Hanover and Linthicum Heights, compared to 1.1 in July 2024. That is an increase of 76% 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 45 homes newly listed for sale in Hanover and Linthicum Heights compared to 64 in July 2024, a decrease of 30%. There were 44 current contracts pending sale this July compared to 64 a year ago. The number of current contracts remained stable as compared to last July.

In July, the average sale price in Hanover and Linthicum Heights was 99.8% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 17, higher than the average last year, which was 15, an increase of 13%.





FOCUS ON: HANOVER AND LINTHICUM HEIGHTS HOUSING MARKET			JULY 2025

Zip Code(s): 21076, 21090 and 21077
Units Sold 47	Active Inventory 87	Median Sale Price $527,270	Days On Market 17

Down -19% Vs. Year Ago	Up 43% Vs. Year Ago	Up 2% Vs. Year Ago	Up 13% Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 47 sold this month in Hanover and Linthicum Heights Real Estate versus 50 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 19% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 26 units or 43%. The total number of active inventory this July was 87 compared to 61 in July 2024. This month's total of 87 is lower than the previous month's total supply of available inventory of 104, a decrease of 16%.
		Median Sale Price Last July, the median sale price for Hanover and Linthicum Heights Homes was $519,142. This July, the median sale price was $527,270, an increase of 2% or $8,128 compared to last year. The current median sold price is 2% higher 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 45	Current Contracts 44	Sold Vs. List Price 99.8%	Months of Supply 1.9

Down -30% Vs. Year Ago	Down -31% Vs. Year Ago	No Change Vs. Year Ago	Up 76% Vs. Year Ago


		Months of Supply In July, there was 1.9 months of supply available in Hanover and Linthicum Heights, compared to 1.1 in July 2024. That is an increase of 76% 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 45 homes newly listed for sale in Hanover and Linthicum Heights compared to 64 in July 2024, a decrease of 30%. There were 44 current contracts pending sale this July compared to 64 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 Hanover and Linthicum Heights was 99.8% 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 17, higher than the average last year, which was 15, an increase of 13%.


	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.