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| MAY 2025 | |||
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| Units Sold 269 |
Active Inventory 457 |
Median Sale Price $410,392 |
Days On Market 22 |
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| Down -8% Vs. Year Ago |
Up 3% Vs. Year Ago |
Up 7% Vs. Year Ago |
Down -4% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 269 sold this month in Harford County Real Estate versus 229 last month, an increase of 17%. This month's total units sold was lower than at this time last year, a decrease of 8% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 13 units or 3%. The total number of active inventory this May was 457 compared to 444 in May 2024. This month's total of 457 is lower than the previous month's total supply of available inventory of 539, a decrease of 15%. |
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Median Sale Price
Last May, the median sale price for Harford County Homes was $384,990. This May, the median sale price was $410,392, an increase of 7% or $25,402 compared to last year. The current median sold price is 3% 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. |
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| New Listings 332 |
Current Contracts 304 |
Sold Vs. List Price 101.2% |
Months of Supply 1.7 |
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| Down -12% Vs. Year Ago |
Up 7% Vs. Year Ago |
No Change Vs. Year Ago |
Up 12% Vs. Year Ago |
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Months of Supply
In May, there was 1.7 months of supply available in Harford County, compared to 1.5 in May 2024. That is an increase of 12% 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 332 homes newly listed for sale in Harford County compared to 376 in May 2024, a decrease of 12%. There were 304 current contracts pending sale this May compared to 285 a year ago. The number of current contracts is 7% higher than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Harford County was 101.2% 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 22, lower than the average last year, which was 23, a decrease of 4%. | |||
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| *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. |
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