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| APRIL 2025 | |||
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| Units Sold 307 |
Active Inventory 373 |
Median Sale Price $630,000 |
Days On Market 16 |
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| Down -3% Vs. Year Ago |
Down -4% Vs. Year Ago |
Down -2% Vs. Year Ago |
Down -6% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in April, with 307 sold this month in Howard County 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 lower by 14 units or 4%. The total number of active inventory this April was 373 compared to 387 in April 2024. This month's total of 373 is lower than the previous month's total supply of available inventory of 450, a decrease of 17%. |
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Median Sale Price
Last April, the median sale price for Howard County Homes was $642,500. This April, the median sale price was $630,000, a decrease of 2% or $12,500 compared to last year. The current median sold price is 5% higher than in March. 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 346 |
Current Contracts 379 |
Sold Vs. List Price 102.8% |
Months of Supply 1.2 |
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| Down -16% Vs. Year Ago |
Up 6% Vs. Year Ago |
No Change Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In April, there was 1.2 months of supply available in Howard County. The amount of supply is similar compared to 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 346 homes newly listed for sale in Howard County compared to 412 in April 2024, a decrease of 16%. There were 379 current contracts pending sale this April compared to 358 a year ago. The number of current contracts is 6% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Howard County was 102.8% 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 16, lower than the average last year, which was 17, a decrease of 6%. | |||
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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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