LAUREL HOUSING MARKET DATA

There was an increase in total units sold in September, with 96 sold this month in Laurel Real Estate versus 95 last month, an increase of 1%. This month's total units sold was lower than at this time last year, a decrease of 6% versus September 2024.

Versus last year, the total number of homes available this month is higher by 79 units or 60%. The total number of active inventory this September was 210 compared to 131 in September 2024. This month's total of 210 is lower than the previous month's total supply of available inventory of 229, a decrease of 8%.

Last September, the median sale price for Laurel Homes was $520,000. This September, the median sale price was $512,095, a decrease of 2% or $7,905 compared to last year. The current median sold price is 7% higher than in August.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In September, there was 2.2 months of supply available in Laurel, compared to 1.3 in September 2024. That is an increase of 70% 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 98 homes newly listed for sale in Laurel compared to 107 in September 2024, a decrease of 8%. There were 90 current contracts pending sale this September compared to 108 a year ago. The number of current contracts is 17% lower than last September.

In September, the average sale price in Laurel was 99.3% of the average list price, which is 1.9% lower than at this time last year.

This month, the average number of days on market was 20, lower than the average last year, which was 22, a decrease of 9%.





FOCUS ON: LAUREL HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 20707, 20708, 20723 and 20724
Units Sold 96	Active Inventory 210	Median Sale Price $512,095	Days On Market 20

Down -6% Vs. Year Ago	Up 60% Vs. Year Ago	Down -2% Vs. Year Ago	Down -9% Vs. Year Ago


		Units Sold There was an increase in total units sold in September, with 96 sold this month in Laurel Real Estate versus 95 last month, an increase of 1%. This month's total units sold was lower than at this time last year, a decrease of 6% versus September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 79 units or 60%. The total number of active inventory this September was 210 compared to 131 in September 2024. This month's total of 210 is lower than the previous month's total supply of available inventory of 229, a decrease of 8%.
		Median Sale Price Last September, the median sale price for Laurel Homes was $520,000. This September, the median sale price was $512,095, a decrease of 2% or $7,905 compared to last year. The current median sold price is 7% higher than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 98	Current Contracts 90	Sold Vs. List Price 99.3%	Months of Supply 2.2

Down -8% Vs. Year Ago	Down -17% Vs. Year Ago	Down -1.9% Vs. Year Ago	Up 71% Vs. Year Ago


		Months of Supply In September, there was 2.2 months of supply available in Laurel, compared to 1.3 in September 2024. That is an increase of 70% 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 98 homes newly listed for sale in Laurel compared to 107 in September 2024, a decrease of 8%. There were 90 current contracts pending sale this September compared to 108 a year ago. The number of current contracts is 17% lower than last September.
		Sale Price to List Price Ratio In September, the average sale price in Laurel was 99.3% of the average list price, which is 1.9% lower than at this time last year. Days on Market This month, the average number of days on market was 20, lower than the average last year, which was 22, a decrease of 9%.


	Laurel are defined as properties listed in zip code/s 20707, 20708, 20723 and 20724.
	*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.