The Long & Foster Market Minute

FOCUS ON: MIDDLE RIVER HOUSING MARKET AUGUST 2025

Zip Code(s): 21220
Units Sold
43
Active Inventory
81
Median Sale Price
$387,000
Days On Market
31
Down -2%
Vs. Year Ago
Down -26%
Vs. Year Ago
Up
Vs. Year Ago
Up 55%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in August, with 43 sold this month in Middle River Real Estate versus 51 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 2% versus August 2024.

Active Inventory
Versus last year, the total number of homes available this month is lower by 29 units or 26%. The total number of active inventory this August was 81 compared to 110 in August 2024. This month's total of 81 is lower than the previous month's total supply of available inventory of 104, a decrease of 22%.

Median Sale Price
Last August, the median sale price for Middle River Homes was $282,000. This August, the median sale price was $387,000, an increase of $105,000 compared to last year. The current median sold price is higher than in July.

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


New Listings
47
Current Contracts
53
Sold Vs. List Price
102.5%
Months of Supply
1.9
Down -37%
Vs. Year Ago
Up 6%
Vs. Year Ago
Up 3.5%
Vs. Year Ago
Down -25%
Vs. Year Ago

Months of Supply
In August, there was 1.9 months of supply available in Middle River, compared to 2.5 in August 2024. That is a decrease of 25% 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 47 homes newly listed for sale in Middle River compared to 75 in August 2024, a decrease of 37%. There were 53 current contracts pending sale this August compared to 50 a year ago. The number of current contracts is 6% higher than last August.

Sale Price to List Price Ratio
In August, the average sale price in Middle River was 102.5% of the average list price, which is 3.4% higher than at this time last year.

Days on Market
This month, the average number of days on market was 31, higher than the average last year, which was 20, an increase of 55%.

The Long & Foster Market Minute Middle River are defined as properties listed in zip code/s 21220.
*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.
REALTOR, Equal Opportunity HousingInformation 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.