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FOCUS ON: MOUNT AIRY, NEW MARKET, AND IJAMSVILLE HOUSING MARKET |
AUGUST 2025 |
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Zip Code(s): 21771, 21774, 21754 and 21770 |
Units Sold
71 |
Active Inventory
132 |
Median Sale Price
$650,000 |
Days On Market
23 |
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Up 6%
Vs. Year Ago |
Up 6%
Vs. Year Ago |
Down -5%
Vs. Year Ago |
Up 5%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in August, with 71 sold this month in Mount Airy, New Market, and Ijamsville Real Estate versus 65 last month, an increase of 9%. This month's total units sold was higher than at this time last year, an increase of 6% versus August 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 8 units or 6%. The total number of active inventory this August was 132 compared to 124 in August 2024. This month's total of 132 is lower than the previous month's total supply of available inventory of 156, a decrease of 15%.
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Median Sale Price
Last August, the median sale price for Mount Airy, New Market, and Ijamsville Homes was $685,000. This August, the median sale price was $650,000, a decrease of 5% or $35,000 compared to last year. The current median sold price is 2% 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.
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New Listings
58 |
Current Contracts
59 |
Sold Vs. List Price
99.9% |
Months of Supply
1.9 |
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Down -30%
Vs. Year Ago |
No Change
Vs. Year Ago |
Down -0.8%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In August, there was 1.9 months of supply available in Mount Airy, New Market, and Ijamsville. 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 58 homes newly listed for sale in Mount Airy, New Market, and Ijamsville compared to 83 in August 2024, a decrease of 30%. There were 59 current contracts pending sale this August, consistent with the volume a year ago. The number of current contracts is 8% lower than last month.
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Sale Price to List Price Ratio
In August, the average sale price in Mount Airy, New Market, and Ijamsville was 99.9% of the average list price, which is 0.8% lower than at this time last year.
Days on Market
This month, the average number of days on market was 23, higher than the average last year, which was 22, an increase of 5%.
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Mount Airy, New Market, and Ijamsville are defined as properties listed in zip code/s 21771, 21774, 21754 and 21770. |
*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. |