MOUNT AIRY, NEW MARKET, AND IJAMSVILLE HOUSING MARKET DATA

There was an increase in total units sold in May, with 70 sold this month in Mount Airy, New Market, and Ijamsville Real Estate versus 52 last month, an increase of 35%. This month's total units sold was lower than at this time last year, a decrease of 7% versus May 2024.

Versus last year, the total number of homes available this month is higher by 17 units or 15%. The total number of active inventory this May was 129 compared to 112 in May 2024. This month's total of 129 is lower than the previous month's total supply of available inventory of 145, a decrease of 11%.

Last May, the median sale price for Mount Airy, New Market, and Ijamsville Homes was $589,990. This May, the median sale price was $600,000, an increase of 2% or $10,010 compared to last year. The current median sold price is 1% lower 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.

In May, there was 1.8 months of supply available in Mount Airy, New Market, and Ijamsville, compared to 1.5 in May 2024. That is an increase of 23% 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 92 homes newly listed for sale in Mount Airy, New Market, and Ijamsville compared to 97 in May 2024, a decrease of 5%. There were 87 current contracts pending sale this May, consistent with the volume a year ago. The number of current contracts is 21% higher than last month.

In May, the average sale price in Mount Airy, New Market, and Ijamsville was 100.7% of the average list price, which is 0.7% lower than at this time last year.

This month, the average number of days on market was 13, lower than the average last year, which was 18, a decrease of 28%.





FOCUS ON: MOUNT AIRY, NEW MARKET, AND IJAMSVILLE HOUSING MARKET			MAY 2025

Zip Code(s): 21771, 21774, 21754 and 21770
Units Sold 70	Active Inventory 129	Median Sale Price $600,000	Days On Market 13

Down -7% Vs. Year Ago	Up 15% Vs. Year Ago	Up 2% Vs. Year Ago	Down -28% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 70 sold this month in Mount Airy, New Market, and Ijamsville Real Estate versus 52 last month, an increase of 35%. This month's total units sold was lower than at this time last year, a decrease of 7% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 17 units or 15%. The total number of active inventory this May was 129 compared to 112 in May 2024. This month's total of 129 is lower than the previous month's total supply of available inventory of 145, a decrease of 11%.
		Median Sale Price Last May, the median sale price for Mount Airy, New Market, and Ijamsville Homes was $589,990. This May, the median sale price was $600,000, an increase of 2% or $10,010 compared to last year. The current median sold price is 1% lower 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.



New Listings 92	Current Contracts 87	Sold Vs. List Price 100.7%	Months of Supply 1.8

Down -5% Vs. Year Ago	No Change Vs. Year Ago	Down -0.7% Vs. Year Ago	Up 23% Vs. Year Ago


		Months of Supply In May, there was 1.8 months of supply available in Mount Airy, New Market, and Ijamsville, compared to 1.5 in May 2024. That is an increase of 23% 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 92 homes newly listed for sale in Mount Airy, New Market, and Ijamsville compared to 97 in May 2024, a decrease of 5%. There were 87 current contracts pending sale this May, consistent with the volume a year ago. The number of current contracts is 21% higher than last month.
		Sale Price to List Price Ratio In May, the average sale price in Mount Airy, New Market, and Ijamsville was 100.7% of the average list price, which is 0.7% lower than at this time last year. Days on Market This month, the average number of days on market was 13, lower than the average last year, which was 18, a decrease of 28%.


	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.