MOUNT AIRY, NEW MARKET, AND IJAMSVILLE HOUSING MARKET DATA

There was an increase in total units sold in March, with 48 sold this month in Mount Airy, New Market, and Ijamsville Real Estate versus 38 last month, an increase of 26%. This month's total units sold was higher than at this time last year, an increase of 12% versus March 2024.

Versus last year, the total number of homes available this month is higher by 5 units or 5%. The total number of active inventory this March was 97 compared to 92 in March 2024. This month's total of 97 is lower than the previous month's total supply of available inventory of 102, a decrease of 5%.

Last March, the median sale price for Mount Airy, New Market, and Ijamsville Homes was $612,000. This March, the median sale price was $600,000, a decrease of 2% or $12,000 compared to last year. The current median sold price is 10% higher than in February.

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

In March, there was 2.0 months of supply available in Mount Airy, New Market, and Ijamsville, compared to 2.1 in March 2024. That is a decrease of 6% 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 67 homes newly listed for sale in Mount Airy, New Market, and Ijamsville compared to 83 in March 2024, a decrease of 19%. There were 58 current contracts pending sale this March compared to 64 a year ago. The number of current contracts is 9% lower than last March.

In March, the average sale price in Mount Airy, New Market, and Ijamsville was 101.2% of the average list price, which is 0.9% lower than at this time last year.

This month, the average number of days on market was 27, higher than the average last year, which was 8, an increase of 238%.





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

Zip Code(s): 21771, 21774, 21754 and 21770
Units Sold 48	Active Inventory 97	Median Sale Price $600,000	Days On Market 27

Up 12% Vs. Year Ago	Up 5% Vs. Year Ago	Down -2% Vs. Year Ago	Up 238% Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 48 sold this month in Mount Airy, New Market, and Ijamsville Real Estate versus 38 last month, an increase of 26%. This month's total units sold was higher than at this time last year, an increase of 12% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 5 units or 5%. The total number of active inventory this March was 97 compared to 92 in March 2024. This month's total of 97 is lower than the previous month's total supply of available inventory of 102, a decrease of 5%.
		Median Sale Price Last March, the median sale price for Mount Airy, New Market, and Ijamsville Homes was $612,000. This March, the median sale price was $600,000, a decrease of 2% or $12,000 compared to last year. The current median sold price is 10% higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 67	Current Contracts 58	Sold Vs. List Price 101.2%	Months of Supply 2.0

Down -19% Vs. Year Ago	Down -9% Vs. Year Ago	Down -0.9% Vs. Year Ago	Down -6% Vs. Year Ago


		Months of Supply In March, there was 2.0 months of supply available in Mount Airy, New Market, and Ijamsville, compared to 2.1 in March 2024. That is a decrease of 6% 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 67 homes newly listed for sale in Mount Airy, New Market, and Ijamsville compared to 83 in March 2024, a decrease of 19%. There were 58 current contracts pending sale this March compared to 64 a year ago. The number of current contracts is 9% lower than last March.
		Sale Price to List Price Ratio In March, the average sale price in Mount Airy, New Market, and Ijamsville was 101.2% of the average list price, which is 0.9% lower than at this time last year. Days on Market This month, the average number of days on market was 27, higher than the average last year, which was 8, an increase of 238%.


	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.