ODENTON AND FORT MEADE HOUSING MARKET DATA

The number of units sold remained stable in March, with 30 sold this month in Odenton and Fort Meade Real Estate. This month's total units sold was lower than at this time last year, a decrease of 5% versus March 2024.

Versus last year, the total number of homes available this month is higher by 5 units or 13%. The total number of active inventory this March was 43 compared to 38 in March 2024. This month's total of 43 is lower than the previous month's total supply of available inventory of 51, a decrease of 16%.

Last March, the median sale price for Odenton and Fort Meade Homes was $485,000. This March, the median sale price was $446,000, a decrease of 8% or $39,000 compared to last year. The current median sold price is 5% lower 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 1.4 months of supply available in Odenton and Fort Meade, compared to 1.2 in March 2024. That is an increase of 24% 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 41 homes newly listed for sale in Odenton and Fort Meade compared to 39 in March 2024, an increase of 5%. There were 44 current contracts pending sale this March compared to 38 a year ago. The number of current contracts is 16% higher than last March.

In March, the average sale price in Odenton and Fort Meade was 100.1% of the average list price, which is 1.5% lower than at this time last year.

This month, the average number of days on market was 22, higher than the average last year, which was 17, an increase of 29%.





FOCUS ON: ODENTON AND FORT MEADE HOUSING MARKET			MARCH 2025

Zip Code(s): 21113 and 20755
Units Sold 30	Active Inventory 43	Median Sale Price $446,000	Days On Market 22

Down -9% Vs. Year Ago	Up 13% Vs. Year Ago	Down -8% Vs. Year Ago	Up 29% Vs. Year Ago


		Units Sold The number of units sold remained stable in March, with 30 sold this month in Odenton and Fort Meade Real Estate. This month's total units sold was lower than at this time last year, a decrease of 5% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 5 units or 13%. The total number of active inventory this March was 43 compared to 38 in March 2024. This month's total of 43 is lower than the previous month's total supply of available inventory of 51, a decrease of 16%.
		Median Sale Price Last March, the median sale price for Odenton and Fort Meade Homes was $485,000. This March, the median sale price was $446,000, a decrease of 8% or $39,000 compared to last year. The current median sold price is 5% lower 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 41	Current Contracts 44	Sold Vs. List Price 100.1%	Months of Supply 1.4

Up 5% Vs. Year Ago	Up 16% Vs. Year Ago	Down -1.5% Vs. Year Ago	Up 24% Vs. Year Ago


		Months of Supply In March, there was 1.4 months of supply available in Odenton and Fort Meade, compared to 1.2 in March 2024. That is an increase of 24% 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 41 homes newly listed for sale in Odenton and Fort Meade compared to 39 in March 2024, an increase of 5%. There were 44 current contracts pending sale this March compared to 38 a year ago. The number of current contracts is 16% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Odenton and Fort Meade was 100.1% of the average list price, which is 1.5% lower than at this time last year. Days on Market This month, the average number of days on market was 22, higher than the average last year, which was 17, an increase of 29%.


	Odenton and Fort Meade are defined as properties listed in zip code/s 21113 and 20755.
	*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.