ODENTON AND FORT MEADE HOUSING MARKET DATA

There was an increase in total units sold in April, with 45 sold this month in Odenton and Fort Meade Real Estate. This month's total units sold was lower than at this time last year.

Versus last year, the total number of homes available this month is higher by 10 units or 25%. The total number of active inventory this April was 50 compared to 40 in April 2024. This month's total of 50 is lower than the previous month's total supply of available inventory of 64, a decrease of 22%.

Last April, the median sale price for Odenton and Fort Meade Homes was $456,000. This April, the median sale price was $447,000, a decrease of 2% or $9,000 compared to last year. The current median sold price is 3% lower than in March.

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

In April, there was 1.1 months of supply available in Odenton and Fort Meade, compared to 0.8 in April 2024. That is an increase of 33% 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 47 homes newly listed for sale in Odenton and Fort Meade compared to 54 in April 2024, a decrease of 13%. There were 53 current contracts pending sale this April compared to 48 a year ago. The number of current contracts is 10% higher than last April.

In April, the average sale price in Odenton and Fort Meade was 101.3% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 17, lower than the average last year, which was 18, a decrease of 6%.





FOCUS ON: ODENTON AND FORT MEADE HOUSING MARKET			APRIL 2025

Zip Code(s): 21113 and 20755
Units Sold 45	Active Inventory 50	Median Sale Price $447,000	Days On Market 17

Down -6% Vs. Year Ago	Up 25% Vs. Year Ago	Down -2% Vs. Year Ago	Down -6% Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 45 sold this month in Odenton and Fort Meade Real Estate. This month's total units sold was lower than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is higher by 10 units or 25%. The total number of active inventory this April was 50 compared to 40 in April 2024. This month's total of 50 is lower than the previous month's total supply of available inventory of 64, a decrease of 22%.
		Median Sale Price Last April, the median sale price for Odenton and Fort Meade Homes was $456,000. This April, the median sale price was $447,000, a decrease of 2% or $9,000 compared to last year. The current median sold price is 3% lower than in March. 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 101.3%	Months of Supply 1.1

Down -13% Vs. Year Ago	Up 10% Vs. Year Ago	No Change Vs. Year Ago	Up 34% Vs. Year Ago


		Months of Supply In April, there was 1.1 months of supply available in Odenton and Fort Meade, compared to 0.8 in April 2024. That is an increase of 33% 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 Odenton and Fort Meade compared to 54 in April 2024, a decrease of 13%. There were 53 current contracts pending sale this April compared to 48 a year ago. The number of current contracts is 10% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Odenton and Fort Meade was 101.3% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 17, lower than the average last year, which was 18, a decrease of 6%.


	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.