PARKVILLE HOUSING MARKET DATA

There was an increase in total units sold in May, with 76 sold this month in Parkville Real Estate versus 59 last month, an increase of 29%. This month's total units sold was higher than at this time last year, an increase of 17% versus May 2024.

Versus last year, the total number of homes available this month is lower by 29 units or 24%. The total number of active inventory this May was 90 compared to 119 in May 2024. This month's total of 90 is lower than the previous month's total supply of available inventory of 119, a decrease of 24%.

Last May, the median sale price for Parkville Homes was $325,000. This May, the median sale price was approximately the same at $332,500. The current median sold price is 2% higher than in May 2024.

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 1.2 months of supply available in Parkville, compared to 1.8 in May 2024. That is a decrease of 35% 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 69 homes newly listed for sale in Parkville compared to 108 in May 2024, a decrease of 36%. There were 78 current contracts pending sale this May compared to 71 a year ago. The number of current contracts is 10% higher than last May.

In May, the average sale price in Parkville was 101.0% of the average list price, which is 1.8% lower than at this time last year.

This month, the average number of days on market was 24, higher than the average last year, which was 16, an increase of 50%.





FOCUS ON: PARKVILLE HOUSING MARKET			MAY 2025

Zip Code(s): 21234
Units Sold 76	Active Inventory 90	Median Sale Price $332,500	Days On Market 24

Up 17% Vs. Year Ago	Down -24% Vs. Year Ago	Up 2% Vs. Year Ago	Up 50% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 76 sold this month in Parkville Real Estate versus 59 last month, an increase of 29%. This month's total units sold was higher than at this time last year, an increase of 17% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 29 units or 24%. The total number of active inventory this May was 90 compared to 119 in May 2024. This month's total of 90 is lower than the previous month's total supply of available inventory of 119, a decrease of 24%.
		Median Sale Price Last May, the median sale price for Parkville Homes was $325,000. This May, the median sale price was approximately the same at $332,500. The current median sold price is 2% higher than in May 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 69	Current Contracts 78	Sold Vs. List Price 101.0%	Months of Supply 1.2

Down -36% Vs. Year Ago	Up 10% Vs. Year Ago	Down -1.8% Vs. Year Ago	Down -36% Vs. Year Ago


		Months of Supply In May, there was 1.2 months of supply available in Parkville, compared to 1.8 in May 2024. That is a decrease of 35% 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 69 homes newly listed for sale in Parkville compared to 108 in May 2024, a decrease of 36%. There were 78 current contracts pending sale this May compared to 71 a year ago. The number of current contracts is 10% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Parkville was 101.0% of the average list price, which is 1.8% lower than at this time last year. Days on Market This month, the average number of days on market was 24, higher than the average last year, which was 16, an increase of 50%.


	Parkville are defined as properties listed in zip code/s 21234.
	*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.