PERRY HALL, NOTTINGHAM, AND NORTHEASTERN BALTIMORE COUNTY HOUSING MARKET DATA

There was a decrease in total units sold in May, with 67 sold this month in Perry Hall, Nottingham, and Northeastern Baltimore County Real Estate versus 69 last month, a decrease of 3%. This month's total units sold was lower than at this time last year, a decrease of 15% versus May 2024.

Versus last year, the total number of homes available this month is lower by 22 units or 17%. The total number of active inventory this May was 106 compared to 128 in May 2024. This month's total of 106 is lower than the previous month's total supply of available inventory of 130, a decrease of 18%.

Last May, the median sale price for Perry Hall, Nottingham, and Northeastern Baltimore County Homes was $357,500. This May, the median sale price was $444,100, an increase of 24% or $86,600 compared to last year. The current median sold price is 14% higher 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 1.6 months of supply available in Perry Hall, Nottingham, and Northeastern Baltimore County. The amount of supply is similar compared to 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 71 homes newly listed for sale in Perry Hall, Nottingham, and Northeastern Baltimore County compared to 101 in May 2024, a decrease of 30%. There were 76 current contracts pending sale this May, consistent with the volume a year ago. The number of current contracts is 6% higher than last month.

In May, the average sale price in Perry Hall, Nottingham, and Northeastern Baltimore County was 101.5% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 19, higher than the average last year, which was 16, an increase of 19%.





FOCUS ON: PERRY HALL, NOTTINGHAM, AND NORTHEASTERN BALTIMORE COUNTY HOUSING MARKET			MAY 2025

Zip Code(s): 21128, 21162, 21087, 21082, 21013, 21057, 21156, 21051 and 21236
Units Sold 67	Active Inventory 106	Median Sale Price $444,100	Days On Market 19

Down -15% Vs. Year Ago	Down -17% Vs. Year Ago	Up 24% Vs. Year Ago	Up 19% Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 67 sold this month in Perry Hall, Nottingham, and Northeastern Baltimore County Real Estate versus 69 last month, a decrease of 3%. This month's total units sold was lower than at this time last year, a decrease of 15% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 22 units or 17%. The total number of active inventory this May was 106 compared to 128 in May 2024. This month's total of 106 is lower than the previous month's total supply of available inventory of 130, a decrease of 18%.
		Median Sale Price Last May, the median sale price for Perry Hall, Nottingham, and Northeastern Baltimore County Homes was $357,500. This May, the median sale price was $444,100, an increase of 24% or $86,600 compared to last year. The current median sold price is 14% higher 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 71	Current Contracts 76	Sold Vs. List Price 101.5%	Months of Supply 1.6

Down -30% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In May, there was 1.6 months of supply available in Perry Hall, Nottingham, and Northeastern Baltimore County. The amount of supply is similar compared to 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 71 homes newly listed for sale in Perry Hall, Nottingham, and Northeastern Baltimore County compared to 101 in May 2024, a decrease of 30%. There were 76 current contracts pending sale this May, consistent with the volume a year ago. The number of current contracts is 6% higher than last month.
		Sale Price to List Price Ratio In May, the average sale price in Perry Hall, Nottingham, and Northeastern Baltimore County was 101.5% 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 19, higher than the average last year, which was 16, an increase of 19%.


	Perry Hall, Nottingham, and Northeastern Baltimore County are defined as properties listed in zip code/s 21128, 21162, 21087, 21082, 21013, 21057, 21156, 21051 and 21236.
	*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.