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FOCUS ON: PERRY HALL, NOTTINGHAM, AND NORTHEASTERN BALTIMORE COUNTY HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 21128, 21162, 21087, 21082, 21013, 21057, 21156, 21051 and 21236 |
Units Sold
70 |
Active Inventory
133 |
Median Sale Price
$405,500 |
Days On Market
20 |
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Down -3%
Vs. Year Ago |
Up 6%
Vs. Year Ago |
Up 4%
Vs. Year Ago |
Down -20%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 70 sold this month in Perry Hall, Nottingham, and Northeastern Baltimore County Real Estate versus 75 last month, a decrease of 7%. This month's total units sold was lower than at this time last year, a decrease of 3% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 8 units or 6%. The total number of active inventory this July was 133 compared to 125 in July 2024. This month's total of 133 is lower than the previous month's total supply of available inventory of 156, a decrease of 15%.
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Median Sale Price
Last July, the median sale price for Perry Hall, Nottingham, and Northeastern Baltimore County Homes was $390,000. This July, the median sale price was $405,500, an increase of 4% or $15,500 compared to last year. The current median sold price is 6% lower than in June.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
65 |
Current Contracts
70 |
Sold Vs. List Price
101.1% |
Months of Supply
1.9 |
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Down -26%
Vs. Year Ago |
Down -7%
Vs. Year Ago |
Down -2.1%
Vs. Year Ago |
Up 9%
Vs. Year Ago |
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Months of Supply
In July, there was 1.9 months of supply available in Perry Hall, Nottingham, and Northeastern Baltimore County, compared to 1.7 in July 2024. That is an increase of 9% 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.
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New Listings & Current Contracts
This month there were 65 homes newly listed for sale in Perry Hall, Nottingham, and Northeastern Baltimore County compared to 88 in July 2024, a decrease of 26%. There were 70 current contracts pending sale this July compared to 75 a year ago. The number of current contracts is 7% lower than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Perry Hall, Nottingham, and Northeastern Baltimore County was 101.1% of the average list price, which is 2.2% lower than at this time last year.
Days on Market
This month, the average number of days on market was 20, lower than the average last year, which was 25, a decrease of 20%.
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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. |