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FOCUS ON: PERRY HALL, NOTTINGHAM, AND NORTHEASTERN BALTIMORE COUNTY HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 21128, 21162, 21087, 21082, 21013, 21057, 21156, 21051 and 21236 |
Units Sold
72 |
Active Inventory
134 |
Median Sale Price
$427,500 |
Days On Market
31 |
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Down -12%
Vs. Year Ago |
Up 2%
Vs. Year Ago |
Up 4%
Vs. Year Ago |
Up 94%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 72 sold this month in Perry Hall, Nottingham, and Northeastern Baltimore County Real Estate versus 68 last month, an increase of 6%. This month's total units sold was lower than at this time last year, a decrease of 12% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 3 units or 2%. The total number of active inventory this June was 134 compared to 131 in June 2024. This month's total of 134 is lower than the previous month's total supply of available inventory of 138, a decrease of 3%.
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Median Sale Price
Last June, the median sale price for Perry Hall, Nottingham, and Northeastern Baltimore County Homes was $412,500. This June, the median sale price was $427,500, an increase of 4% or $15,000 compared to last year. The current median sold price is 5% lower than in May.
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
75 |
Current Contracts
69 |
Sold Vs. List Price
99.7% |
Months of Supply
1.9 |
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Down -15%
Vs. Year Ago |
No Change
Vs. Year Ago |
Down -2.5%
Vs. Year Ago |
Up 16%
Vs. Year Ago |
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Months of Supply
In June, there was 1.9 months of supply available in Perry Hall, Nottingham, and Northeastern Baltimore County, compared to 1.6 in June 2024. That is an increase of 16% 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 75 homes newly listed for sale in Perry Hall, Nottingham, and Northeastern Baltimore County compared to 88 in June 2024, a decrease of 15%. There were 69 current contracts pending sale this June, consistent with the volume a year ago. The number of current contracts is 5% lower than last month.
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Sale Price to List Price Ratio
In June, the average sale price in Perry Hall, Nottingham, and Northeastern Baltimore County was 99.7% of the average list price, which is 2.6% lower than at this time last year.
Days on Market
This month, the average number of days on market was 31, higher than the average last year, which was 16, an increase of 94%.
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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. |