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FOCUS ON: QUEEN ANNE'S COUNTY HOUSING MARKET |
APRIL 2025 |
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Units Sold
66 |
Active Inventory
242 |
Median Sale Price
$592,495 |
Days On Market
41 |
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Down -4%
Vs. Year Ago |
Up 18%
Vs. Year Ago |
Up 10%
Vs. Year Ago |
Down -9%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in April, with 66 sold this month in Queen Anne's County Real Estate versus 65 last month, an increase of 2%. This month's total units sold was lower than at this time last year, a decrease of 4% versus April 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 37 units or 18%. The total number of active inventory this April was 242 compared to 205 in April 2024. This month's total of 242 is higher than the previous month's total supply of available inventory of 219, an increase of 11%.
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Median Sale Price
Last April, the median sale price for Queen Anne's County Homes was $540,000. This April, the median sale price was $592,495, an increase of 10% or $52,495 compared to last year. The current median sold price is 18% higher 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.
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New Listings
105 |
Current Contracts
64 |
Sold Vs. List Price
97.1% |
Months of Supply
3.7 |
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Down -11%
Vs. Year Ago |
Down -24%
Vs. Year Ago |
Down -2.6%
Vs. Year Ago |
Up 24%
Vs. Year Ago |
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Months of Supply
In April, there was 3.7 months of supply available in Queen Anne's County, compared to 3.0 in April 2024. That is an increase of 23% 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 105 homes newly listed for sale in Queen Anne's County compared to 118 in April 2024, a decrease of 11%. There were 64 current contracts pending sale this April compared to 84 a year ago. The number of current contracts is 24% lower than last April.
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Sale Price to List Price Ratio
In April, the average sale price in Queen Anne's County was 97.1% 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 41, lower than the average last year, which was 45, a decrease of 9%.
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*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. |