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FOCUS ON: QUEEN ANNE'S COUNTY HOUSING MARKET |
JULY 2025 |
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Units Sold
74 |
Active Inventory
262 |
Median Sale Price
$497,500 |
Days On Market
26 |
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Up 3%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
Down -7%
Vs. Year Ago |
Down -21%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 74 sold this month in Queen Anne's County Real Estate versus 80 last month, a decrease of 8%. This month's total units sold was higher than at this time last year, an increase 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 28 units or 12%. The total number of active inventory this July was 262 compared to 234 in July 2024. This month's total of 262 is lower than the previous month's total supply of available inventory of 281, a decrease of 7%.
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Median Sale Price
Last July, the median sale price for Queen Anne's County Homes was $536,550. This July, the median sale price was $497,500, a decrease of 7% or $39,050 compared to last year. The current median sold price is 8% 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
99 |
Current Contracts
85 |
Sold Vs. List Price
97.9% |
Months of Supply
3.5 |
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Down -26%
Vs. Year Ago |
Up 5%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 9%
Vs. Year Ago |
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Months of Supply
In July, there was 3.5 months of supply available in Queen Anne's County, compared to 3.3 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 99 homes newly listed for sale in Queen Anne's County compared to 134 in July 2024, a decrease of 26%. There were 85 current contracts pending sale this July compared to 81 a year ago. The number of current contracts is 5% higher than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Queen Anne's County was 97.9% 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 26, lower than the average last year, which was 33, a decrease of 21%.
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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. |