The Long & Foster Market Minute

FOCUS ON: SAINT MARY'S COUNTY HOUSING MARKET JUNE 2025

Units Sold
131
Active Inventory
240
Median Sale Price
$445,000
Days On Market
19
Down -11%
Vs. Year Ago
Up 4%
Vs. Year Ago
Up 11%
Vs. Year Ago
Down -27%
Vs. Year Ago

Units Sold
There was an increase in total units sold in June, with 131 sold this month in Saint Mary's County Real Estate versus 130 last month, an increase of 1%. This month's total units sold was lower than at this time last year, a decrease of 11% versus June 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 9 units or 4%. The total number of active inventory this June was 240 compared to 231 in June 2024. This month's total of 240 is lower than the previous month's total supply of available inventory of 269, a decrease of 11%.

Median Sale Price
Last June, the median sale price for Saint Mary's County Homes was $399,900. This June, the median sale price was $445,000, an increase of 11% or $45,100 compared to last year. The current median sold price is 2% higher 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.


New Listings
152
Current Contracts
140
Sold Vs. List Price
100.5%
Months of Supply
1.8
Up 2%
Vs. Year Ago
Up 12%
Vs. Year Ago
Up 1%
Vs. Year Ago
Up 17%
Vs. Year Ago

Months of Supply
In June, there was 1.8 months of supply available in Saint Mary's County, compared to 1.6 in June 2024. That is an increase of 17% 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.

New Listings & Current Contracts
This month there were 152 homes newly listed for sale in Saint Mary's County compared to 149 in June 2024, an increase of 2%. There were 140 current contracts pending sale this June compared to 125 a year ago. The number of current contracts is 12% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Saint Mary's County was 100.5% of the average list price, which is 1.0% higher than at this time last year.

Days on Market
This month, the average number of days on market was 19, lower than the average last year, which was 26, a decrease of 27%.

The Long & Foster Market Minute
*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.
REALTOR, Equal Opportunity HousingInformation 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.