SAINT MARY'S COUNTY HOUSING MARKET DATA

There was an increase in total units sold in April, with 104 sold this month in Saint Mary's County Real Estate versus 79 last month, an increase of 32%. This month's total units sold was lower than at this time last year, a decrease of 18% versus April 2024.

Versus last year, the total number of homes available this month is lower by 13 units or 6%. The total number of active inventory this April was 215 compared to 228 in April 2024. This month's total of 215 is lower than the previous month's total supply of available inventory of 229, a decrease of 6%.

Last April, the median sale price for Saint Mary's County Homes was $410,000. This April, the median sale price was $410,000, which is similar compared to a year ago. The current median sold price is 2% 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.

In April, there was 2.1 months of supply available in Saint Mary's County, compared to 1.8 in April 2024. That is an increase of 15% 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.

This month there were 143 homes newly listed for sale in Saint Mary's County compared to 191 in April 2024, a decrease of 25%. There were 129 current contracts pending sale this April compared to 128 a year ago. The number of current contracts is 1% higher than last April.

In April, the average sale price in Saint Mary's County was 100.2% of the average list price, which is 0.6% higher than at this time last year.

This month, the average number of days on market was 29, higher than the average last year, which was 23, an increase of 26%.





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

Units Sold 104	Active Inventory 215	Median Sale Price $410,000	Days On Market 29

Down -18% Vs. Year Ago	Down -6% Vs. Year Ago	No Change Vs. Year Ago	Up 26% Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 104 sold this month in Saint Mary's County Real Estate versus 79 last month, an increase of 32%. This month's total units sold was lower than at this time last year, a decrease of 18% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 13 units or 6%. The total number of active inventory this April was 215 compared to 228 in April 2024. This month's total of 215 is lower than the previous month's total supply of available inventory of 229, a decrease of 6%.
		Median Sale Price Last April, the median sale price for Saint Mary's County Homes was $410,000. This April, the median sale price was $410,000, which is similar compared to a year ago. The current median sold price is 2% 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.



New Listings 143	Current Contracts 129	Sold Vs. List Price 100.2%	Months of Supply 2.1

Down -25% Vs. Year Ago	Up 1% Vs. Year Ago	Up 0.6% Vs. Year Ago	Up 15% Vs. Year Ago


		Months of Supply In April, there was 2.1 months of supply available in Saint Mary's County, compared to 1.8 in April 2024. That is an increase of 15% 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 143 homes newly listed for sale in Saint Mary's County compared to 191 in April 2024, a decrease of 25%. There were 129 current contracts pending sale this April compared to 128 a year ago. The number of current contracts is 1% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Saint Mary's County was 100.2% of the average list price, which is 0.6% higher than at this time last year. Days on Market This month, the average number of days on market was 29, higher than the average last year, which was 23, an increase of 26%.



	*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.