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| JULY 2025 | |||
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| Units Sold 126 |
Active Inventory 265 |
Median Sale Price $449,950 |
Days On Market 24 |
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| Down -5% Vs. Year Ago |
Up 12% Vs. Year Ago |
Up 6% Vs. Year Ago |
Up 4% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 126 sold this month in Saint Mary's County Real Estate versus 133 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 5% 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 265 compared to 237 in July 2024. This month's total of 265 is lower than the previous month's total supply of available inventory of 287, a decrease of 8%. |
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Median Sale Price
Last July, the median sale price for Saint Mary's County Homes was $425,000. This July, the median sale price was $449,950, an increase of 6% or $24,950 compared to last year. The current median sold price is 1% higher 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 154 |
Current Contracts 128 |
Sold Vs. List Price 100.3% |
Months of Supply 2.1 |
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| Down -1% Vs. Year Ago |
Up 1% Vs. Year Ago |
No Change Vs. Year Ago |
Up 18% Vs. Year Ago |
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Months of Supply
In July, there was 2.1 months of supply available in Saint Mary's County, compared to 1.8 in July 2024. That is an increase of 18% 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 154 homes newly listed for sale in Saint Mary's County compared to 156 in July 2024, a decrease of 1%. There were 128 current contracts pending sale this July compared to 127 a year ago. The number of current contracts is 1% higher than last July. |
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Sale Price to List Price Ratio
In July, the average sale price in Saint Mary's County was 100.3% 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 24, higher than the average last year, which was 23, an increase of 4%. | |||
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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. |
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