SAINT MARY'S COUNTY HOUSING MARKET DATA

There was an increase in total units sold in May, with 128 sold this month in Saint Mary's County Real Estate versus 105 last month, an increase of 22%. This month's total units sold was lower than at this time last year, a decrease of 4% versus May 2024.

Versus last year, the total number of homes available this month is higher by 5 units or 2%. The total number of active inventory this May was 235 compared to 230 in May 2024. This month's total of 235 is lower than the previous month's total supply of available inventory of 266, a decrease of 12%.

Last May, the median sale price for Saint Mary's County Homes was $420,000. This May, the median sale price was $435,000, an increase of 4% or $15,000 compared to last year. The current median sold price is 6% higher than in April.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 1.8 months of supply available in Saint Mary's County, compared to 1.7 in May 2024. That is an increase of 6% 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 148 homes newly listed for sale in Saint Mary's County compared to 180 in May 2024, a decrease of 18%. There were 138 current contracts pending sale this May compared to 158 a year ago. The number of current contracts is 13% lower than last May.

In May, the average sale price in Saint Mary's County was 99.4% of the average list price, which is 0.6% lower than at this time last year.

This month, the average number of days on market was 20, higher than the average last year, which was 18, an increase of 11%.





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

Units Sold 128	Active Inventory 235	Median Sale Price $435,000	Days On Market 20

Down -4% Vs. Year Ago	Up 2% Vs. Year Ago	Up 4% Vs. Year Ago	Up 11% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 128 sold this month in Saint Mary's County Real Estate versus 105 last month, an increase of 22%. This month's total units sold was lower than at this time last year, a decrease of 4% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 5 units or 2%. The total number of active inventory this May was 235 compared to 230 in May 2024. This month's total of 235 is lower than the previous month's total supply of available inventory of 266, a decrease of 12%.
		Median Sale Price Last May, the median sale price for Saint Mary's County Homes was $420,000. This May, the median sale price was $435,000, an increase of 4% or $15,000 compared to last year. The current median sold price is 6% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 148	Current Contracts 138	Sold Vs. List Price 99.4%	Months of Supply 1.8

Down -18% Vs. Year Ago	Down -13% Vs. Year Ago	Down -0.6% Vs. Year Ago	Up 6% Vs. Year Ago


		Months of Supply In May, there was 1.8 months of supply available in Saint Mary's County, compared to 1.7 in May 2024. That is an increase of 6% 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 148 homes newly listed for sale in Saint Mary's County compared to 180 in May 2024, a decrease of 18%. There were 138 current contracts pending sale this May compared to 158 a year ago. The number of current contracts is 13% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Saint Mary's County was 99.4% of the average list price, which is 0.6% lower than at this time last year. Days on Market This month, the average number of days on market was 20, higher than the average last year, which was 18, an increase of 11%.



	*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.