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| JUNE 2025 | |||
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| Zip Code(s): 21784 | |||
| Units Sold 57 |
Active Inventory 67 |
Median Sale Price $525,000 |
Days On Market 18 |
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| Up Vs. Year Ago |
Up 16% Vs. Year Ago |
Down -11% Vs. Year Ago |
Up 80% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 57 sold this month in Sykesville Real Estate. This month's total units sold was higher than at this time last year. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 9 units or 16%. The total number of active inventory this June was 67 compared to 58 in June 2024. This month's total of 67 is lower than the previous month's total supply of available inventory of 88, a decrease of 24%. |
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Median Sale Price
Last June, the median sale price for Sykesville Homes was $588,630. This June, the median sale price was $525,000, a decrease of 11% or $63,630 compared to last year. The current median sold price is 15% lower 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. |
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| New Listings 40 |
Current Contracts 52 |
Sold Vs. List Price 101.9% |
Months of Supply 1.2 |
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| Down -42% Vs. Year Ago |
Down -9% Vs. Year Ago |
No Change Vs. Year Ago |
Down -27% Vs. Year Ago |
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Months of Supply
In June, there was 1.2 months of supply available in Sykesville, compared to 1.6 in June 2024. That is a decrease of 27% 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 40 homes newly listed for sale in Sykesville compared to 69 in June 2024, a decrease of 42%. There were 52 current contracts pending sale this June compared to 57 a year ago. The number of current contracts is 9% lower than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Sykesville was 101.9% 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 18, higher than the average last year, which was 10, an increase of 80%. | |||
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Sykesville are defined as properties listed in zip code/s 21784. | ||
| *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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