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| AUGUST 2025 | |||
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| Units Sold 65 |
Active Inventory 227 |
Median Sale Price $579,000 |
Days On Market 92 |
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| Up 10% Vs. Year Ago |
Up 18% Vs. Year Ago |
Up 29% Vs. Year Ago |
Up 77% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in August, with 65 sold this month in Talbot County 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 35 units or 18%. The total number of active inventory this August was 227 compared to 192 in August 2024. This month's total of 227 is lower than the previous month's total supply of available inventory of 256, a decrease of 11%. |
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Median Sale Price
Last August, the median sale price for Talbot County Homes was $450,000. This August, the median sale price was $579,000, an increase of $129,000 compared to last year. The current median sold price is higher than in July. 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 57 |
Current Contracts 66 |
Sold Vs. List Price 91.8% |
Months of Supply 3.5 |
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| Down -14% Vs. Year Ago |
Up 43% Vs. Year Ago |
Down Vs. Year Ago |
Up 7% Vs. Year Ago |
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Months of Supply
In August, there was 3.5 months of supply available in Talbot County, compared to 3.3 in August 2024. That is an increase of 7% 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 57 homes newly listed for sale in Talbot County compared to 66 in August 2024, a decrease of 14%. There were 66 current contracts pending sale this August compared to 46 a year ago. The number of current contracts is 43% higher than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Talbot County was 91.8% of the average list price, which is lower than at this time last year. Days on Market
This month, the average number of days on market was 92, higher than the average last year, which was 52, an increase of 77%. | |||
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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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