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| JUNE 2025 | |||
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| Units Sold 51 |
Active Inventory 247 |
Median Sale Price $482,500 |
Days On Market 65 |
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| Down -11% Vs. Year Ago |
Up 20% Vs. Year Ago |
Down -5% Vs. Year Ago |
Up 132% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 51 sold this month in Talbot County Real Estate versus 49 last month, an increase of 4%. This month's total units sold was lower than at this time last year, a decrease of 11% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 41 units or 20%. The total number of active inventory this June was 247 compared to 206 in June 2024. This month's total of 247 is lower than the previous month's total supply of available inventory of 259, a decrease of 5%. |
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Median Sale Price
Last June, the median sale price for Talbot County Homes was $509,000. This June, the median sale price was $482,500, a decrease of 5% or $26,500 compared to last year. The current median sold price is 12% 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 68 |
Current Contracts 56 |
Sold Vs. List Price 94.8% |
Months of Supply 4.8 |
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| Down -22% Vs. Year Ago |
Down -2% Vs. Year Ago |
Up 0.6% Vs. Year Ago |
Up 34% Vs. Year Ago |
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Months of Supply
In June, there was 4.8 months of supply available in Talbot County, compared to 3.6 in June 2024. That is an increase of 34% 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 68 homes newly listed for sale in Talbot County compared to 87 in June 2024, a decrease of 22%. There were 56 current contracts pending sale this June compared to 57 a year ago. The number of current contracts is 2% lower than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Talbot County was 94.8% 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 65, higher than the average last year, which was 28, an increase of 132%. | |||
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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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