WALDORF, ST. CHARLES, AND WHITE PLAINS HOUSING MARKET DATA

There was a decrease in total units sold in May, with 111 sold this month in Waldorf, St. Charles, and White Plains Real Estate versus 117 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 24% versus May 2024.

Versus last year, the total number of homes available this month is higher by 99 units or 58%. The total number of active inventory this May was 271 compared to 172 in May 2024. This month's total of 271 is lower than the previous month's total supply of available inventory of 294, a decrease of 8%.

Last May, the median sale price for Waldorf, St. Charles, and White Plains Homes was $436,000. This May, the median sale price was $449,900, an increase of 3% or $13,900 compared to last year. The current median sold price is 5% 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 2.4 months of supply available in Waldorf, St. Charles, and White Plains, compared to 1.2 in May 2024. That is an increase of 107% 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 177 homes newly listed for sale in Waldorf, St. Charles, and White Plains compared to 156 in May 2024, an increase of 13%. There were 137 current contracts pending sale this May compared to 138 a year ago. The number of current contracts is 1% lower than last May.

In May, the average sale price in Waldorf, St. Charles, and White Plains was 101.1% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 23, higher than the average last year, which was 21, an increase of 10%.





FOCUS ON: WALDORF, ST. CHARLES, AND WHITE PLAINS HOUSING MARKET			MAY 2025

Zip Code(s): 20603, 20602, 20601, 20695 and 20604
Units Sold 111	Active Inventory 271	Median Sale Price $449,900	Days On Market 23

Down -24% Vs. Year Ago	Up 58% Vs. Year Ago	Up 3% Vs. Year Ago	Up 10% Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 111 sold this month in Waldorf, St. Charles, and White Plains Real Estate versus 117 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 24% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 99 units or 58%. The total number of active inventory this May was 271 compared to 172 in May 2024. This month's total of 271 is lower than the previous month's total supply of available inventory of 294, a decrease of 8%.
		Median Sale Price Last May, the median sale price for Waldorf, St. Charles, and White Plains Homes was $436,000. This May, the median sale price was $449,900, an increase of 3% or $13,900 compared to last year. The current median sold price is 5% 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 177	Current Contracts 137	Sold Vs. List Price 101.1%	Months of Supply 2.4

Up 13% Vs. Year Ago	Down -1% Vs. Year Ago	No Change Vs. Year Ago	Up 107% Vs. Year Ago


		Months of Supply In May, there was 2.4 months of supply available in Waldorf, St. Charles, and White Plains, compared to 1.2 in May 2024. That is an increase of 107% 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 177 homes newly listed for sale in Waldorf, St. Charles, and White Plains compared to 156 in May 2024, an increase of 13%. There were 137 current contracts pending sale this May compared to 138 a year ago. The number of current contracts is 1% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Waldorf, St. Charles, and White Plains was 101.1% 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 23, higher than the average last year, which was 21, an increase of 10%.


	Waldorf, St. Charles, and White Plains are defined as properties listed in zip code/s 20603, 20602, 20601, 20695 and 20604.
	*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.