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| JULY 2025 | |||
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| Units Sold 90 |
Active Inventory 333 |
Median Sale Price $285,000 |
Days On Market 39 |
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| Down -20% Vs. Year Ago |
Up 38% Vs. Year Ago |
Up 7% Vs. Year Ago |
Up 11% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 90 sold this month in Wicomico County Real Estate versus 93 last month, a decrease of 3%. This month's total units sold was lower than at this time last year, a decrease of 20% versus July 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 91 units or 38%. The total number of active inventory this July was 333 compared to 242 in July 2024. This month's total of 333 is higher than the previous month's total supply of available inventory of 325, an increase of 2%. |
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Median Sale Price
Last July, the median sale price for Wicomico County Homes was $267,500. This July, the median sale price was $285,000, an increase of 7% or $17,500 compared to last year. The current median sold price is 2% higher than in June. 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 125 |
Current Contracts 88 |
Sold Vs. List Price 99.5% |
Months of Supply 3.7 |
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| Up 9% Vs. Year Ago |
Down -5% Vs. Year Ago |
Up 1% Vs. Year Ago |
Up 71% Vs. Year Ago |
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Months of Supply
In July, there was 3.7 months of supply available in Wicomico County, compared to 2.2 in July 2024. That is an increase of 71% 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 125 homes newly listed for sale in Wicomico County compared to 115 in July 2024, an increase of 9%. There were 88 current contracts pending sale this July compared to 93 a year ago. The number of current contracts is 5% lower than last July. |
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Sale Price to List Price Ratio
In July, the average sale price in Wicomico County was 99.5% of the average list price, which is 1.0% higher than at this time last year. Days on Market
This month, the average number of days on market was 39, higher than the average last year, which was 35, an increase of 11%. | |||
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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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