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| MAY 2025 | |||
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| Units Sold 87 |
Active Inventory 274 |
Median Sale Price $289,900 |
Days On Market 50 |
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| Down -19% Vs. Year Ago |
Up 22% Vs. Year Ago |
Up 14% Vs. Year Ago |
Up 28% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in May, with 87 sold this month in Wicomico County Real Estate versus 95 last month, a decrease of 8%. This month's total units sold was lower than at this time last year, a decrease of 19% versus May 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 49 units or 22%. The total number of active inventory this May was 274 compared to 225 in May 2024. This month's total of 274 is lower than the previous month's total supply of available inventory of 300, a decrease of 9%. |
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Median Sale Price
Last May, the median sale price for Wicomico County Homes was $255,000. This May, the median sale price was $289,900, an increase of 14% or $34,900 compared to last year. The current median sold price is 4% lower 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. |
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| New Listings 120 |
Current Contracts 114 |
Sold Vs. List Price 97.3% |
Months of Supply 3.1 |
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| Down -4% Vs. Year Ago |
Up 9% Vs. Year Ago |
Down -2.6% Vs. Year Ago |
Up 50% Vs. Year Ago |
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Months of Supply
In May, there was 3.1 months of supply available in Wicomico County, compared to 2.1 in May 2024. That is an increase of 50% 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 120 homes newly listed for sale in Wicomico County compared to 125 in May 2024, a decrease of 4%. There were 114 current contracts pending sale this May compared to 105 a year ago. The number of current contracts is 9% higher than last May. |
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Sale Price to List Price Ratio
In May, the average sale price in Wicomico County was 97.3% of the average list price, which is 2.6% lower than at this time last year. Days on Market
This month, the average number of days on market was 50, higher than the average last year, which was 39, an increase of 28%. | |||
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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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