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| JUNE 2025 | |||
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| Units Sold 390 |
Active Inventory 432 |
Median Sale Price $667,750 |
Days On Market 15 |
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| Up 4% Vs. Year Ago |
Up 7% Vs. Year Ago |
No Change Vs. Year Ago |
No Change Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 390 sold this month in Howard County Real Estate versus 357 last month, an increase of 9%. This month's total units sold was higher than at this time last year, an increase of 4% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 27 units or 7%. The total number of active inventory this June was 432 compared to 405 in June 2024. This month's total of 432 is lower than the previous month's total supply of available inventory of 559, a decrease of 23%. |
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Median Sale Price
Last June, the median sale price for Howard County Homes was $670,000. This June, the median sale price was $667,750, which is similar compared to a year ago. The current median sold price is 11% 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 307 |
Current Contracts 361 |
Sold Vs. List Price 101.1% |
Months of Supply 1.1 |
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| Down -22% Vs. Year Ago |
Up 8% Vs. Year Ago |
Down -1.3% Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In June, there was 1.1 months of supply available in Howard County. The amount of supply is similar compared to 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 307 homes newly listed for sale in Howard County compared to 396 in June 2024, a decrease of 22%. There were 361 current contracts pending sale this June compared to 334 a year ago. The number of current contracts is 8% higher than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Howard County was 101.1% of the average list price, which is 1.3% lower than at this time last year. Days on Market
This month, the average number of days on market was 15, which is similar compared to a year ago. | |||
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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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