 |
|
 |
|
FOCUS ON: ADAMS COUNTY HOUSING MARKET |
MAY 2025 |
|
Units Sold
93 |
Active Inventory
229 |
Median Sale Price
$340,000 |
Days On Market
34 |
|
|
|
|
Up 9%
Vs. Year Ago |
Up 22%
Vs. Year Ago |
Down -3%
Vs. Year Ago |
Up 17%
Vs. Year Ago |
|
|
|
Units Sold
There was an increase in total units sold in May, with 93 sold this month in Adams County Real Estate versus 73 last month, an increase of 27%. This month's total units sold was higher than at this time last year, an increase of 9% versus May 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is higher by 42 units or 22%. The total number of active inventory this May was 229 compared to 187 in May 2024. This month's total of 229 is lower than the previous month's total supply of available inventory of 244, a decrease of 6%.
|
|
|
Median Sale Price
Last May, the median sale price for Adams County Homes was $350,000. This May, the median sale price was $340,000, a decrease of 3% or $10,000 compared to last year. The current median sold price is 5% 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.
|
|
|
|
New Listings
129 |
Current Contracts
124 |
Sold Vs. List Price
100.3% |
Months of Supply
2.5 |
|
|
|
|
Up 2%
Vs. Year Ago |
Up 28%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 12%
Vs. Year Ago |
|
|
|
Months of Supply
In May, there was 2.5 months of supply available in Adams County, compared to 2.2 in May 2024. That is an increase of 12% 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 129 homes newly listed for sale in Adams County compared to 127 in May 2024, an increase of 2%. There were 124 current contracts pending sale this May compared to 97 a year ago. The number of current contracts is 28% higher than last May.
|
|
|
Sale Price to List Price Ratio
In May, the average sale price in Adams County was 100.3% 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 34, higher than the average last year, which was 29, an increase of 17%.
|
|
|
 |
*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. |