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FOCUS ON: CAROLINE COUNTY HOUSING MARKET |
JUNE 2025 |
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Units Sold
45 |
Active Inventory
86 |
Median Sale Price
$333,000 |
Days On Market
38 |
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Down -6%
Vs. Year Ago |
Down -3%
Vs. Year Ago |
Down -8%
Vs. Year Ago |
Up 27%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 45 sold this month in Caroline County Real Estate versus 44 last month, an increase of 2%. This month's total units sold was lower than at this time last year, a decrease of 6% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 3 units or 3%. The total number of active inventory this June was 86 compared to 89 in June 2024. This month's total of 86 is lower than the previous month's total supply of available inventory of 91, a decrease of 5%.
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Median Sale Price
Last June, the median sale price for Caroline County Homes was $363,725. This June, the median sale price was $333,000, a decrease of 8% or $30,725 compared to last year. The current median sold price is 10% 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
66 |
Current Contracts
50 |
Sold Vs. List Price
99.7% |
Months of Supply
1.9 |
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Up 6%
Vs. Year Ago |
Up 4%
Vs. Year Ago |
No Change
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In June, there was 1.9 months of supply available in Caroline 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 66 homes newly listed for sale in Caroline County compared to 62 in June 2024, an increase of 6%. There were 50 current contracts pending sale this June compared to 48 a year ago. The number of current contracts is 4% higher than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Caroline County was 99.7% 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 38, higher than the average last year, which was 30, an increase of 27%.
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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. |