CAROLINE COUNTY HOUSING MARKET DATA

There was an increase in total units sold in May, with 42 sold this month in Caroline County Real Estate versus 39 last month, an increase of 8%. This month's total units sold was lower than at this time last year, a decrease of 16% versus May 2024.

Versus last year, the total number of homes available this month is lower by 11 units or 11%. The total number of active inventory this May was 85 compared to 96 in May 2024. This month's total of 85 is lower than the previous month's total supply of available inventory of 105, a decrease of 19%.

Last May, the median sale price for Caroline County Homes was $378,400. This May, the median sale price was approximately the same at $369,950. The current median sold price is 2% lower than in May 2024.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 2.0 months of supply available in Caroline County, compared to 1.9 in May 2024. That is an increase of 5% 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.

This month there were 35 homes newly listed for sale in Caroline County compared to 56 in May 2024, a decrease of 38%. There were 44 current contracts pending sale this May, consistent with the volume a year ago. The number of current contracts is 17% lower than last month.

In May, the average sale price in Caroline County was 99.4% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 56, higher than the average last year, which was 31, an increase of 81%.





FOCUS ON: CAROLINE COUNTY HOUSING MARKET			MAY 2025

Units Sold 42	Active Inventory 85	Median Sale Price $369,950	Days On Market 56

Down -16% Vs. Year Ago	Down -11% Vs. Year Ago	Down -2% Vs. Year Ago	Up 81% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 42 sold this month in Caroline County Real Estate versus 39 last month, an increase of 8%. This month's total units sold was lower than at this time last year, a decrease of 16% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 11 units or 11%. The total number of active inventory this May was 85 compared to 96 in May 2024. This month's total of 85 is lower than the previous month's total supply of available inventory of 105, a decrease of 19%.
		Median Sale Price Last May, the median sale price for Caroline County Homes was $378,400. This May, the median sale price was approximately the same at $369,950. The current median sold price is 2% lower than in May 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 35	Current Contracts 44	Sold Vs. List Price 99.4%	Months of Supply 2.0

Down -38% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago	Up 5% Vs. Year Ago


		Months of Supply In May, there was 2.0 months of supply available in Caroline County, compared to 1.9 in May 2024. That is an increase of 5% 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 35 homes newly listed for sale in Caroline County compared to 56 in May 2024, a decrease of 38%. There were 44 current contracts pending sale this May, consistent with the volume a year ago. The number of current contracts is 17% lower than last month.
		Sale Price to List Price Ratio In May, the average sale price in Caroline County was 99.4% 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 56, higher than the average last year, which was 31, an increase of 81%.



	*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.