The Long & Foster Market Minute

FOCUS ON: FREDERICK COUNTY HOUSING MARKET MAY 2025

Units Sold
171
Active Inventory
350
Median Sale Price
$450,000
Days On Market
37
Up 12%
Vs. Year Ago
Up 17%
Vs. Year Ago
Up 2%
Vs. Year Ago
Up 32%
Vs. Year Ago

Units Sold
There was an increase in total units sold in May, with 171 sold this month in Frederick County Real Estate. This month's total units sold was higher than at this time last year.

Active Inventory
Versus last year, the total number of homes available this month is higher by 51 units or 17%. The total number of active inventory this May was 350 compared to 299 in May 2024. This month's total of 350 is higher than the previous month's total supply of available inventory of 344, an increase of 2%.

Median Sale Price
Last May, the median sale price for Frederick County Homes was $442,500. This May, the median sale price was $450,000, an increase of 2% or $7,500 compared to last year. The current median sold price is 5% higher 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
205
Current Contracts
166
Sold Vs. List Price
99.2%
Months of Supply
2.0
Up 7%
Vs. Year Ago
Up 5%
Vs. Year Ago
Down -0.9%
Vs. Year Ago
No Change
Vs. Year Ago

Months of Supply
In May, there was 2.0 months of supply available in Frederick 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.

New Listings & Current Contracts
This month there were 205 homes newly listed for sale in Frederick County compared to 191 in May 2024, an increase of 7%. There were 166 current contracts pending sale this May compared to 158 a year ago. The number of current contracts is 5% higher than last May.

Sale Price to List Price Ratio
In May, the average sale price in Frederick County was 99.2% of the average list price, which is 0.9% lower than at this time last year.

Days on Market
This month, the average number of days on market was 37, higher than the average last year, which was 28, an increase of 32%.

The Long & Foster Market Minute
*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.
REALTOR, Equal Opportunity HousingInformation 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.