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FOCUS ON: FREDERICK COUNTY HOUSING MARKET |
JULY 2025 |
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Units Sold
146 |
Active Inventory
331 |
Median Sale Price
$450,000 |
Days On Market
35 |
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Up 9%
Vs. Year Ago |
Down -5%
Vs. Year Ago |
Up 2%
Vs. Year Ago |
Down -17%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 146 sold this month in Frederick County Real Estate versus 169 last month, a decrease of 14%. This month's total units sold was higher than at this time last year, an increase of 9% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 16 units or 5%. The total number of active inventory this July was 331 compared to 347 in July 2024. This month's total of 331 is lower than the previous month's total supply of available inventory of 361, a decrease of 8%.
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Median Sale Price
Last July, the median sale price for Frederick County Homes was $440,000. This July, the median sale price was $450,000, an increase of 2% or $10,000 compared to last year. The current median sold price is 3% lower than in June.
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
153 |
Current Contracts
147 |
Sold Vs. List Price
99.2% |
Months of Supply
2.3 |
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Down -20%
Vs. Year Ago |
Up 13%
Vs. Year Ago |
No Change
Vs. Year Ago |
Down -12%
Vs. Year Ago |
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Months of Supply
In July, there was 2.3 months of supply available in Frederick County, compared to 2.6 in July 2024. That is a decrease 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.
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New Listings & Current Contracts
This month there were 153 homes newly listed for sale in Frederick County compared to 191 in July 2024, a decrease of 20%. There were 147 current contracts pending sale this July compared to 130 a year ago. The number of current contracts remained stable as compared to last July.
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Sale Price to List Price Ratio
In July, the average sale price in Frederick County was 99.2% 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 35, lower than the average last year, which was 42, a decrease of 17%.
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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. |