The Long & Foster Market Minute

FOCUS ON: FREDERICK COUNTY HOUSING MARKET MARCH 2025

Units Sold
120
Active Inventory
291
Median Sale Price
$460,000
Days On Market
44
Down -12%
Vs. Year Ago
Up 9%
Vs. Year Ago
Up 6%
Vs. Year Ago
Down -6%
Vs. Year Ago

Units Sold
There was an increase in total units sold in March, with 120 sold this month in Frederick County Real Estate versus 105 last month, an increase of 14%. This month's total units sold was lower than at this time last year, a decrease of 12% versus March 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 23 units or 9%. The total number of active inventory this March was 291 compared to 268 in March 2024. This month's total of 291 is lower than the previous month's total supply of available inventory of 299, a decrease of 3%.

Median Sale Price
Last March, the median sale price for Frederick County Homes was $434,995. This March, the median sale price was $460,000, an increase of 6% or $25,005 compared to last year. The current median sold price is 10% higher than in February.

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


New Listings
181
Current Contracts
151
Sold Vs. List Price
99.1%
Months of Supply
2.4
Down -16%
Vs. Year Ago
Up 1%
Vs. Year Ago
No Change
Vs. Year Ago
Up 23%
Vs. Year Ago

Months of Supply
In March, there was 2.4 months of supply available in Frederick County, compared to 2.0 in March 2024. That is an increase of 23% 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 181 homes newly listed for sale in Frederick County compared to 216 in March 2024, a decrease of 16%. There were 151 current contracts pending sale this March compared to 149 a year ago. The number of current contracts is 1% higher than last March.

Sale Price to List Price Ratio
In March, the average sale price in Frederick County was 99.1% 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 44, lower than the average last year, which was 47, a decrease of 6%.

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.