CHARLES TOWN HOUSING MARKET DATA

There was a decrease in total units sold in May, with 46 sold this month in Charles Town Real Estate versus 47 last month, a decrease of 2%. This month's total units sold was lower than at this time last year, a decrease of 31% versus May 2024.

Versus last year, the total number of homes available this month is higher by 29 units or 39%. The total number of active inventory this May was 103 compared to 74 in May 2024. This month's total of 103 is lower than the previous month's total supply of available inventory of 124, a decrease of 17%.

Last May, the median sale price for Charles Town Homes was $423,000. This May, the median sale price was approximately the same at $401,715. The current median sold price is 5% 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 2.2 months of supply available in Charles Town, compared to 1.1 in May 2024. That is an increase of 103% 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 49 homes newly listed for sale in Charles Town compared to 52 in May 2024, a decrease of 6%. There were 58 current contracts pending sale this May compared to 57 a year ago. The number of current contracts is 2% higher than last May.

In May, the average sale price in Charles Town was 102.4% of the average list price, which is 2.4% higher than at this time last year.

This month, the average number of days on market was 21, lower than the average last year, which was 22, a decrease of 5%.





FOCUS ON: CHARLES TOWN HOUSING MARKET			MAY 2025

Zip Code(s): 25414
Units Sold 46	Active Inventory 103	Median Sale Price $401,715	Days On Market 21

Down -31% Vs. Year Ago	Up 39% Vs. Year Ago	Down -5% Vs. Year Ago	Down -5% Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 46 sold this month in Charles Town Real Estate versus 47 last month, a decrease of 2%. This month's total units sold was lower than at this time last year, a decrease of 31% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 29 units or 39%. The total number of active inventory this May was 103 compared to 74 in May 2024. This month's total of 103 is lower than the previous month's total supply of available inventory of 124, a decrease of 17%.
		Median Sale Price Last May, the median sale price for Charles Town Homes was $423,000. This May, the median sale price was approximately the same at $401,715. The current median sold price is 5% 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 49	Current Contracts 58	Sold Vs. List Price 102.4%	Months of Supply 2.2

Down -6% Vs. Year Ago	Up 2% Vs. Year Ago	Up 2.4% Vs. Year Ago	Up 104% Vs. Year Ago


		Months of Supply In May, there was 2.2 months of supply available in Charles Town, compared to 1.1 in May 2024. That is an increase of 103% 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 49 homes newly listed for sale in Charles Town compared to 52 in May 2024, a decrease of 6%. There were 58 current contracts pending sale this May compared to 57 a year ago. The number of current contracts is 2% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Charles Town was 102.4% of the average list price, which is 2.4% higher than at this time last year. Days on Market This month, the average number of days on market was 21, lower than the average last year, which was 22, a decrease of 5%.


	Charles Town are defined as properties listed in zip code/s 25414.
	*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.