CHEVY CHASE DC HOUSING MARKET DATA

There was a decrease in total units sold in June, with 21 sold this month in Chevy Chase DC Real Estate versus 22 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 16% versus June 2024.

Versus last year, the total number of homes available this month is higher by 8 units or 27%. The total number of active inventory this June was 38 compared to 30 in June 2024. This month's total of 38 is lower than the previous month's total supply of available inventory of 49, a decrease of 22%.

Last June, the median sale price for Chevy Chase DC Homes was $1,400,000. This June, the median sale price was $1,425,000, an increase of 2% or $25,000 compared to last year. The current median sold price is 5% higher than in May.

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

In June, there was 1.8 months of supply available in Chevy Chase DC, compared to 1.2 in June 2024. That is an increase of 51% 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 17 homes newly listed for sale in Chevy Chase DC compared to 23 in June 2024, a decrease of 26%. There were 21 current contracts pending sale this June compared to 19 a year ago. The number of current contracts is 11% higher than last June.

In June, the average sale price in Chevy Chase DC was 101.3% of the average list price, which is 2.7% lower than at this time last year.

This month, the average number of days on market was 18, lower than the average last year, which was 41. This decrease was impacted by the limited number of sales.





FOCUS ON: CHEVY CHASE DC HOUSING MARKET			JUNE 2025

Zip Code(s): 20015
Units Sold 21	Active Inventory 38	Median Sale Price $1,425,000	Days On Market 18

Down -16% Vs. Year Ago	Up 27% Vs. Year Ago	Up 2% Vs. Year Ago	Down Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 21 sold this month in Chevy Chase DC Real Estate versus 22 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 16% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 8 units or 27%. The total number of active inventory this June was 38 compared to 30 in June 2024. This month's total of 38 is lower than the previous month's total supply of available inventory of 49, a decrease of 22%.
		Median Sale Price Last June, the median sale price for Chevy Chase DC Homes was $1,400,000. This June, the median sale price was $1,425,000, an increase of 2% or $25,000 compared to last year. The current median sold price is 5% higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 17	Current Contracts 21	Sold Vs. List Price 101.3%	Months of Supply 1.8

Down -26% Vs. Year Ago	Up 11% Vs. Year Ago	Down -2.6% Vs. Year Ago	Up 51% Vs. Year Ago


		Months of Supply In June, there was 1.8 months of supply available in Chevy Chase DC, compared to 1.2 in June 2024. That is an increase of 51% 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 17 homes newly listed for sale in Chevy Chase DC compared to 23 in June 2024, a decrease of 26%. There were 21 current contracts pending sale this June compared to 19 a year ago. The number of current contracts is 11% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Chevy Chase DC was 101.3% of the average list price, which is 2.7% lower than at this time last year. Days on Market This month, the average number of days on market was 18, lower than the average last year, which was 41. This decrease was impacted by the limited number of sales.


	Chevy Chase DC is defined as properties in zip code 20015.
	*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.