CHEVY CHASE DC HOUSING MARKET DATA

The number of units sold remained stable in July, with 21 sold this month in Chevy Chase DC Real Estate. This month's total units sold was higher than at this time last year, an increase of 6% versus July 2024.

Versus last year, the total number of homes available this month is lower by 5 units or 14%. The total number of active inventory this July was 31 compared to 36 in July 2024. This month's total of 31 is lower than the previous month's total supply of available inventory of 44, a decrease of 30%.

Last July, the median sale price for Chevy Chase DC Homes was $1,750,000. This July, the median sale price was $1,400,000, a decrease of 20% or $350,000 compared to last year. The current median sold price is 2% 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.

In July, there was 1.5 months of supply available in Chevy Chase DC, compared to 2.3 in July 2024. That is a decrease of 34% 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 19 homes newly listed for sale in Chevy Chase DC compared to 18 in July 2024, an increase of 6%. There were 20 current contracts pending sale this July compared to 9 a year ago. The number of current contracts remained stable as compared to last July.

In July, the average sale price in Chevy Chase DC was 98.7% of the average list price, which is 1.4% higher than at this time last year.

This month, the average number of days on market was 23, which is similar compared to a year ago.





FOCUS ON: CHEVY CHASE DC HOUSING MARKET			JULY 2025

Zip Code(s): 20015
Units Sold 21	Active Inventory 31	Median Sale Price $1,400,000	Days On Market 23

Up 31% Vs. Year Ago	Down -14% Vs. Year Ago	Down -20% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold The number of units sold remained stable in July, with 21 sold this month in Chevy Chase DC Real Estate. This month's total units sold was higher than at this time last year, an increase of 6% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 5 units or 14%. The total number of active inventory this July was 31 compared to 36 in July 2024. This month's total of 31 is lower than the previous month's total supply of available inventory of 44, a decrease of 30%.
		Median Sale Price Last July, the median sale price for Chevy Chase DC Homes was $1,750,000. This July, the median sale price was $1,400,000, a decrease of 20% or $350,000 compared to last year. The current median sold price is 2% 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.



New Listings 19	Current Contracts 20	Sold Vs. List Price 98.7%	Months of Supply 1.5

Up 6% Vs. Year Ago	Up 122% Vs. Year Ago	Up 1.5% Vs. Year Ago	Down -34% Vs. Year Ago


		Months of Supply In July, there was 1.5 months of supply available in Chevy Chase DC, compared to 2.3 in July 2024. That is a decrease of 34% 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 19 homes newly listed for sale in Chevy Chase DC compared to 18 in July 2024, an increase of 6%. There were 20 current contracts pending sale this July compared to 9 a year ago. The number of current contracts remained stable as compared to last July.
		Sale Price to List Price Ratio In July, the average sale price in Chevy Chase DC was 98.7% of the average list price, which is 1.4% higher than at this time last year. Days on Market This month, the average number of days on market was 23, which is similar compared to a year ago.


	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.