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| SEPTEMBER 2025 | |||
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| Zip Code(s): 20007 | |||
| Units Sold 25 |
Active Inventory 160 |
Median Sale Price $1,725,000 |
Days On Market 37 |
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| Up 32% Vs. Year Ago |
Up 39% Vs. Year Ago |
Up Vs. Year Ago |
Down -26% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 25 sold this month in Georgetown Real Estate versus 33 last month, a decrease of 24%. This month's total units sold was higher than at this time last year, an increase of 32% versus September 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 45 units or 39%. The total number of active inventory this September was 160 compared to 115 in September 2024. This month's total of 160 is higher than the previous month's total supply of available inventory of 149, an increase of 7%. |
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Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last September, the median sale price for Georgetown Homes was $1,470,000. This September, the median sale price was $1,725,000, an increase of $255,000 compared to last year. The current median sold price is higher than in August. 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 69 |
Current Contracts 40 |
Sold Vs. List Price 98.0% |
Months of Supply 6.4 |
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| Up 19% Vs. Year Ago |
Up 18% Vs. Year Ago |
Up 1.4% Vs. Year Ago |
Up 6% Vs. Year Ago |
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Months of Supply
In September, there was 6.4 months of supply available in Georgetown, compared to 6.1 in September 2024. That is an increase of 6% 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 69 homes newly listed for sale in Georgetown compared to 58 in September 2024, an increase of 19%. There were 40 current contracts pending sale this September compared to 34 a year ago. The number of current contracts is 18% higher than last September. |
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Sale Price to List Price Ratio
In September, the average sale price in Georgetown was 98.0% of the average list price, which is 1.3% higher than at this time last year. Days on Market
This month, the average number of days on market was 37, lower than the average last year, which was 50, a decrease of 26%. | |||
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Georgetown is defined as properties in zip code 20007. | ||
| *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. |
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