SHEPHERD PARK AND PETWORTH HOUSING MARKET DATA

There was a decrease in total units sold in August, with 55 sold this month in Shepherd Park and Petworth Real Estate. This month's total units sold was higher than at this time last year.

Versus last year, the total number of homes available this month is lower by 67 units or 17%. The total number of active inventory this August was 323 compared to 390 in August 2024. This month's total of 323 is lower than the previous month's total supply of available inventory of 367, a decrease of 12%.

Last August, the median sale price for Shepherd Park and Petworth Homes was $649,900. This August, the median sale price was $640,000, a decrease of 2% or $9,900 compared to last year. The current median sold price is 6% lower than in July.

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

In August, there was 5.9 months of supply available in Shepherd Park and Petworth, compared to 7.4 in August 2024. That is a decrease of 20% 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 90 homes newly listed for sale in Shepherd Park and Petworth compared to 142 in August 2024, a decrease of 37%. There were 58 current contracts pending sale this August compared to 43 a year ago. The number of current contracts is 35% higher than last August.

In August, the average sale price in Shepherd Park and Petworth was 97.1% of the average list price, which is 1.8% lower than at this time last year.

This month, the average number of days on market was 49, lower than the average last year, which was 62, a decrease of 21%.





FOCUS ON: SHEPHERD PARK AND PETWORTH HOUSING MARKET			AUGUST 2025

Zip Code(s): 20011 and 20012
Units Sold 55	Active Inventory 323	Median Sale Price $640,000	Days On Market 49

Up 4% Vs. Year Ago	Down -17% Vs. Year Ago	Down -2% Vs. Year Ago	Down -21% Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 55 sold this month in Shepherd Park and Petworth Real Estate. This month's total units sold was higher than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is lower by 67 units or 17%. The total number of active inventory this August was 323 compared to 390 in August 2024. This month's total of 323 is lower than the previous month's total supply of available inventory of 367, a decrease of 12%.
		Median Sale Price Last August, the median sale price for Shepherd Park and Petworth Homes was $649,900. This August, the median sale price was $640,000, a decrease of 2% or $9,900 compared to last year. The current median sold price is 6% lower than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 90	Current Contracts 58	Sold Vs. List Price 97.1%	Months of Supply 5.9

Down -37% Vs. Year Ago	Up 35% Vs. Year Ago	Down -1.9% Vs. Year Ago	Down -20% Vs. Year Ago


		Months of Supply In August, there was 5.9 months of supply available in Shepherd Park and Petworth, compared to 7.4 in August 2024. That is a decrease of 20% 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 90 homes newly listed for sale in Shepherd Park and Petworth compared to 142 in August 2024, a decrease of 37%. There were 58 current contracts pending sale this August compared to 43 a year ago. The number of current contracts is 35% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Shepherd Park and Petworth was 97.1% of the average list price, which is 1.8% lower than at this time last year. Days on Market This month, the average number of days on market was 49, lower than the average last year, which was 62, a decrease of 21%.


	Shepherd Park and Petworth are defined by properties in zip codes 20011/20012 and includes but is not limited to these neighborhoods: Shepherd Park, Colonial Village, Crestwood, and Petworth.
	*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.