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| JUNE 2025 | |||
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| Units Sold 1,000 |
Active Inventory 1,837 |
Median Sale Price $640,000 |
Days On Market 22 |
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| Up 3% Vs. Year Ago |
Up 25% Vs. Year Ago |
Down -2% Vs. Year Ago |
Up 16% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 1,000 sold this month in Montgomery County Real Estate versus 945 last month, an increase of 6%. This month's total units sold was higher than at this time last year, an increase of 3% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 367 units or 25%. The total number of active inventory this June was 1,837 compared to 1,470 in June 2024. This month's total of 1,837 is lower than the previous month's total supply of available inventory of 2,106, a decrease of 13%. |
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Median Sale Price
Last June, the median sale price for Montgomery County Homes was $650,000. This June, the median sale price was $640,000, a decrease of 2% or $10,000 compared to last year. The current median sold price is 2% lower 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. |
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| New Listings 1,045 |
Current Contracts 994 |
Sold Vs. List Price 99.8% |
Months of Supply 1.8 |
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| Down -9% Vs. Year Ago |
Up 3% Vs. Year Ago |
Down -2.1% Vs. Year Ago |
Up 22% Vs. Year Ago |
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Months of Supply
In June, there was 1.8 months of supply available in Montgomery County, compared to 1.5 in June 2024. That is an increase of 22% 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 1,045 homes newly listed for sale in Montgomery County compared to 1,150 in June 2024, a decrease of 9%. There were 994 current contracts pending sale this June compared to 964 a year ago. The number of current contracts is 3% higher than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Montgomery County was 99.8% of the average list price, which is 2.1% lower than at this time last year. Days on Market
This month, the average number of days on market was 22, higher than the average last year, which was 19, an increase of 16%. | |||
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| *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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