BROOKLAND AND WOODRIDGE HOUSING MARKET DATA

There was a decrease in total units sold in April, with 37 sold this month in Brookland and Woodridge Real Estate versus 39 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 8% versus April 2024.

Versus last year, the total number of homes available this month is higher by 5 units or 3%. The total number of active inventory this April was 170 compared to 165 in April 2024. This month's total of 170 is lower than the previous month's total supply of available inventory of 178, a decrease of 4%.

Last April, the median sale price for Brookland and Woodridge Homes was $620,000. This April, the median sale price was $699,900, an increase of 13% or $79,900 compared to last year. The current median sold price is 25% higher than in March.

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

In April, there was 4.6 months of supply available in Brookland and Woodridge, compared to 4.1 in April 2024. That is an increase of 11% 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 77 homes newly listed for sale in Brookland and Woodridge compared to 92 in April 2024, a decrease of 16%. There were 44 current contracts pending sale this April compared to 41 a year ago. The number of current contracts is 7% higher than last April.

In April, the average sale price in Brookland and Woodridge was 100.2% of the average list price, which is 0.8% lower than at this time last year.

This month, the average number of days on market was 43, higher than the average last year, which was 31, an increase of 39%.





FOCUS ON: BROOKLAND AND WOODRIDGE HOUSING MARKET			APRIL 2025

Zip Code(s): 20017 and 20018
Units Sold 37	Active Inventory 170	Median Sale Price $699,900	Days On Market 43

Down -7% Vs. Year Ago	Up 3% Vs. Year Ago	Up 13% Vs. Year Ago	Up 39% Vs. Year Ago


		Units Sold There was a decrease in total units sold in April, with 37 sold this month in Brookland and Woodridge Real Estate versus 39 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 8% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 5 units or 3%. The total number of active inventory this April was 170 compared to 165 in April 2024. This month's total of 170 is lower than the previous month's total supply of available inventory of 178, a decrease of 4%.
		Median Sale Price Last April, the median sale price for Brookland and Woodridge Homes was $620,000. This April, the median sale price was $699,900, an increase of 13% or $79,900 compared to last year. The current median sold price is 25% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 77	Current Contracts 44	Sold Vs. List Price 100.2%	Months of Supply 4.6

Down -16% Vs. Year Ago	Up 7% Vs. Year Ago	Down -0.7% Vs. Year Ago	Up 11% Vs. Year Ago


		Months of Supply In April, there was 4.6 months of supply available in Brookland and Woodridge, compared to 4.1 in April 2024. That is an increase of 11% 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 77 homes newly listed for sale in Brookland and Woodridge compared to 92 in April 2024, a decrease of 16%. There were 44 current contracts pending sale this April compared to 41 a year ago. The number of current contracts is 7% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Brookland and Woodridge was 100.2% of the average list price, which is 0.8% lower than at this time last year. Days on Market This month, the average number of days on market was 43, higher than the average last year, which was 31, an increase of 39%.


	Brookland and Woodridge are defined as properties in zip codes 20017/20018.
	*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.