The Long & Foster Market Minute

FOCUS ON: CHEVY CHASE DC HOUSING MARKET SEPTEMBER 2025

Zip Code(s): 20015
Units Sold
12
Active Inventory
50
Median Sale Price
$1,378,500
Days On Market
23
Down
Vs. Year Ago
Up 72%
Vs. Year Ago
Down -14%
Vs. Year Ago
Up
Vs. Year Ago

Units Sold
With relatively few transactions, there was a decrease in total units sold in September, with 12 sold this month in Chevy Chase DC Real Estate. This month's total units sold was lower than at this time last year, a decrease from September 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 21 units or 72%. The total number of active inventory this September was 50 compared to 29 in September 2024. This month's total of 50 is higher than the previous month's total supply of available inventory of 40, an increase of 25%.

Median Sale Price
Last September, the median sale price for Chevy Chase DC Homes was $1,600,000. This September, the median sale price was $1,378,500, a decrease of 14% or $221,500 compared to last year. The current median sold price is 15% 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.


New Listings
33
Current Contracts
17
Sold Vs. List Price
97.8%
Months of Supply
4.2
Up 57%
Vs. Year Ago
Up 21%
Vs. Year Ago
Down -3.3%
Vs. Year Ago
Up 87%
Vs. Year Ago

Months of Supply
In September, there was 4.2 months of supply available in Chevy Chase DC, compared to 2.2 in September 2024. That is an increase of 87% 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 33 homes newly listed for sale in Chevy Chase DC compared to 21 in September 2024, an increase of 57%. There were 17 current contracts pending sale this September compared to 14 a year ago. The number of current contracts is 21% higher than last September.

Sale Price to List Price Ratio
In September, the average sale price in Chevy Chase DC was 97.8% of the average list price, which is 3.4% lower than at this time last year.

Days on Market
This month, the average number of days on market was 23, higher than the average last year, which was 12. This increase was impacted by the limited number of sales.

The Long & Foster Market Minute 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.
REALTOR, Equal Opportunity HousingInformation 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.