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| AUGUST 2025 | |||
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| Zip Code(s): 20010 | |||
| Units Sold 20 |
Active Inventory 108 |
Median Sale Price $838,250 |
Days On Market 57 |
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| Up 25% Vs. Year Ago |
Down -20% Vs. Year Ago |
Down Vs. Year Ago |
Up Vs. Year Ago |
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Units Sold
There was an increase in total units sold in August, with 20 sold this month in Columbia Heights and Mt. Pleasant Real Estate versus 18 last month, an increase of 11%. This month's total units sold was higher than at this time last year, an increase of 25% versus August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 27 units or 20%. The total number of active inventory this August was 108 compared to 135 in August 2024. This month's total of 108 is lower than the previous month's total supply of available inventory of 124, a decrease of 13%. |
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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 August, the median sale price for Columbia Heights and Mt. Pleasant Homes was $863,950. This August, the median sale price was $838,250, a decrease of $25,700 compared to last year. The current median sold price is higher 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. |
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| New Listings 36 |
Current Contracts 16 |
Sold Vs. List Price 97.2% |
Months of Supply 5.4 |
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| Down -33% Vs. Year Ago |
Down -6% Vs. Year Ago |
Down -2.6% Vs. Year Ago |
Down -36% Vs. Year Ago |
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Months of Supply
In August, there was 5.4 months of supply available in Columbia Heights and Mt. Pleasant, compared to 8.4 in August 2024. That is a decrease of 36% 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 36 homes newly listed for sale in Columbia Heights and Mt. Pleasant compared to 54 in August 2024, a decrease of 33%. There were 16 current contracts pending sale this August compared to 17 a year ago. The number of current contracts is 6% lower than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Columbia Heights and Mt. Pleasant was 97.2% of the average list price, which is 2.6% lower than at this time last year. Days on Market
This month, the average number of days on market was 57, higher than the average last year, which was 28. This increase was impacted by the limited number of sales. | |||
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Columbia Heights and Mt. Pleasant are defined as properties in zip code 20010. | ||
| *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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