DEANWOOD AND MARSHALL HEIGHTS HOUSING MARKET DATA

There was a decrease in total units sold in February, with 36 sold this month in Deanwood and Marshall Heights Real Estate versus 45 last month, a decrease of 20%. This month's total units sold was lower than at this time last year, a decrease of 10% versus February 2024.

Versus last year, the total number of homes available this month is lower by 48 units or 31%. The total number of active inventory this February was 107 compared to 155 in February 2024. This month's total of 107 is lower than the previous month's total supply of available inventory of 130, a decrease of 18%.

Last February, the median sale price for Deanwood and Marshall Heights Homes was $392,500. This February, the median sale price was $384,000, a decrease of 2% or $8,500 compared to last year. The current median sold price is 7% lower than in January.

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

In February, there was 3.0 months of supply available in Deanwood and Marshall Heights, compared to 3.9 in February 2024. That is a decrease of 23% 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 43 homes newly listed for sale in Deanwood and Marshall Heights compared to 62 in February 2024, a decrease of 31%. There were 33 current contracts pending sale this February compared to 28 a year ago. The number of current contracts is 18% higher than last February.

In February, the average sale price in Deanwood and Marshall Heights was 98.6% of the average list price, which is 0.8% higher than at this time last year.

This month, the average number of days on market was 74, higher than the average last year, which was 66, an increase of 12%.





FOCUS ON: DEANWOOD AND MARSHALL HEIGHTS HOUSING MARKET			FEBRUARY 2025

Zip Code(s): 20019
Units Sold 36	Active Inventory 107	Median Sale Price $384,000	Days On Market 74

Down -10% Vs. Year Ago	Down -31% Vs. Year Ago	Down -2% Vs. Year Ago	Up 12% Vs. Year Ago


		Units Sold There was a decrease in total units sold in February, with 36 sold this month in Deanwood and Marshall Heights Real Estate versus 45 last month, a decrease of 20%. This month's total units sold was lower than at this time last year, a decrease of 10% versus February 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 48 units or 31%. The total number of active inventory this February was 107 compared to 155 in February 2024. This month's total of 107 is lower than the previous month's total supply of available inventory of 130, a decrease of 18%.
		Median Sale Price Last February, the median sale price for Deanwood and Marshall Heights Homes was $392,500. This February, the median sale price was $384,000, a decrease of 2% or $8,500 compared to last year. The current median sold price is 7% lower than in January. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 43	Current Contracts 33	Sold Vs. List Price 98.6%	Months of Supply 3.0

Down -31% Vs. Year Ago	Up 18% Vs. Year Ago	Up 0.8% Vs. Year Ago	Down -23% Vs. Year Ago


		Months of Supply In February, there was 3.0 months of supply available in Deanwood and Marshall Heights, compared to 3.9 in February 2024. That is a decrease of 23% 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 43 homes newly listed for sale in Deanwood and Marshall Heights compared to 62 in February 2024, a decrease of 31%. There were 33 current contracts pending sale this February compared to 28 a year ago. The number of current contracts is 18% higher than last February.
		Sale Price to List Price Ratio In February, the average sale price in Deanwood and Marshall Heights was 98.6% of the average list price, which is 0.8% higher than at this time last year. Days on Market This month, the average number of days on market was 74, higher than the average last year, which was 66, an increase of 12%.


	Deanwood and Marshall Heights are defined as properties listed in zip code/s 20019.
	*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.