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FOCUS ON: DEANWOOD AND MARSHALL HEIGHTS HOUSING MARKET |
AUGUST 2025 |
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Zip Code(s): 20019 |
Units Sold
20 |
Active Inventory
177 |
Median Sale Price
$372,500 |
Days On Market
64 |
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Up
Vs. Year Ago |
Down -18%
Vs. Year Ago |
Down -14%
Vs. Year Ago |
Down -4%
Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in August, with 20 sold this month in Deanwood and Marshall Heights Real Estate. This month's total units sold was higher than at this time last year, an increase from August 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 38 units or 18%. The total number of active inventory this August was 177 compared to 215 in August 2024. This month's total of 177 is lower than the previous month's total supply of available inventory of 188, a decrease of 6%.
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Median Sale Price
Last August, the median sale price for Deanwood and Marshall Heights Homes was $432,500. This August, the median sale price was $372,500, a decrease of 14% or $60,000 compared to last year. The current median sold price is 18% 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
53 |
Current Contracts
30 |
Sold Vs. List Price
98.7% |
Months of Supply
8.9 |
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Down -5%
Vs. Year Ago |
Up 50%
Vs. Year Ago |
Down -0.8%
Vs. Year Ago |
Down -22%
Vs. Year Ago |
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Months of Supply
In August, there was 8.9 months of supply available in Deanwood and Marshall Heights, compared to 11.3 in August 2024. That is a decrease 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 53 homes newly listed for sale in Deanwood and Marshall Heights compared to 56 in August 2024, a decrease of 5%. There were 30 current contracts pending sale this August compared to 20 a year ago. The number of current contracts remained stable as compared to last August.
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Sale Price to List Price Ratio
In August, the average sale price in Deanwood and Marshall Heights was 98.7% 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 64, lower than the average last year, which was 67, a decrease of 4%.
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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. |