The Long & Foster Market Minute

FOCUS ON: FOGGY BOTTOM AND WEST END HOUSING MARKET JUNE 2025

Zip Code(s): 20036 and 20037
Units Sold
30
Active Inventory
169
Median Sale Price
$504,500
Days On Market
55
No Change
Vs. Year Ago
Up 23%
Vs. Year Ago
Down -3%
Vs. Year Ago
Up
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 30 sold this month in Foggy Bottom and West End Real Estate, a decrease of 21%. This month's total units sold is similar compared to a year ago.

Active Inventory
Versus last year, the total number of homes available this month is higher by 32 units or 23%. The total number of active inventory this June was 169 compared to 137 in June 2024. This month's total of 169 is lower than the previous month's total supply of available inventory of 201, a decrease of 16%.

Median Sale Price
Last June, the median sale price for Foggy Bottom and West End Homes was $520,000. This June, the median sale price was $504,500, a decrease of 3% or $15,500 compared to last year. The current median sold price is 6% higher than in May.

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


New Listings
48
Current Contracts
43
Sold Vs. List Price
97.5%
Months of Supply
5.6
No Change
Vs. Year Ago
Up 54%
Vs. Year Ago
Down -0.9%
Vs. Year Ago
Up 23%
Vs. Year Ago

Months of Supply
In June, there was 5.6 months of supply available in Foggy Bottom and West End, compared to 4.6 in June 2024. That is an increase 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 48 homes newly listed for sale in Foggy Bottom and West End, which is similar to the amount in June 2024. There were 43 current contracts pending sale this June compared to 28 a year ago. The number of current contracts is 54% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Foggy Bottom and West End was 97.5% of the average list price, which is 0.9% lower than at this time last year.

Days on Market
This month, the average number of days on market was 55, higher than the average last year, which was 28. This increase was impacted by the limited number of sales.

The Long & Foster Market Minute Foggy Bottom and West End are defined as properties in zip codes 20036/20037.
*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.