GEORGETOWN HOUSING MARKET DATA

There was an increase in total units sold in June, with 47 sold this month in Georgetown Real Estate versus 46 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 4% versus June 2024.

Versus last year, the total number of homes available this month is higher by 18 units or 15%. The total number of active inventory this June was 141 compared to 123 in June 2024. This month's total of 141 is lower than the previous month's total supply of available inventory of 164, a decrease of 14%.

Last June, the median sale price for Georgetown Homes was $1,800,000. This June, the median sale price was $1,760,000, a decrease of 2% or $40,000 compared to last year. The current median sold price is 24% 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.

In June, there was 3.0 months of supply available in Georgetown, compared to 2.7 in June 2024. That is an increase of 10% 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 47 homes newly listed for sale in Georgetown compared to 41 in June 2024, an increase of 15%. There were 46 current contracts pending sale this June compared to 35 a year ago. The number of current contracts is 31% higher than last June.

In June, the average sale price in Georgetown was 96.9% of the average list price, which is 0.7% lower than at this time last year.

This month, the average number of days on market was 32, lower than the average last year, which was 40, a decrease of 20%.





FOCUS ON: GEORGETOWN HOUSING MARKET			JUNE 2025

Zip Code(s): 20007
Units Sold 47	Active Inventory 141	Median Sale Price $1,760,000	Days On Market 32

Up 4% Vs. Year Ago	Up 15% Vs. Year Ago	Down -2% Vs. Year Ago	Down -20% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 47 sold this month in Georgetown Real Estate versus 46 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 4% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 18 units or 15%. The total number of active inventory this June was 141 compared to 123 in June 2024. This month's total of 141 is lower than the previous month's total supply of available inventory of 164, a decrease of 14%.
		Median Sale Price Last June, the median sale price for Georgetown Homes was $1,800,000. This June, the median sale price was $1,760,000, a decrease of 2% or $40,000 compared to last year. The current median sold price is 24% 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 47	Current Contracts 46	Sold Vs. List Price 96.9%	Months of Supply 3.0

Up 15% Vs. Year Ago	Up 31% Vs. Year Ago	Down -0.7% Vs. Year Ago	Up 10% Vs. Year Ago


		Months of Supply In June, there was 3.0 months of supply available in Georgetown, compared to 2.7 in June 2024. That is an increase of 10% 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 47 homes newly listed for sale in Georgetown compared to 41 in June 2024, an increase of 15%. There were 46 current contracts pending sale this June compared to 35 a year ago. The number of current contracts is 31% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Georgetown was 96.9% of the average list price, which is 0.7% lower than at this time last year. Days on Market This month, the average number of days on market was 32, lower than the average last year, which was 40, a decrease of 20%.


	Georgetown is defined as properties in zip code 20007.
	*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.