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| FOCUS ON: PETWORTH HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 20011 |
Units Sold
40 |
Active Inventory
295 |
Median Sale Price
$586,500 |
Days On Market
53 |
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Down -2%
Vs. Year Ago |
No Change
Vs. Year Ago |
Down -27%
Vs. Year Ago |
Up 10%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 40 sold this month in Petworth Real Estate versus 48 last month, a decrease of 17%. This month's total units sold was lower than at this time last year, a decrease of 2% versus September 2024.
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Active Inventory
The total number of homes available this month is 295 units, which is similiar compared to a year ago. This month's supply of available homes remained stable as compared to the previous month's supply.
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Median Sale Price
Last September, the median sale price for Petworth Homes was $800,000. This September, the median sale price was $586,500, a decrease of $213,500 compared to last year. The current median sold price is lower than in August.
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
119 |
Current Contracts
52 |
Sold Vs. List Price
97.8% |
Months of Supply
7.4 |
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No Change
Vs. Year Ago |
No Change
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 2%
Vs. Year Ago |
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Months of Supply
In September, there was 7.4 months of supply available in Petworth, compared to 7.2 in September 2024. That is an increase of 2% 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 119 homes newly listed for sale in Petworth, which is similar to the amount in September 2024. There were 52 current contracts pending sale this September, consistent with the volume a year ago. The number of current contracts is 8% higher than last month.
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Sale Price to List Price Ratio
In September, the average sale price in Petworth was 97.8% of the average list price, which is similar compared to a year ago.
Days on Market
This month, the average number of days on market was 53, higher than the average last year, which was 48, an increase of 10%.
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Petworth are defined as properties listed in zip code/s 20011. |
| *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. |