SHEPHERD PARK AND PETWORTH HOUSING MARKET DATA

There was a decrease in total units sold in September, with 48 sold this month in Shepherd Park and Petworth Real Estate versus 57 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 2% versus September 2024.

Versus last year, the total number of homes available this month is lower by 10 units or 3%. The total number of active inventory this September was 340 compared to 350 in September 2024. This month's total of 340 is lower than the previous month's total supply of available inventory of 346, a decrease of 2%.

Last September, the median sale price for Shepherd Park and Petworth Homes was $800,000. This September, the median sale price was $610,000, a decrease of 24% or $190,000 compared to last year. The current median sold price is 3% 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.

In September, there was 7.1 months of supply available in Shepherd Park and Petworth. The amount of supply is similar compared to 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 136 homes newly listed for sale in Shepherd Park and Petworth compared to 140 in September 2024, a decrease of 3%. There were 69 current contracts pending sale this September compared to 68 a year ago. The number of current contracts is 1% higher than last September.

In September, the average sale price in Shepherd Park and Petworth was 97.7% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 51, higher than the average last year, which was 46, an increase of 11%.





FOCUS ON: SHEPHERD PARK AND PETWORTH HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 20011 and 20012
Units Sold 48	Active Inventory 340	Median Sale Price $610,000	Days On Market 51

Down -2% Vs. Year Ago	Down -3% Vs. Year Ago	Down -24% Vs. Year Ago	Up 11% Vs. Year Ago


		Units Sold There was a decrease in total units sold in September, with 48 sold this month in Shepherd Park and Petworth Real Estate versus 57 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 2% versus September 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 10 units or 3%. The total number of active inventory this September was 340 compared to 350 in September 2024. This month's total of 340 is lower than the previous month's total supply of available inventory of 346, a decrease of 2%.
		Median Sale Price Last September, the median sale price for Shepherd Park and Petworth Homes was $800,000. This September, the median sale price was $610,000, a decrease of 24% or $190,000 compared to last year. The current median sold price is 3% 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.



New Listings 136	Current Contracts 69	Sold Vs. List Price 97.7%	Months of Supply 7.1

Down -3% Vs. Year Ago	Up 1% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In September, there was 7.1 months of supply available in Shepherd Park and Petworth. The amount of supply is similar compared to 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 136 homes newly listed for sale in Shepherd Park and Petworth compared to 140 in September 2024, a decrease of 3%. There were 69 current contracts pending sale this September compared to 68 a year ago. The number of current contracts is 1% higher than last September.
		Sale Price to List Price Ratio In September, the average sale price in Shepherd Park and Petworth was 97.7% 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 51, higher than the average last year, which was 46, an increase of 11%.


	Shepherd Park and Petworth are defined by properties in zip codes 20011/20012 and includes but is not limited to these neighborhoods: Shepherd Park, Colonial Village, Crestwood, and Petworth.
	*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.