The Long & Foster Market Minute

FOCUS ON: BETHESDA AND CABIN JOHN HOUSING MARKET JUNE 2025

Zip Code(s): 20814, 20816, 20817, 20818, 20812, 20889, 20892 and 20894
Units Sold
111
Active Inventory
235
Median Sale Price
$1,400,000
Days On Market
21
Up 4%
Vs. Year Ago
Up 31%
Vs. Year Ago
Up 1%
Vs. Year Ago
Up 5%
Vs. Year Ago

Units Sold
There was an increase in total units sold in June, with 111 sold this month in Bethesda and Cabin John Real Estate versus 105 last month, an increase of 6%. 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 56 units or 31%. The total number of active inventory this June was 235 compared to 179 in June 2024. This month's total of 235 is lower than the previous month's total supply of available inventory of 266, a decrease of 12%.

Median Sale Price
Last June, the median sale price for Bethesda and Cabin John Homes was $1,385,000. This June, the median sale price was $1,400,000, an increase of 1% or $15,000 compared to last year. The current median sold price is 8% 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
119
Current Contracts
109
Sold Vs. List Price
98.9%
Months of Supply
2.1
No Change
Vs. Year Ago
Up 8%
Vs. Year Ago
Down -2%
Vs. Year Ago
Up 27%
Vs. Year Ago

Months of Supply
In June, there was 2.1 months of supply available in Bethesda and Cabin John, compared to 1.7 in June 2024. That is an increase of 27% 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 119 homes newly listed for sale in Bethesda and Cabin John, which is similar to the amount in June 2024. There were 109 current contracts pending sale this June compared to 101 a year ago. The number of current contracts is 8% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Bethesda and Cabin John was 98.9% of the average list price, which is 2.0% lower than at this time last year.

Days on Market
This month, the average number of days on market was 21, higher than the average last year, which was 20, an increase of 5%.

The Long & Foster Market Minute Bethesda and Cabin John are defined as properties listed in zip code/s 20814, 20816, 20817, 20818, 20812, 20889, 20892 and 20894.
*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.