BETHESDA AND CABIN JOHN HOUSING MARKET DATA

There was an increase in total units sold in May, with 101 sold this month in Bethesda and Cabin John Real Estate versus 90 last month, an increase of 12%. This month's total units sold was lower than at this time last year, a decrease of 11% versus May 2024.

Versus last year, the total number of homes available this month is higher by 53 units or 29%. The total number of active inventory this May was 234 compared to 181 in May 2024. This month's total of 234 is lower than the previous month's total supply of available inventory of 270, a decrease of 13%.

Last May, the median sale price for Bethesda and Cabin John Homes was $1,292,500. This May, the median sale price was $1,296,000, which is similar compared to a year ago. The current median sold price is 6% higher than in April.

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

In May, there was 2.3 months of supply available in Bethesda and Cabin John, compared to 1.6 in May 2024. That is an increase of 45% 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 124 homes newly listed for sale in Bethesda and Cabin John compared to 121 in May 2024, an increase of 2%. There were 121 current contracts pending sale this May compared to 109 a year ago. The number of current contracts is 11% higher than last May.

In May, the average sale price in Bethesda and Cabin John was 100.7% of the average list price, which is 2.4% lower than at this time last year.

This month, the average number of days on market was 17, which is similar compared to a year ago.





FOCUS ON: BETHESDA AND CABIN JOHN HOUSING MARKET			MAY 2025

Zip Code(s): 20814, 20816, 20817, 20818, 20812, 20889, 20892 and 20894
Units Sold 101	Active Inventory 234	Median Sale Price $1,296,000	Days On Market 17

Down -11% Vs. Year Ago	Up 29% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 101 sold this month in Bethesda and Cabin John Real Estate versus 90 last month, an increase of 12%. This month's total units sold was lower than at this time last year, a decrease of 11% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 53 units or 29%. The total number of active inventory this May was 234 compared to 181 in May 2024. This month's total of 234 is lower than the previous month's total supply of available inventory of 270, a decrease of 13%.
		Median Sale Price Last May, the median sale price for Bethesda and Cabin John Homes was $1,292,500. This May, the median sale price was $1,296,000, which is similar compared to a year ago. The current median sold price is 6% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 124	Current Contracts 121	Sold Vs. List Price 100.7%	Months of Supply 2.3

Up 2% Vs. Year Ago	Up 11% Vs. Year Ago	Down -2.3% Vs. Year Ago	Up 45% Vs. Year Ago


		Months of Supply In May, there was 2.3 months of supply available in Bethesda and Cabin John, compared to 1.6 in May 2024. That is an increase of 45% 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 124 homes newly listed for sale in Bethesda and Cabin John compared to 121 in May 2024, an increase of 2%. There were 121 current contracts pending sale this May compared to 109 a year ago. The number of current contracts is 11% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Bethesda and Cabin John was 100.7% of the average list price, which is 2.4% lower than at this time last year. Days on Market This month, the average number of days on market was 17, which is similar compared to a year ago.


	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.
	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.