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| FOCUS ON: BOWIE HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 20715, 20716, 20720 and 20721 |
Units Sold
104 |
Active Inventory
234 |
Median Sale Price
$501,500 |
Days On Market
33 |
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Down -6%
Vs. Year Ago |
Up 65%
Vs. Year Ago |
Down -5%
Vs. Year Ago |
Up 83%
Vs. Year Ago |
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Units Sold
The number of units sold remained stable in September, with 104 sold this month in Bowie Real Estate. This month's total units sold was lower than at this time last year, a decrease of 13% versus September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 92 units or 65%. The total number of active inventory this September was 234 compared to 142 in September 2024. This month's total of 234 is lower than the previous month's total supply of available inventory of 279, a decrease of 16%.
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Median Sale Price
Last September, the median sale price for Bowie Homes was $530,000. This September, the median sale price was approximately the same at $501,500. The current median sold price is 5% lower than in September 2024.
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
112 |
Sold Vs. List Price
100.0% |
Months of Supply
2.3 |
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Up 13%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
Down -0.8%
Vs. Year Ago |
Up 76%
Vs. Year Ago |
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Months of Supply
In September, there was 2.3 months of supply available in Bowie, compared to 1.3 in September 2024. That is an increase of 76% 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 Bowie compared to 105 in September 2024, an increase of 13%. There were 112 current contracts pending sale this September compared to 100 a year ago. The number of current contracts is 12% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Bowie was 100.0% of the average list price, which is 0.8% lower than at this time last year.
Days on Market
This month, the average number of days on market was 33, higher than the average last year, which was 18, an increase of 83%.
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Bowie are defined as properties listed in zip code/s 20715, 20716, 20720 and 20721. |
| *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. |