BOWIE HOUSING MARKET DATA

There was a decrease in total units sold in August, with 97 sold this month in Bowie Real Estate versus 113 last month, a decrease of 14%. This month's total units sold was lower than at this time last year, a decrease of 6% versus August 2024.

Versus last year, the total number of homes available this month is higher by 73 units or 40%. The total number of active inventory this August was 256 compared to 183 in August 2024. This month's total of 256 is lower than the previous month's total supply of available inventory of 292, a decrease of 12%.

Last August, the median sale price for Bowie Homes was $515,000. This August, the median sale price was approximately the same at $500,000. The current median sold price is 3% lower than in August 2024.

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

In August, there was 2.6 months of supply available in Bowie, compared to 1.8 in August 2024. That is an increase of 49% 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 105 homes newly listed for sale in Bowie compared to 138 in August 2024, a decrease of 24%. There were 106 current contracts pending sale this August compared to 149 a year ago. The number of current contracts is 29% lower than last August.

In August, the average sale price in Bowie was 99.8% of the average list price, which is 1.1% lower than at this time last year.

This month, the average number of days on market was 30, higher than the average last year, which was 15, an increase of 100%.





FOCUS ON: BOWIE HOUSING MARKET			AUGUST 2025

Zip Code(s): 20715, 20716, 20720 and 20721
Units Sold 97	Active Inventory 256	Median Sale Price $500,000	Days On Market 30

Down -6% Vs. Year Ago	Up 40% Vs. Year Ago	Down -3% Vs. Year Ago	Up 100% Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 97 sold this month in Bowie Real Estate versus 113 last month, a decrease of 14%. This month's total units sold was lower than at this time last year, a decrease of 6% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 73 units or 40%. The total number of active inventory this August was 256 compared to 183 in August 2024. This month's total of 256 is lower than the previous month's total supply of available inventory of 292, a decrease of 12%.
		Median Sale Price Last August, the median sale price for Bowie Homes was $515,000. This August, the median sale price was approximately the same at $500,000. The current median sold price is 3% lower than in August 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 105	Current Contracts 106	Sold Vs. List Price 99.8%	Months of Supply 2.6

Down -24% Vs. Year Ago	Down -29% Vs. Year Ago	Down -1.1% Vs. Year Ago	Up 48% Vs. Year Ago


		Months of Supply In August, there was 2.6 months of supply available in Bowie, compared to 1.8 in August 2024. That is an increase of 49% 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 105 homes newly listed for sale in Bowie compared to 138 in August 2024, a decrease of 24%. There were 106 current contracts pending sale this August compared to 149 a year ago. The number of current contracts is 29% lower than last August.
		Sale Price to List Price Ratio In August, the average sale price in Bowie was 99.8% of the average list price, which is 1.1% lower than at this time last year. Days on Market This month, the average number of days on market was 30, higher than the average last year, which was 15, an increase of 100%.


	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.