BURTONSVILLE, SPENCERVILLE, AND NORTHERN SILVER SPRING HOUSING MARKET DATA

The number of units sold remained stable in September, with 33 sold this month in Burtonsville, Spencerville, and Northern Silver Spring Real Estate. This month's total units sold was higher than at this time last year, an increase of 80% versus September 2024.

Versus last year, the total number of homes available this month is higher by 25 units or 100%. The total number of active inventory this September was 50 compared to 25 in September 2024. This month's total of 50 is lower than the previous month's total supply of available inventory of 62, a decrease of 19%.

Last September, the median sale price for Burtonsville, Spencerville, and Northern Silver Spring Homes was $625,000. This September, the median sale price was approximately the same at $625,000. The current median sold price is also similar to the median price 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 1.5 months of supply available in Burtonsville, Spencerville, and Northern Silver Spring, compared to 1.3 in September 2024. That is an increase of 15% 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 27 homes newly listed for sale in Burtonsville, Spencerville, and Northern Silver Spring compared to 15 in September 2024, an increase of 80%. There were 32 current contracts pending sale this September compared to 10 a year ago. The number of current contracts is 220% higher than last September.

In September, the average sale price in Burtonsville, Spencerville, and Northern Silver Spring was 99.7% of the average list price, which is 1.6% lower than at this time last year.

This month, the average number of days on market was 26, higher than the average last year, which was 13. This increase was impacted by the limited number of sales.





FOCUS ON: BURTONSVILLE, SPENCERVILLE, AND NORTHERN SILVER SPRING HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 20866, 20868 and 20905
Units Sold 33	Active Inventory 50	Median Sale Price $625,000	Days On Market 26

Up 74% Vs. Year Ago	Up 100% Vs. Year Ago	No Change Vs. Year Ago	Up Vs. Year Ago


		Units Sold The number of units sold remained stable in September, with 33 sold this month in Burtonsville, Spencerville, and Northern Silver Spring Real Estate. This month's total units sold was higher than at this time last year, an increase of 80% versus September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 25 units or 100%. The total number of active inventory this September was 50 compared to 25 in September 2024. This month's total of 50 is lower than the previous month's total supply of available inventory of 62, a decrease of 19%.
		Median Sale Price Last September, the median sale price for Burtonsville, Spencerville, and Northern Silver Spring Homes was $625,000. This September, the median sale price was approximately the same at $625,000. The current median sold price is also similar to the median price 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 27	Current Contracts 32	Sold Vs. List Price 99.7%	Months of Supply 1.5

Up 80% Vs. Year Ago	Up 220% Vs. Year Ago	Down -1.6% Vs. Year Ago	Up 15% Vs. Year Ago


		Months of Supply In September, there was 1.5 months of supply available in Burtonsville, Spencerville, and Northern Silver Spring, compared to 1.3 in September 2024. That is an increase of 15% 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 27 homes newly listed for sale in Burtonsville, Spencerville, and Northern Silver Spring compared to 15 in September 2024, an increase of 80%. There were 32 current contracts pending sale this September compared to 10 a year ago. The number of current contracts is 220% higher than last September.
		Sale Price to List Price Ratio In September, the average sale price in Burtonsville, Spencerville, and Northern Silver Spring was 99.7% of the average list price, which is 1.6% lower than at this time last year. Days on Market This month, the average number of days on market was 26, higher than the average last year, which was 13. This increase was impacted by the limited number of sales.


	Burtonsville, Spencerville, and Northern Silver Spring are defined as properties listed in zip code/s 20866, 20868 and 20905.
	*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.