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| JUNE 2025 | |||
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| Zip Code(s): 20815 | |||
| Units Sold 47 |
Active Inventory 124 |
Median Sale Price $1,287,750 |
Days On Market 24 |
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| Up Vs. Year Ago |
Up 28% Vs. Year Ago |
Down -25% Vs. Year Ago |
Up 4% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 47 sold this month in Chevy Chase MD Real Estate. This month's total units sold was higher than at this time last year. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 27 units or 28%. The total number of active inventory this June was 124 compared to 97 in June 2024. This month's total of 124 is lower than the previous month's total supply of available inventory of 151, a decrease of 18%. |
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Median Sale Price
Last June, the median sale price for Chevy Chase MD Homes was $1,719,100. This June, the median sale price was $1,287,750, a decrease of $431,350 compared to last year. The current median sold price is lower 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. |
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| New Listings 36 |
Current Contracts 35 |
Sold Vs. List Price 99.3% |
Months of Supply 2.6 |
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| Down -36% Vs. Year Ago |
Down -17% Vs. Year Ago |
Down -2.1% Vs. Year Ago |
Down -7% Vs. Year Ago |
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Months of Supply
In June, there was 2.6 months of supply available in Chevy Chase MD, compared to 2.9 in June 2024. That is a decrease of 8% 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 36 homes newly listed for sale in Chevy Chase MD compared to 56 in June 2024, a decrease of 36%. There were 35 current contracts pending sale this June compared to 42 a year ago. The number of current contracts is 17% lower than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Chevy Chase MD was 99.3% of the average list price, which is 2.1% lower than at this time last year. Days on Market
This month, the average number of days on market was 24, higher than the average last year, which was 23, an increase of 4%. | |||
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Chevy Chase MD are defined as properties listed in zip code/s 20815. | ||
| *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. |
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