CHEVY CHASE MD HOUSING MARKET DATA

There was a decrease in total units sold in July, with 32 sold this month in Chevy Chase MD Real Estate versus 48 last month, a decrease of 33%. This month's total units sold was lower than at this time last year, a decrease of 30% versus July 2024.

Versus last year, the total number of homes available this month is higher by 31 units or 38%. The total number of active inventory this July was 112 compared to 81 in July 2024. This month's total of 112 is lower than the previous month's total supply of available inventory of 138, a decrease of 19%.

Last July, the median sale price for Chevy Chase MD Homes was $1,300,000. This July, the median sale price was $1,340,750, an increase of 3% or $40,750 compared to last year. The current median sold price is 4% higher than in June.

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

In July, there was 3.5 months of supply available in Chevy Chase MD, compared to 1.8 in July 2024. That is an increase of 99% 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 37 homes newly listed for sale in Chevy Chase MD compared to 34 in July 2024, an increase of 9%. There were 25 current contracts pending sale this July compared to 33 a year ago. The number of current contracts is 24% lower than last July.

In July, the average sale price in Chevy Chase MD was 96.9% of the average list price, which is 3.3% lower than at this time last year.

This month, the average number of days on market was 31, lower than the average last year, which was 40, a decrease of 23%.





FOCUS ON: CHEVY CHASE MD HOUSING MARKET			JULY 2025

Zip Code(s): 20815
Units Sold 32	Active Inventory 112	Median Sale Price $1,340,750	Days On Market 31

Down -30% Vs. Year Ago	Up 38% Vs. Year Ago	Up 3% Vs. Year Ago	Down -22% Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 32 sold this month in Chevy Chase MD Real Estate versus 48 last month, a decrease of 33%. This month's total units sold was lower than at this time last year, a decrease of 30% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 31 units or 38%. The total number of active inventory this July was 112 compared to 81 in July 2024. This month's total of 112 is lower than the previous month's total supply of available inventory of 138, a decrease of 19%.
		Median Sale Price Last July, the median sale price for Chevy Chase MD Homes was $1,300,000. This July, the median sale price was $1,340,750, an increase of 3% or $40,750 compared to last year. The current median sold price is 4% higher than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 37	Current Contracts 25	Sold Vs. List Price 96.9%	Months of Supply 3.5

Up 9% Vs. Year Ago	Down -24% Vs. Year Ago	Down -3.3% Vs. Year Ago	Up 99% Vs. Year Ago


		Months of Supply In July, there was 3.5 months of supply available in Chevy Chase MD, compared to 1.8 in July 2024. That is an increase of 99% 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 37 homes newly listed for sale in Chevy Chase MD compared to 34 in July 2024, an increase of 9%. There were 25 current contracts pending sale this July compared to 33 a year ago. The number of current contracts is 24% lower than last July.
		Sale Price to List Price Ratio In July, the average sale price in Chevy Chase MD was 96.9% of the average list price, which is 3.3% lower than at this time last year. Days on Market This month, the average number of days on market was 31, lower than the average last year, which was 40, a decrease of 23%.


	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.