CHEVY CHASE MD HOUSING MARKET DATA

There was a decrease in total units sold in August, with 32 sold this month in Chevy Chase MD Real Estate versus 33 last month, a decrease of 3%. This month's total units sold was higher than at this time last year, an increase of 23% versus August 2024.

Versus last year, the total number of homes available this month is higher by 6 units or 6%. The total number of active inventory this August was 101 compared to 95 in August 2024. This month's total of 101 is lower than the previous month's total supply of available inventory of 120, a decrease of 16%.

Last August, the median sale price for Chevy Chase MD Homes was $1,132,000. This August, the median sale price was $1,030,000, a decrease of 9% or $102,000 compared to last year. The current median sold price is 21% lower than in July.

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 3.2 months of supply available in Chevy Chase MD, compared to 3.7 in August 2024. That is a decrease of 14% 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 38 homes newly listed for sale in Chevy Chase MD compared to 47 in August 2024, a decrease of 19%. There were 32 current contracts pending sale this August compared to 23 a year ago. The number of current contracts is 39% higher than last August.

In August, the average sale price in Chevy Chase MD was 96.4% of the average list price, which is 2.1% lower than at this time last year.

This month, the average number of days on market was 53, higher than the average last year, which was 27. This increase was impacted by the limited number of sales.





FOCUS ON: CHEVY CHASE MD HOUSING MARKET			AUGUST 2025

Zip Code(s): 20815
Units Sold 32	Active Inventory 101	Median Sale Price $1,030,000	Days On Market 53

Up 23% Vs. Year Ago	Up 6% Vs. Year Ago	Down -9% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 32 sold this month in Chevy Chase MD Real Estate versus 33 last month, a decrease of 3%. This month's total units sold was higher than at this time last year, an increase of 23% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 6 units or 6%. The total number of active inventory this August was 101 compared to 95 in August 2024. This month's total of 101 is lower than the previous month's total supply of available inventory of 120, a decrease of 16%.
		Median Sale Price Last August, the median sale price for Chevy Chase MD Homes was $1,132,000. This August, the median sale price was $1,030,000, a decrease of 9% or $102,000 compared to last year. The current median sold price is 21% lower than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 38	Current Contracts 32	Sold Vs. List Price 96.4%	Months of Supply 3.2

Down -19% Vs. Year Ago	Up 39% Vs. Year Ago	Down -2.1% Vs. Year Ago	Down -13% Vs. Year Ago


		Months of Supply In August, there was 3.2 months of supply available in Chevy Chase MD, compared to 3.7 in August 2024. That is a decrease of 14% 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 38 homes newly listed for sale in Chevy Chase MD compared to 47 in August 2024, a decrease of 19%. There were 32 current contracts pending sale this August compared to 23 a year ago. The number of current contracts is 39% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Chevy Chase MD was 96.4% 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 53, higher than the average last year, which was 27. This increase was impacted by the limited number of sales.


	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.