FORT WASHINGTON AND ACCOKEEK HOUSING MARKET DATA

With relatively few transactions, there was a decrease in total units sold in February, with 34 sold this month in Fort Washington and Accokeek Real Estate. This month's total units sold was lower than at this time last year, a decrease from February 2024.

Versus last year, the total number of homes available this month is lower by 33 units or 27%. The total number of active inventory this February was 88 compared to 121 in February 2024. This month's total of 88 is lower than the previous month's total supply of available inventory of 119, a decrease of 26%.

Last February, the median sale price for Fort Washington and Accokeek Homes was $465,000. This February, the median sale price was $550,000, an increase of 18% or $85,000 compared to last year. The current median sold price is 7% higher than in January.

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

In February, there was 2.6 months of supply available in Fort Washington and Accokeek, compared to 2.5 in February 2024. That is an increase of 5% 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 41 homes newly listed for sale in Fort Washington and Accokeek compared to 71 in February 2024, a decrease of 42%. There were 52 current contracts pending sale this February compared to 57 a year ago. The number of current contracts is 9% lower than last February.

In February, the average sale price in Fort Washington and Accokeek was 101.2% of the average list price, which is 1.3% higher than at this time last year.

This month, the average number of days on market was 33, lower than the average last year, which was 38, a decrease of 13%.





FOCUS ON: FORT WASHINGTON AND ACCOKEEK HOUSING MARKET			FEBRUARY 2025

Zip Code(s): 20744 and 20607
Units Sold 34	Active Inventory 88	Median Sale Price $550,000	Days On Market 33

Down Vs. Year Ago	Down -27% Vs. Year Ago	Up 18% Vs. Year Ago	Down -13% Vs. Year Ago


		Units Sold With relatively few transactions, there was a decrease in total units sold in February, with 34 sold this month in Fort Washington and Accokeek Real Estate. This month's total units sold was lower than at this time last year, a decrease from February 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 33 units or 27%. The total number of active inventory this February was 88 compared to 121 in February 2024. This month's total of 88 is lower than the previous month's total supply of available inventory of 119, a decrease of 26%.
		Median Sale Price Last February, the median sale price for Fort Washington and Accokeek Homes was $465,000. This February, the median sale price was $550,000, an increase of 18% or $85,000 compared to last year. The current median sold price is 7% higher than in January. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 41	Current Contracts 52	Sold Vs. List Price 101.2%	Months of Supply 2.6

Down -42% Vs. Year Ago	Down -9% Vs. Year Ago	Up 1.3% Vs. Year Ago	Up 5% Vs. Year Ago


		Months of Supply In February, there was 2.6 months of supply available in Fort Washington and Accokeek, compared to 2.5 in February 2024. That is an increase of 5% 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 41 homes newly listed for sale in Fort Washington and Accokeek compared to 71 in February 2024, a decrease of 42%. There were 52 current contracts pending sale this February compared to 57 a year ago. The number of current contracts is 9% lower than last February.
		Sale Price to List Price Ratio In February, the average sale price in Fort Washington and Accokeek was 101.2% of the average list price, which is 1.3% higher than at this time last year. Days on Market This month, the average number of days on market was 33, lower than the average last year, which was 38, a decrease of 13%.


	Fort Washington and Accokeek are defined as properties listed in zip code/s 20744 and 20607.
	*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.