GAITHERSBURG HOUSING MARKET DATA

There was a decrease in total units sold in August, with 108 sold this month in Gaithersburg Real Estate versus 126 last month, a decrease of 14%. This month's total units sold was lower than at this time last year, a decrease of 14% versus August 2024.

Versus last year, the total number of homes available this month is higher by 48 units or 27%. The total number of active inventory this August was 223 compared to 175 in August 2024. This month's total of 223 is lower than the previous month's total supply of available inventory of 270, a decrease of 17%.

Last August, the median sale price for Gaithersburg Homes was $577,500. This August, the median sale price was $614,000, an increase of 6% or $36,500 compared to last year. The current median sold price is 8% 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 2.1 months of supply available in Gaithersburg, compared to 1.4 in August 2024. That is an increase of 49% 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 95 homes newly listed for sale in Gaithersburg compared to 144 in August 2024, a decrease of 34%. There were 105 current contracts pending sale this August compared to 103 a year ago. The number of current contracts is 2% higher than last August.

In August, the average sale price in Gaithersburg was 99.1% of the average list price, which is 2.8% lower than at this time last year.

This month, the average number of days on market was 27, higher than the average last year, which was 17, an increase of 59%.





FOCUS ON: GAITHERSBURG HOUSING MARKET			AUGUST 2025

Zip Code(s): 20877, 20878, 20879, 20882, 20880 and 20899
Units Sold 108	Active Inventory 223	Median Sale Price $614,000	Days On Market 27

Down -14% Vs. Year Ago	Up 27% Vs. Year Ago	Up 6% Vs. Year Ago	Up 59% Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 108 sold this month in Gaithersburg Real Estate versus 126 last month, a decrease of 14%. This month's total units sold was lower than at this time last year, a decrease of 14% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 48 units or 27%. The total number of active inventory this August was 223 compared to 175 in August 2024. This month's total of 223 is lower than the previous month's total supply of available inventory of 270, a decrease of 17%.
		Median Sale Price Last August, the median sale price for Gaithersburg Homes was $577,500. This August, the median sale price was $614,000, an increase of 6% or $36,500 compared to last year. The current median sold price is 8% 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 95	Current Contracts 105	Sold Vs. List Price 99.1%	Months of Supply 2.1

Down -34% Vs. Year Ago	Up 2% Vs. Year Ago	Down -2.7% Vs. Year Ago	Up 48% Vs. Year Ago


		Months of Supply In August, there was 2.1 months of supply available in Gaithersburg, compared to 1.4 in August 2024. That is an increase of 49% 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 95 homes newly listed for sale in Gaithersburg compared to 144 in August 2024, a decrease of 34%. There were 105 current contracts pending sale this August compared to 103 a year ago. The number of current contracts is 2% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Gaithersburg was 99.1% of the average list price, which is 2.8% lower than at this time last year. Days on Market This month, the average number of days on market was 27, higher than the average last year, which was 17, an increase of 59%.


	Gaithersburg are defined as properties listed in zip code/s 20877, 20878, 20879, 20882, 20880 and 20899.
	*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.