GAITHERSBURG HOUSING MARKET DATA

There was a decrease in total units sold in July, with 125 sold this month in Gaithersburg Real Estate versus 132 last month, a decrease of 5%. This month's total units sold was higher than at this time last year, an increase of 6% versus July 2024.

Versus last year, the total number of homes available this month is higher by 70 units or 43%. The total number of active inventory this July was 233 compared to 163 in July 2024. This month's total of 233 is lower than the previous month's total supply of available inventory of 273, a decrease of 15%.

Last July, the median sale price for Gaithersburg Homes was $608,380. This July, the median sale price was $675,000, an increase of 11% or $66,620 compared to last year. The current median sold price is 13% 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 1.9 months of supply available in Gaithersburg, compared to 1.4 in July 2024. That is an increase of 35% 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 117 homes newly listed for sale in Gaithersburg compared to 133 in July 2024, a decrease of 12%. There were 118 current contracts pending sale this July compared to 124 a year ago. The number of current contracts remained stable as compared to last July.

In July, the average sale price in Gaithersburg was 99.5% of the average list price, which is 2.0% lower than at this time last year.

This month, the average number of days on market was 23, higher than the average last year, which was 19, an increase of 21%.





FOCUS ON: GAITHERSBURG HOUSING MARKET			JULY 2025

Zip Code(s): 20877, 20878, 20879, 20882, 20880 and 20899
Units Sold 125	Active Inventory 233	Median Sale Price $675,000	Days On Market 23

Up 6% Vs. Year Ago	Up 43% Vs. Year Ago	Up 11% Vs. Year Ago	Up 21% Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 125 sold this month in Gaithersburg Real Estate versus 132 last month, a decrease of 5%. This month's total units sold was higher than at this time last year, an increase of 6% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 70 units or 43%. The total number of active inventory this July was 233 compared to 163 in July 2024. This month's total of 233 is lower than the previous month's total supply of available inventory of 273, a decrease of 15%.
		Median Sale Price Last July, the median sale price for Gaithersburg Homes was $608,380. This July, the median sale price was $675,000, an increase of 11% or $66,620 compared to last year. The current median sold price is 13% 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 117	Current Contracts 118	Sold Vs. List Price 99.5%	Months of Supply 1.9

Down -12% Vs. Year Ago	Down -5% Vs. Year Ago	Down -2% Vs. Year Ago	Up 35% Vs. Year Ago


		Months of Supply In July, there was 1.9 months of supply available in Gaithersburg, compared to 1.4 in July 2024. That is an increase of 35% 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 117 homes newly listed for sale in Gaithersburg compared to 133 in July 2024, a decrease of 12%. There were 118 current contracts pending sale this July compared to 124 a year ago. The number of current contracts remained stable as compared to last July.
		Sale Price to List Price Ratio In July, the average sale price in Gaithersburg was 99.5% of the average list price, which is 2.0% lower than at this time last year. Days on Market This month, the average number of days on market was 23, higher than the average last year, which was 19, an increase of 21%.


	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.