The Long & Foster Market Minute

FOCUS ON: GERMANTOWN HOUSING MARKET MAY 2025

Zip Code(s): 20874 and 20876
Units Sold
77
Active Inventory
130
Median Sale Price
$417,000
Days On Market
19
Up 8%
Vs. Year Ago
Up 43%
Vs. Year Ago
No Change
Vs. Year Ago
Up 36%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in May, with 77 sold this month in Germantown Real Estate versus 84 last month, a decrease of 8%. This month's total units sold was higher than at this time last year, an increase of 8% versus May 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 39 units or 43%. The total number of active inventory this May was 130 compared to 91 in May 2024. This month's total of 130 is lower than the previous month's total supply of available inventory of 135, a decrease of 4%.

Median Sale Price
Last May, the median sale price for Germantown Homes was $415,000. This May, the median sale price was $417,000, which is similar compared to a year ago. The current median sold price is 7% higher than in April.

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


New Listings
87
Current Contracts
77
Sold Vs. List Price
100.2%
Months of Supply
1.7
Down -17%
Vs. Year Ago
Down -11%
Vs. Year Ago
Down -1.5%
Vs. Year Ago
Up 32%
Vs. Year Ago

Months of Supply
In May, there was 1.7 months of supply available in Germantown, compared to 1.3 in May 2024. That is an increase of 32% 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 87 homes newly listed for sale in Germantown compared to 105 in May 2024, a decrease of 17%. There were 77 current contracts pending sale this May compared to 87 a year ago. The number of current contracts is 11% lower than last May.

Sale Price to List Price Ratio
In May, the average sale price in Germantown was 100.2% of the average list price, which is 1.5% lower than at this time last year.

Days on Market
This month, the average number of days on market was 19, higher than the average last year, which was 14, an increase of 36%.

The Long & Foster Market Minute Germantown are defined as properties listed in zip code/s 20874 and 20876.
*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.
REALTOR, Equal Opportunity HousingInformation 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.