GERMANTOWN HOUSING MARKET DATA

There was a decrease in total units sold in February, with 43 sold this month in Germantown Real Estate versus 44 last month, a decrease of 2%. This month's total units sold was lower than at this time last year, a decrease of 31% versus February 2024.

Versus last year, the total number of homes available this month is higher by 15 units or 21%. The total number of active inventory this February was 86 compared to 71 in February 2024. This month's supply remained stable as compared to last month.

Last February, the median sale price for Germantown Homes was $427,500. This February, the median sale price was $370,635, a decrease of 13% or $56,865 compared to last year. The current median sold price is 12% lower 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 2.0 months of supply available in Germantown, compared to 1.1 in February 2024. That is an increase of 75% 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 72 homes newly listed for sale in Germantown compared to 68 in February 2024, an increase of 6%. There were 64 current contracts pending sale this February compared to 49 a year ago. The number of current contracts is 31% higher than last February.

In February, the average sale price in Germantown was 100.7% of the average list price, which is 0.8% lower than at this time last year.

This month, the average number of days on market was 31, higher than the average last year, which was 18, an increase of 72%.





FOCUS ON: GERMANTOWN HOUSING MARKET			FEBRUARY 2025

Zip Code(s): 20874 and 20876
Units Sold 43	Active Inventory 86	Median Sale Price $370,635	Days On Market 31

Down -31% Vs. Year Ago	Up 21% Vs. Year Ago	Down -13% Vs. Year Ago	Up 72% Vs. Year Ago


		Units Sold There was a decrease in total units sold in February, with 43 sold this month in Germantown Real Estate versus 44 last month, a decrease of 2%. This month's total units sold was lower than at this time last year, a decrease of 31% versus February 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 15 units or 21%. The total number of active inventory this February was 86 compared to 71 in February 2024. This month's supply remained stable as compared to last month.
		Median Sale Price Last February, the median sale price for Germantown Homes was $427,500. This February, the median sale price was $370,635, a decrease of 13% or $56,865 compared to last year. The current median sold price is 12% lower 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 72	Current Contracts 64	Sold Vs. List Price 100.7%	Months of Supply 2.0

Up 6% Vs. Year Ago	Up 31% Vs. Year Ago	Down -0.8% Vs. Year Ago	Up 74% Vs. Year Ago


		Months of Supply In February, there was 2.0 months of supply available in Germantown, compared to 1.1 in February 2024. That is an increase of 75% 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 72 homes newly listed for sale in Germantown compared to 68 in February 2024, an increase of 6%. There were 64 current contracts pending sale this February compared to 49 a year ago. The number of current contracts is 31% higher than last February.
		Sale Price to List Price Ratio In February, the average sale price in Germantown was 100.7% of the average list price, which is 0.8% lower than at this time last year. Days on Market This month, the average number of days on market was 31, higher than the average last year, which was 18, an increase of 72%.


	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.
	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.