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FOCUS ON: GERMANTOWN HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 20874 and 20876 |
Units Sold
74 |
Active Inventory
149 |
Median Sale Price
$430,000 |
Days On Market
19 |
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Up 1%
Vs. Year Ago |
Up 28%
Vs. Year Ago |
Up 2%
Vs. Year Ago |
Up 58%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 74 sold this month in Germantown Real Estate versus 79 last month, a decrease of 6%. This month's total units sold was higher than at this time last year, an increase of 1% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 33 units or 28%. The total number of active inventory this July was 149 compared to 116 in July 2024. This month's total of 149 is lower than the previous month's total supply of available inventory of 161, a decrease of 7%.
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Median Sale Price
Last July, the median sale price for Germantown Homes was $420,000. This July, the median sale price was $430,000, an increase of 2% or $10,000 compared to last year. The current median sold price is 1% lower 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.
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New Listings
84 |
Current Contracts
69 |
Sold Vs. List Price
99.4% |
Months of Supply
2.0 |
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Down -15%
Vs. Year Ago |
Down -10%
Vs. Year Ago |
Down -2%
Vs. Year Ago |
Up 26%
Vs. Year Ago |
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Months of Supply
In July, there was 2.0 months of supply available in Germantown, compared to 1.6 in July 2024. That is an increase of 27% 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.
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New Listings & Current Contracts
This month there were 84 homes newly listed for sale in Germantown compared to 99 in July 2024, a decrease of 15%. There were 69 current contracts pending sale this July compared to 77 a year ago. The number of current contracts is 10% lower than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Germantown was 99.4% of the average list price, which is 2.1% 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 12, an increase of 58%.
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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. |