The Long & Foster Market Minute

FOCUS ON: HYATTSVILLE, BRENTWOOD, BLADENSBURG, AND MOUNT RAINIER HOUSING MARKET MAY 2025

Zip Code(s): 20781, 20782, 20783, 20784, 20785, 20710, 20712, 20722, 20770, 20769, 20706, 20740 and 20737
Units Sold
158
Active Inventory
438
Median Sale Price
$423,500
Days On Market
35
Down -25%
Vs. Year Ago
Up 10%
Vs. Year Ago
Down -2%
Vs. Year Ago
Up 75%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in May, with 158 sold this month in Hyattsville, Brentwood, Bladensburg, and Mount Rainier Real Estate versus 164 last month, a decrease of 4%. This month's total units sold was lower than at this time last year, a decrease of 25% versus May 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 41 units or 10%. The total number of active inventory this May was 438 compared to 397 in May 2024. This month's total of 438 is lower than the previous month's total supply of available inventory of 442, a decrease of 1%.

Median Sale Price
Last May, the median sale price for Hyattsville, Brentwood, Bladensburg, and Mount Rainier Homes was $430,000. This May, the median sale price was $423,500, a decrease of 2% or $6,500 compared to last year. The current median sold price is 8% lower 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
262
Current Contracts
196
Sold Vs. List Price
99.8%
Months of Supply
2.8
Down -17%
Vs. Year Ago
Down -7%
Vs. Year Ago
Down -1.5%
Vs. Year Ago
Up 48%
Vs. Year Ago

Months of Supply
In May, there was 2.8 months of supply available in Hyattsville, Brentwood, Bladensburg, and Mount Rainier, compared to 1.9 in May 2024. That is an increase of 48% 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 262 homes newly listed for sale in Hyattsville, Brentwood, Bladensburg, and Mount Rainier compared to 314 in May 2024, a decrease of 17%. There were 196 current contracts pending sale this May compared to 211 a year ago. The number of current contracts is 7% lower than last May.

Sale Price to List Price Ratio
In May, the average sale price in Hyattsville, Brentwood, Bladensburg, and Mount Rainier was 99.8% of the average list price, which is 1.6% lower than at this time last year.

Days on Market
This month, the average number of days on market was 35, higher than the average last year, which was 20, an increase of 75%.

The Long & Foster Market Minute Hyattsville, Brentwood, Bladensburg, and Mount Rainier are defined as properties listed in zip code/s 20781, 20782, 20783, 20784, 20785, 20710, 20712, 20722, 20770, 20769, 20706, 20740 and 20737.
*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.