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| FOCUS ON: LA PLATA, INDIAN HEAD, AND BRYANS ROAD HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 20646, 20640, 20616, 20658, 20677, 20662, 20693 and 20675 |
Units Sold
61 |
Active Inventory
200 |
Median Sale Price
$460,000 |
Days On Market
31 |
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Down -12%
Vs. Year Ago |
Up 43%
Vs. Year Ago |
Up 11%
Vs. Year Ago |
Up 11%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 61 sold this month in La Plata, Indian Head, and Bryans Road Real Estate versus 76 last month, a decrease of 20%. This month's total units sold was lower than at this time last year, a decrease of 12% versus September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 60 units or 43%. The total number of active inventory this September was 200 compared to 140 in September 2024. This month's total of 200 is lower than the previous month's total supply of available inventory of 208, a decrease of 4%.
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Median Sale Price
Last September, the median sale price for La Plata, Indian Head, and Bryans Road Homes was $413,390. This September, the median sale price was $460,000, an increase of 11% or $46,610 compared to last year. The current median sold price is 2% higher than in August.
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
85 |
Current Contracts
72 |
Sold Vs. List Price
100.0% |
Months of Supply
3.3 |
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Up 2%
Vs. Year Ago |
Up 20%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 62%
Vs. Year Ago |
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Months of Supply
In September, there was 3.3 months of supply available in La Plata, Indian Head, and Bryans Road, compared to 2.0 in September 2024. That is an increase of 62% 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 85 homes newly listed for sale in La Plata, Indian Head, and Bryans Road compared to 83 in September 2024, an increase of 2%. There were 72 current contracts pending sale this September compared to 60 a year ago. The number of current contracts is 20% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in La Plata, Indian Head, and Bryans Road was 100.0% of the average list price, which is similar compared to a year ago.
Days on Market
This month, the average number of days on market was 31, higher than the average last year, which was 28, an increase of 11%.
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La Plata, Indian Head, and Bryans Road are defined as properties listed in zip code/s 20646, 20640, 20616, 20658, 20677, 20662, 20693 and 20675. |
| *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. |