LA PLATA, INDIAN HEAD, AND BRYANS ROAD HOUSING MARKET DATA

There was an increase in total units sold in May, with 82 sold this month in La Plata, Indian Head, and Bryans Road Real Estate. This month's total units sold was higher than at this time last year.

Versus last year, the total number of homes available this month is higher by 11 units or 7%. The total number of active inventory this May was 175 compared to 164 in May 2024. This month's total of 175 is lower than the previous month's total supply of available inventory of 222, a decrease of 21%.

Last May, the median sale price for La Plata, Indian Head, and Bryans Road Homes was $449,990. This May, the median sale price was $450,000, which is similar compared to a year ago. The current median sold price is 2% 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.

In May, there was 2.1 months of supply available in La Plata, Indian Head, and Bryans Road, compared to 2.3 in May 2024. That is a decrease of 8% 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 98 homes newly listed for sale in La Plata, Indian Head, and Bryans Road compared to 122 in May 2024, a decrease of 20%. There were 113 current contracts pending sale this May compared to 80 a year ago. The number of current contracts is 41% higher than last May.

In May, the average sale price in La Plata, Indian Head, and Bryans Road was 99.7% of the average list price, which is 1.7% higher than at this time last year.

This month, the average number of days on market was 38, higher than the average last year, which was 23, an increase of 65%.





FOCUS ON: LA PLATA, INDIAN HEAD, AND BRYANS ROAD HOUSING MARKET			MAY 2025

Zip Code(s): 20646, 20640, 20616, 20658, 20677, 20662, 20693 and 20675
Units Sold 82	Active Inventory 175	Median Sale Price $450,000	Days On Market 38

Up 15% Vs. Year Ago	Up 7% Vs. Year Ago	No Change Vs. Year Ago	Up 65% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 82 sold this month in La Plata, Indian Head, and Bryans Road Real Estate. This month's total units sold was higher than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is higher by 11 units or 7%. The total number of active inventory this May was 175 compared to 164 in May 2024. This month's total of 175 is lower than the previous month's total supply of available inventory of 222, a decrease of 21%.
		Median Sale Price Last May, the median sale price for La Plata, Indian Head, and Bryans Road Homes was $449,990. This May, the median sale price was $450,000, which is similar compared to a year ago. The current median sold price is 2% 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 98	Current Contracts 113	Sold Vs. List Price 99.7%	Months of Supply 2.1

Down -20% Vs. Year Ago	Up 41% Vs. Year Ago	Up 1.7% Vs. Year Ago	Down -8% Vs. Year Ago


		Months of Supply In May, there was 2.1 months of supply available in La Plata, Indian Head, and Bryans Road, compared to 2.3 in May 2024. That is a decrease of 8% 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 98 homes newly listed for sale in La Plata, Indian Head, and Bryans Road compared to 122 in May 2024, a decrease of 20%. There were 113 current contracts pending sale this May compared to 80 a year ago. The number of current contracts is 41% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in La Plata, Indian Head, and Bryans Road was 99.7% of the average list price, which is 1.7% higher than at this time last year. Days on Market This month, the average number of days on market was 38, higher than the average last year, which was 23, an increase of 65%.


	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.