MONTGOMERY VILLAGE HOUSING MARKET DATA

With relatively few transactions, there was a decrease in total units sold in August, with 31 sold this month in Montgomery Village Real Estate. This month's total units sold was lower than at this time last year, a decrease from August 2024.

Versus last year, the total number of homes available this month is higher by 15 units or 31%. The total number of active inventory this August was 64 compared to 49 in August 2024. This month's total of 64 is lower than the previous month's total supply of available inventory of 80, a decrease of 20%.

Last August, the median sale price for Montgomery Village Homes was $400,000. This August, the median sale price was $406,000, an increase of 2% or $6,000 compared to last year. The current median sold price is 4% lower than in July.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In August, there was 2.1 months of supply available in Montgomery Village, compared to 1.3 in August 2024. That is an increase of 64% 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 37 homes newly listed for sale in Montgomery Village compared to 39 in August 2024, a decrease of 5%. There were 39 current contracts pending sale this August compared to 29 a year ago. The number of current contracts is 34% higher than last August.

In August, the average sale price in Montgomery Village was 99.5% of the average list price, which is 1.3% lower than at this time last year.

This month, the average number of days on market was 26, higher than the average last year, which was 20, an increase of 30%.





FOCUS ON: MONTGOMERY VILLAGE HOUSING MARKET			AUGUST 2025

Zip Code(s): 20886
Units Sold 31	Active Inventory 64	Median Sale Price $406,000	Days On Market 26

Down Vs. Year Ago	Up 31% Vs. Year Ago	Up 1% Vs. Year Ago	Up 30% Vs. Year Ago


		Units Sold With relatively few transactions, there was a decrease in total units sold in August, with 31 sold this month in Montgomery Village Real Estate. This month's total units sold was lower than at this time last year, a decrease from August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 15 units or 31%. The total number of active inventory this August was 64 compared to 49 in August 2024. This month's total of 64 is lower than the previous month's total supply of available inventory of 80, a decrease of 20%.
		Median Sale Price Last August, the median sale price for Montgomery Village Homes was $400,000. This August, the median sale price was $406,000, an increase of 2% or $6,000 compared to last year. The current median sold price is 4% lower than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 37	Current Contracts 39	Sold Vs. List Price 99.5%	Months of Supply 2.1

Down -5% Vs. Year Ago	Up 34% Vs. Year Ago	Down -1.3% Vs. Year Ago	Up 63% Vs. Year Ago


		Months of Supply In August, there was 2.1 months of supply available in Montgomery Village, compared to 1.3 in August 2024. That is an increase of 64% 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 37 homes newly listed for sale in Montgomery Village compared to 39 in August 2024, a decrease of 5%. There were 39 current contracts pending sale this August compared to 29 a year ago. The number of current contracts is 34% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Montgomery Village was 99.5% of the average list price, which is 1.3% lower than at this time last year. Days on Market This month, the average number of days on market was 26, higher than the average last year, which was 20, an increase of 30%.


	Montgomery Village are defined as properties listed in zip code/s 20886.
	*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.