MONTGOMERY VILLAGE HOUSING MARKET DATA

There was an increase in total units sold in June, with 40 sold this month in Montgomery Village Real Estate versus 32 last month, an increase of 25%. This month's total units sold was higher than at this time last year, an increase of 29% versus June 2024.

Versus last year, the total number of homes available this month is higher by 12 units or 22%. The total number of active inventory this June was 67 compared to 55 in June 2024. This month's total of 67 is lower than the previous month's total supply of available inventory of 74, a decrease of 9%.

Last June, the median sale price for Montgomery Village Homes was $366,000. This June, the median sale price was $444,000, an increase of 21% or $78,000 compared to last year. The current median sold price is 9% higher than in May.

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

In June, there was 1.7 months of supply available in Montgomery Village. The amount of supply is similar compared to 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 48 homes newly listed for sale in Montgomery Village compared to 49 in June 2024, a decrease of 2%. There were 47 current contracts pending sale this June compared to 36 a year ago. The number of current contracts is 31% higher than last June.

In June, the average sale price in Montgomery Village was 101.0% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 21, higher than the average last year, which was 17, an increase of 24%.





FOCUS ON: MONTGOMERY VILLAGE HOUSING MARKET			JUNE 2025

Zip Code(s): 20886
Units Sold 40	Active Inventory 67	Median Sale Price $444,000	Days On Market 21

Up 29% Vs. Year Ago	Up 22% Vs. Year Ago	Up 21% Vs. Year Ago	Up 24% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 40 sold this month in Montgomery Village Real Estate versus 32 last month, an increase of 25%. This month's total units sold was higher than at this time last year, an increase of 29% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 12 units or 22%. The total number of active inventory this June was 67 compared to 55 in June 2024. This month's total of 67 is lower than the previous month's total supply of available inventory of 74, a decrease of 9%.
		Median Sale Price Last June, the median sale price for Montgomery Village Homes was $366,000. This June, the median sale price was $444,000, an increase of 21% or $78,000 compared to last year. The current median sold price is 9% higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 48	Current Contracts 47	Sold Vs. List Price 101.0%	Months of Supply 1.7

Down -2% Vs. Year Ago	Up 31% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In June, there was 1.7 months of supply available in Montgomery Village. The amount of supply is similar compared to 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 48 homes newly listed for sale in Montgomery Village compared to 49 in June 2024, a decrease of 2%. There were 47 current contracts pending sale this June compared to 36 a year ago. The number of current contracts is 31% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Montgomery Village was 101.0% 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 21, higher than the average last year, which was 17, an increase of 24%.


	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.