NORTH ROCKVILLE HOUSING MARKET DATA

There was a decrease in total units sold in August, with 49 sold this month in North Rockville Real Estate versus 55 last month, a decrease of 11%. This month's total units sold was higher than at this time last year, an increase of 23% versus August 2024.

Versus last year, the total number of homes available this month is higher by 34 units or 43%. The total number of active inventory this August was 113 compared to 79 in August 2024. This month's supply remained stable as compared to last month.

Last August, the median sale price for North Rockville Homes was $630,000. This August, the median sale price was $631,940, which is similar compared to a year ago. The current median sold price is 13% higher 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 2.3 months of supply available in North Rockville, compared to 2.0 in August 2024. That is an increase of 17% 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 60 homes newly listed for sale in North Rockville compared to 51 in August 2024, an increase of 18%. There were 39 current contracts pending sale this August compared to 35 a year ago. The number of current contracts is 11% higher than last August.

In August, the average sale price in North Rockville was 99.7% of the average list price, which is 1.6% lower than at this time last year.

This month, the average number of days on market was 24, higher than the average last year, which was 14, an increase of 71%.





FOCUS ON: NORTH ROCKVILLE HOUSING MARKET			AUGUST 2025

Zip Code(s): 20850
Units Sold 49	Active Inventory 113	Median Sale Price $631,940	Days On Market 24

Up 23% Vs. Year Ago	Up 43% Vs. Year Ago	No Change Vs. Year Ago	Up 71% Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 49 sold this month in North Rockville Real Estate versus 55 last month, a decrease of 11%. This month's total units sold was higher than at this time last year, an increase of 23% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 34 units or 43%. The total number of active inventory this August was 113 compared to 79 in August 2024. This month's supply remained stable as compared to last month.
		Median Sale Price Last August, the median sale price for North Rockville Homes was $630,000. This August, the median sale price was $631,940, which is similar compared to a year ago. The current median sold price is 13% higher 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 60	Current Contracts 39	Sold Vs. List Price 99.7%	Months of Supply 2.3

Up 18% Vs. Year Ago	Up 11% Vs. Year Ago	Down -1.6% Vs. Year Ago	Up 17% Vs. Year Ago


		Months of Supply In August, there was 2.3 months of supply available in North Rockville, compared to 2.0 in August 2024. That is an increase of 17% 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 60 homes newly listed for sale in North Rockville compared to 51 in August 2024, an increase of 18%. There were 39 current contracts pending sale this August compared to 35 a year ago. The number of current contracts is 11% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in North Rockville was 99.7% 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 24, higher than the average last year, which was 14, an increase of 71%.


	North Rockville are defined as properties listed in zip code/s 20850 .
	*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.