NORTH ROCKVILLE HOUSING MARKET DATA

There was a decrease in total units sold in June, with 45 sold this month in North Rockville Real Estate versus 52 last month, a decrease of 13%. This month's total units sold was higher than at this time last year, an increase of 18% versus June 2024.

Versus last year, the total number of homes available this month is higher by 29 units or 36%. The total number of active inventory this June was 110 compared to 81 in June 2024. This month's total of 110 is lower than the previous month's total supply of available inventory of 125, a decrease of 12%.

Last June, the median sale price for North Rockville Homes was $719,000. This June, the median sale price was $585,000, a decrease of $134,000 compared to last year. The current median sold price is lower 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 2.4 months of supply available in North Rockville, compared to 2.1 in June 2024. That is an increase of 15% 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 48 homes newly listed for sale in North Rockville compared to 63 in June 2024, a decrease of 24%. There were 49 current contracts pending sale this June compared to 53 a year ago. The number of current contracts is 8% lower than last June.

In June, the average sale price in North Rockville was 99.0% of the average list price, which is 3.9% lower than at this time last year.

This month, the average number of days on market was 32, higher than the average last year, which was 13, an increase of 146%.





FOCUS ON: NORTH ROCKVILLE HOUSING MARKET			JUNE 2025

Zip Code(s): 20850
Units Sold 45	Active Inventory 110	Median Sale Price $585,000	Days On Market 32

Up 18% Vs. Year Ago	Up 36% Vs. Year Ago	Down -19% Vs. Year Ago	Up 146% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 45 sold this month in North Rockville Real Estate versus 52 last month, a decrease of 13%. This month's total units sold was higher than at this time last year, an increase of 18% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 29 units or 36%. The total number of active inventory this June was 110 compared to 81 in June 2024. This month's total of 110 is lower than the previous month's total supply of available inventory of 125, a decrease of 12%.
		Median Sale Price Last June, the median sale price for North Rockville Homes was $719,000. This June, the median sale price was $585,000, a decrease of $134,000 compared to last year. The current median sold price is lower 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 49	Sold Vs. List Price 99.0%	Months of Supply 2.4

Down -24% Vs. Year Ago	Down -8% Vs. Year Ago	Down -3.8% Vs. Year Ago	Up 15% Vs. Year Ago


		Months of Supply In June, there was 2.4 months of supply available in North Rockville, compared to 2.1 in June 2024. That is an increase of 15% 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 48 homes newly listed for sale in North Rockville compared to 63 in June 2024, a decrease of 24%. There were 49 current contracts pending sale this June compared to 53 a year ago. The number of current contracts is 8% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in North Rockville was 99.0% of the average list price, which is 3.9% lower than at this time last year. Days on Market This month, the average number of days on market was 32, higher than the average last year, which was 13, an increase of 146%.


	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.