OLNEY, DERWOOD, AND BROOKEVILLE HOUSING MARKET DATA

With relatively few transactions, there was a decrease in total units sold in September, with 39 sold this month in Olney, Derwood, and Brookeville Real Estate. This month's total units sold was higher than at this time last year, an increase from September 2024.

Versus last year, the total number of homes available this month is higher by 25 units or 37%. The total number of active inventory this September was 92 compared to 67 in September 2024. This month's total of 92 is lower than the previous month's total supply of available inventory of 96, a decrease of 4%.

Last September, the median sale price for Olney, Derwood, and Brookeville Homes was $642,500. This September, the median sale price was $710,000, an increase of 11% or $67,500 compared to last year. The current median sold price is 2% higher than in August.

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

In September, there was 2.4 months of supply available in Olney, Derwood, and Brookeville, compared to 2.6 in September 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 46 homes newly listed for sale in Olney, Derwood, and Brookeville compared to 42 in September 2024, an increase of 10%. There were 41 current contracts pending sale this September compared to 39 a year ago. The number of current contracts is 5% higher than last September.

In September, the average sale price in Olney, Derwood, and Brookeville was 98.5% of the average list price, which is 2.8% lower than at this time last year.

This month, the average number of days on market was 23, higher than the average last year, which was 14. This increase was impacted by the limited number of sales.





FOCUS ON: OLNEY, DERWOOD, AND BROOKEVILLE HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 20832, 20855, 20833, 20860, 20862 and 20861
Units Sold 39	Active Inventory 92	Median Sale Price $710,000	Days On Market 23

Up Vs. Year Ago	Up 37% Vs. Year Ago	Up 11% Vs. Year Ago	Up Vs. Year Ago


		Units Sold With relatively few transactions, there was a decrease in total units sold in September, with 39 sold this month in Olney, Derwood, and Brookeville Real Estate. This month's total units sold was higher than at this time last year, an increase from September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 25 units or 37%. The total number of active inventory this September was 92 compared to 67 in September 2024. This month's total of 92 is lower than the previous month's total supply of available inventory of 96, a decrease of 4%.
		Median Sale Price Last September, the median sale price for Olney, Derwood, and Brookeville Homes was $642,500. This September, the median sale price was $710,000, an increase of 11% or $67,500 compared to last year. The current median sold price is 2% higher than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 46	Current Contracts 41	Sold Vs. List Price 98.5%	Months of Supply 2.4

Up 10% Vs. Year Ago	Up 5% Vs. Year Ago	Down -2.7% Vs. Year Ago	Down -9% Vs. Year Ago


		Months of Supply In September, there was 2.4 months of supply available in Olney, Derwood, and Brookeville, compared to 2.6 in September 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 46 homes newly listed for sale in Olney, Derwood, and Brookeville compared to 42 in September 2024, an increase of 10%. There were 41 current contracts pending sale this September compared to 39 a year ago. The number of current contracts is 5% higher than last September.
		Sale Price to List Price Ratio In September, the average sale price in Olney, Derwood, and Brookeville was 98.5% of the average list price, which is 2.8% lower than at this time last year. Days on Market This month, the average number of days on market was 23, higher than the average last year, which was 14. This increase was impacted by the limited number of sales.


	Olney, Derwood, and Brookeville are defined as properties listed in zip code/s 20832, 20855, 20853, 20860, 20862 and 20861.
	*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.