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FOCUS ON: POOLESVILLE, DICKERSON, AND NORTHWESTERN MONTGOMERY COUNTY HOUSING MARKET |
MAY 2025 |
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Zip Code(s): 20837, 20838, 20839, 20841, 20842 and 20871 |
Units Sold
53 |
Active Inventory
83 |
Median Sale Price
$710,000 |
Days On Market
30 |
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Down -5%
Vs. Year Ago |
Up 9%
Vs. Year Ago |
Down -1%
Vs. Year Ago |
Down -21%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in May, with 53 sold this month in Poolesville, Dickerson, and Northwestern Montgomery County Real Estate. This month's total units sold was lower than at this time last year.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 7 units or 9%. The total number of active inventory this May was 83 compared to 76 in May 2024. This month's total of 83 is lower than the previous month's total supply of available inventory of 90, a decrease of 8%.
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Median Sale Price
Last May, the median sale price for Poolesville, Dickerson, and Northwestern Montgomery County Homes was $717,500. This May, the median sale price was $710,000, a decrease of 1% or $7,500 compared to last year. The current median sold price is 12% higher than in April.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
69 |
Current Contracts
51 |
Sold Vs. List Price
101.4% |
Months of Supply
1.6 |
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No Change
Vs. Year Ago |
Down -20%
Vs. Year Ago |
Down -0.6%
Vs. Year Ago |
Up 15%
Vs. Year Ago |
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Months of Supply
In May, there was 1.6 months of supply available in Poolesville, Dickerson, and Northwestern Montgomery County, compared to 1.4 in May 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.
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New Listings & Current Contracts
This month there were 69 homes newly listed for sale in Poolesville, Dickerson, and Northwestern Montgomery County, which is similar to the amount in May 2024. There were 51 current contracts pending sale this May compared to 64 a year ago. The number of current contracts is 20% lower than last May.
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Sale Price to List Price Ratio
In May, the average sale price in Poolesville, Dickerson, and Northwestern Montgomery County was 101.4% of the average list price, which is 0.6% lower than at this time last year.
Days on Market
This month, the average number of days on market was 30, lower than the average last year, which was 38, a decrease of 21%.
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Poolesville, Dickerson, and Northwestern Montgomery County are defined as properties listed in zip code/s 20837, 20838, 20839, 20841, 20842 and 20871. |
*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. |