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| SEPTEMBER 2025 | |||
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| Zip Code(s): 20854 | |||
| Units Sold 43 |
Active Inventory 113 |
Median Sale Price $1,190,000 |
Days On Market 36 |
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| Up 30% Vs. Year Ago |
Up 61% Vs. Year Ago |
Down -16% Vs. Year Ago |
Up 20% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in September, with 43 sold this month in Potomac Real Estate versus 41 last month, an increase of 5%. This month's total units sold was higher than at this time last year, an increase of 30% versus September 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 43 units or 61%. The total number of active inventory this September was 113 compared to 70 in September 2024. This month's total of 113 is lower than the previous month's total supply of available inventory of 125, a decrease of 10%. |
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Median Sale Price
Last September, the median sale price for Potomac Homes was $1,425,000. This September, the median sale price was $1,190,000, a decrease of 16% or $235,000 compared to last year. The current median sold price is 1% lower 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. |
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| New Listings 65 |
Current Contracts 53 |
Sold Vs. List Price 99.4% |
Months of Supply 2.6 |
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| Up 41% Vs. Year Ago |
Up 36% Vs. Year Ago |
No Change Vs. Year Ago |
Up 24% Vs. Year Ago |
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Months of Supply
In September, there was 2.6 months of supply available in Potomac, compared to 2.1 in September 2024. That is an increase of 24% 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 65 homes newly listed for sale in Potomac compared to 46 in September 2024, an increase of 41%. There were 53 current contracts pending sale this September compared to 39 a year ago. The number of current contracts is 36% higher than last September. |
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Sale Price to List Price Ratio
In September, the average sale price in Potomac was 99.4% 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 36, higher than the average last year, which was 30, an increase of 20%. | |||
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Potomac are defined as properties listed in zip code/s 20854. | ||
| *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. |
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