POTOMAC HOUSING MARKET DATA

There was a decrease in total units sold in July, with 51 sold this month in Potomac Real Estate versus 73 last month, a decrease of 30%. This month's total units sold was higher than at this time last year, an increase of 11% versus July 2024.

Versus last year, the total number of homes available this month is higher by 25 units or 29%. The total number of active inventory this July was 112 compared to 87 in July 2024. This month's total of 112 is lower than the previous month's total supply of available inventory of 125, a decrease of 10%.

Last July, the median sale price for Potomac Homes was $1,475,000. This July, the median sale price was $1,249,638, a decrease of 15% or $225,362 compared to last year. The current median sold price is 6% lower than in June.

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

In July, there was 2.2 months of supply available in Potomac, compared to 1.9 in July 2024. That is an increase of 16% 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 73 homes newly listed for sale in Potomac compared to 50 in July 2024, an increase of 46%. There were 45 current contracts pending sale this July compared to 51 a year ago. The number of current contracts is 12% lower than last July.

In July, the average sale price in Potomac was 99.6% of the average list price, which is 1.5% higher than at this time last year.

This month, the average number of days on market was 20, higher than the average last year, which was 19, an increase of 5%.





FOCUS ON: POTOMAC HOUSING MARKET			JULY 2025

Zip Code(s): 20854
Units Sold 51	Active Inventory 112	Median Sale Price $1,249,638	Days On Market 20

Up 11% Vs. Year Ago	Up 29% Vs. Year Ago	Down -15% Vs. Year Ago	Up 5% Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 51 sold this month in Potomac Real Estate versus 73 last month, a decrease of 30%. This month's total units sold was higher than at this time last year, an increase of 11% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 25 units or 29%. The total number of active inventory this July was 112 compared to 87 in July 2024. This month's total of 112 is lower than the previous month's total supply of available inventory of 125, a decrease of 10%.
		Median Sale Price Last July, the median sale price for Potomac Homes was $1,475,000. This July, the median sale price was $1,249,638, a decrease of 15% or $225,362 compared to last year. The current median sold price is 6% lower than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 73	Current Contracts 45	Sold Vs. List Price 99.6%	Months of Supply 2.2

Up 46% Vs. Year Ago	Down -12% Vs. Year Ago	Up 1.6% Vs. Year Ago	Up 16% Vs. Year Ago


		Months of Supply In July, there was 2.2 months of supply available in Potomac, compared to 1.9 in July 2024. That is an increase of 16% 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 73 homes newly listed for sale in Potomac compared to 50 in July 2024, an increase of 46%. There were 45 current contracts pending sale this July compared to 51 a year ago. The number of current contracts is 12% lower than last July.
		Sale Price to List Price Ratio In July, the average sale price in Potomac was 99.6% of the average list price, which is 1.5% higher than at this time last year. Days on Market This month, the average number of days on market was 20, higher than the average last year, which was 19, an increase of 5%.


	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.