The Long & Foster Market Minute

FOCUS ON: PRINCE GEORGE'S COUNTY HOUSING MARKET SEPTEMBER 2025

Units Sold
648
Active Inventory
1,936
Median Sale Price
$450,000
Days On Market
36
Down -15%
Vs. Year Ago
Up 55%
Vs. Year Ago
Up 2%
Vs. Year Ago
Up 44%
Vs. Year Ago

Units Sold
The number of units sold remained stable in September, with 648 sold this month in Prince George's County Real Estate. This month's total units sold was lower than at this time last year, a decrease of 2% versus September 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 684 units or 55%. The total number of active inventory this September was 1,936 compared to 1,252 in September 2024. This month's total of 1,936 is lower than the previous month's total supply of available inventory of 2,147, a decrease of 10%.

Median Sale Price
Last September, the median sale price for Prince George's County Homes was $441,020. This September, the median sale price was approximately the same at $450,000. The current median sold price is 2% higher than in September 2024.

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


New Listings
809
Current Contracts
714
Sold Vs. List Price
99.6%
Months of Supply
3.0
Down -2%
Vs. Year Ago
Down -14%
Vs. Year Ago
Down -0.8%
Vs. Year Ago
Up 82%
Vs. Year Ago

Months of Supply
In September, there was 3.0 months of supply available in Prince George's County, compared to 1.6 in September 2024. That is an increase of 83% 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 809 homes newly listed for sale in Prince George's County compared to 825 in September 2024, a decrease of 2%. There were 714 current contracts pending sale this September compared to 835 a year ago. The number of current contracts is 14% lower than last September.

Sale Price to List Price Ratio
In September, the average sale price in Prince George's County was 99.6% of the average list price, which is 0.8% lower than at this time last year.

Days on Market
This month, the average number of days on market was 36, higher than the average last year, which was 25, an increase of 44%.

The Long & Foster Market Minute
*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.
REALTOR, Equal Opportunity HousingInformation 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.