 |
|
 |
|
FOCUS ON: ROCKVILLE HOUSING MARKET |
AUGUST 2025 |
|
Zip Code(s): 20850, 20851, 20852, 20853 and 20896 |
Units Sold
130 |
Active Inventory
283 |
Median Sale Price
$584,000 |
Days On Market
26 |
|
|
|
|
Up 8%
Vs. Year Ago |
Up 27%
Vs. Year Ago |
Down -3%
Vs. Year Ago |
Up 86%
Vs. Year Ago |
|
|
|
Units Sold
There was a decrease in total units sold in August, with 130 sold this month in Rockville Real Estate versus 139 last month, a decrease of 6%. This month's total units sold was higher than at this time last year, an increase of 8% versus August 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is higher by 61 units or 27%. The total number of active inventory this August was 283 compared to 222 in August 2024. This month's total of 283 is lower than the previous month's total supply of available inventory of 294, a decrease of 4%.
|
|
|
Median Sale Price
Last August, the median sale price for Rockville Homes was $600,000. This August, the median sale price was $584,000, a decrease of 3% or $16,000 compared to last year. The current median sold price is 7% lower than in July.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
|
|
|
|
New Listings
141 |
Current Contracts
110 |
Sold Vs. List Price
99.5% |
Months of Supply
2.2 |
|
|
|
|
Down -6%
Vs. Year Ago |
Up 18%
Vs. Year Ago |
Down -2.3%
Vs. Year Ago |
Up 18%
Vs. Year Ago |
|
|
|
Months of Supply
In August, there was 2.2 months of supply available in Rockville, compared to 1.9 in August 2024. That is an increase of 18% 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 141 homes newly listed for sale in Rockville compared to 150 in August 2024, a decrease of 6%. There were 110 current contracts pending sale this August compared to 93 a year ago. The number of current contracts is 18% higher than last August.
|
|
|
Sale Price to List Price Ratio
In August, the average sale price in Rockville was 99.5% of the average list price, which is 2.3% lower than at this time last year.
Days on Market
This month, the average number of days on market was 26, higher than the average last year, which was 14, an increase of 86%.
|
|
|
 |
Rockville are defined as properties listed in zip code/s 20850, 20851, 20852, 20853 and 20896. |
*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. |