ROCKVILLE HOUSING MARKET DATA

There was an increase in total units sold in May, with 138 sold this month in Rockville Real Estate versus 137 last month, an increase of 1%. This month's total units sold was lower than at this time last year, a decrease of 11% versus May 2024.

Versus last year, the total number of homes available this month is higher by 58 units or 29%. The total number of active inventory this May was 261 compared to 203 in May 2024. This month's total of 261 is lower than the previous month's total supply of available inventory of 293, a decrease of 11%.

Last May, the median sale price for Rockville Homes was $650,000. This May, the median sale price was $652,250, which is similar compared to a year ago. The current median sold price is 8% 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.

In May, there was 1.9 months of supply available in Rockville, compared to 1.3 in May 2024. That is an increase of 44% 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 173 homes newly listed for sale in Rockville compared to 204 in May 2024, a decrease of 15%. There were 154 current contracts pending sale this May compared to 144 a year ago. The number of current contracts is 7% higher than last May.

In May, the average sale price in Rockville was 100.3% of the average list price, which is 3.6% lower than at this time last year.

This month, the average number of days on market was 21, higher than the average last year, which was 10, an increase of 110%.





FOCUS ON: ROCKVILLE HOUSING MARKET			MAY 2025

Zip Code(s): 20850, 20851, 20852, 20853 and 20896
Units Sold 138	Active Inventory 261	Median Sale Price $652,250	Days On Market 21

Down -11% Vs. Year Ago	Up 29% Vs. Year Ago	No Change Vs. Year Ago	Up 110% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 138 sold this month in Rockville Real Estate versus 137 last month, an increase of 1%. This month's total units sold was lower than at this time last year, a decrease of 11% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 58 units or 29%. The total number of active inventory this May was 261 compared to 203 in May 2024. This month's total of 261 is lower than the previous month's total supply of available inventory of 293, a decrease of 11%.
		Median Sale Price Last May, the median sale price for Rockville Homes was $650,000. This May, the median sale price was $652,250, which is similar compared to a year ago. The current median sold price is 8% 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.



New Listings 173	Current Contracts 154	Sold Vs. List Price 100.3%	Months of Supply 1.9

Down -15% Vs. Year Ago	Up 7% Vs. Year Ago	Down -3.4% Vs. Year Ago	Up 44% Vs. Year Ago


		Months of Supply In May, there was 1.9 months of supply available in Rockville, compared to 1.3 in May 2024. That is an increase of 44% 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 173 homes newly listed for sale in Rockville compared to 204 in May 2024, a decrease of 15%. There were 154 current contracts pending sale this May compared to 144 a year ago. The number of current contracts is 7% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Rockville was 100.3% of the average list price, which is 3.6% lower than at this time last year. Days on Market This month, the average number of days on market was 21, higher than the average last year, which was 10, an increase of 110%.


	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.