ROCKVILLE HOUSING MARKET DATA

There was a decrease in total units sold in July, with 137 sold this month in Rockville Real Estate versus 144 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 14% versus July 2024.

Versus last year, the total number of homes available this month is higher by 69 units or 36%. The total number of active inventory this July was 263 compared to 194 in July 2024. This month's total of 263 is lower than the previous month's total supply of available inventory of 304, a decrease of 13%.

Last July, the median sale price for Rockville Homes was $644,500. This July, the median sale price was $625,000, a decrease of 3% or $19,500 compared to last year. The current median sold price is 3% higher 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 1.9 months of supply available in Rockville, compared to 1.2 in July 2024. That is an increase of 58% 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 148 homes newly listed for sale in Rockville compared to 147 in July 2024, an increase of 1%. There were 128 current contracts pending sale this July compared to 116 a year ago. The number of current contracts is 10% higher than last July.

In July, the average sale price in Rockville was 99.7% of the average list price, which is 1.7% lower than at this time last year.

This month, the average number of days on market was 23, higher than the average last year, which was 14, an increase of 64%.





FOCUS ON: ROCKVILLE HOUSING MARKET			JULY 2025

Zip Code(s): 20850, 20851, 20852, 20853 and 20896
Units Sold 137	Active Inventory 263	Median Sale Price $625,000	Days On Market 23

Down -14% Vs. Year Ago	Up 36% Vs. Year Ago	Down -3% Vs. Year Ago	Up 64% Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 137 sold this month in Rockville Real Estate versus 144 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 14% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 69 units or 36%. The total number of active inventory this July was 263 compared to 194 in July 2024. This month's total of 263 is lower than the previous month's total supply of available inventory of 304, a decrease of 13%.
		Median Sale Price Last July, the median sale price for Rockville Homes was $644,500. This July, the median sale price was $625,000, a decrease of 3% or $19,500 compared to last year. The current median sold price is 3% higher 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 148	Current Contracts 128	Sold Vs. List Price 99.7%	Months of Supply 1.9

Up 1% Vs. Year Ago	Up 10% Vs. Year Ago	Down -1.7% Vs. Year Ago	Up 59% Vs. Year Ago


		Months of Supply In July, there was 1.9 months of supply available in Rockville, compared to 1.2 in July 2024. That is an increase of 58% 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 148 homes newly listed for sale in Rockville compared to 147 in July 2024, an increase of 1%. There were 128 current contracts pending sale this July compared to 116 a year ago. The number of current contracts is 10% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Rockville was 99.7% of the average list price, which is 1.7% lower than at this time last year. Days on Market This month, the average number of days on market was 23, higher than the average last year, which was 14, an increase of 64%.


	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.