BROADLANDS AND BRAMBLETON HOUSING MARKET DATA

There was a decrease in total units sold in May, with 65 sold this month in Broadlands and Brambleton Real Estate versus 75 last month, a decrease of 13%. This month's total units sold was lower than at this time last year, a decrease of 24% versus May 2024.

Versus last year, the total number of homes available this month is higher by 58 units or 59%. The total number of active inventory this May was 156 compared to 98 in May 2024. This month's total of 156 is lower than the previous month's total supply of available inventory of 160, a decrease of 3%.

Last May, the median sale price for Broadlands and Brambleton Homes was $824,589. This May, the median sale price was $812,500, a decrease of 1% or $12,089 compared to last year. The current median sold price is 8% lower 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 2.4 months of supply available in Broadlands and Brambleton, compared to 1.1 in May 2024. That is an increase of 111% 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 117 homes newly listed for sale in Broadlands and Brambleton compared to 90 in May 2024, an increase of 30%. There were 82 current contracts pending sale this May compared to 87 a year ago. The number of current contracts is 6% lower than last May.

In May, the average sale price in Broadlands and Brambleton was 99.9% 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 24, higher than the average last year, which was 11, an increase of 118%.





FOCUS ON: BROADLANDS AND BRAMBLETON HOUSING MARKET			MAY 2025

Zip Code(s): 20148
Units Sold 65	Active Inventory 156	Median Sale Price $812,500	Days On Market 24

Down -24% Vs. Year Ago	Up 59% Vs. Year Ago	Down -1% Vs. Year Ago	Up 118% Vs. Year Ago


		Units Sold There was a decrease in total units sold in May, with 65 sold this month in Broadlands and Brambleton Real Estate versus 75 last month, a decrease of 13%. This month's total units sold was lower than at this time last year, a decrease of 24% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 58 units or 59%. The total number of active inventory this May was 156 compared to 98 in May 2024. This month's total of 156 is lower than the previous month's total supply of available inventory of 160, a decrease of 3%.
		Median Sale Price Last May, the median sale price for Broadlands and Brambleton Homes was $824,589. This May, the median sale price was $812,500, a decrease of 1% or $12,089 compared to last year. The current median sold price is 8% lower 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 117	Current Contracts 82	Sold Vs. List Price 99.9%	Months of Supply 2.4

Up 30% Vs. Year Ago	Down -6% Vs. Year Ago	Down -1.7% Vs. Year Ago	Up 111% Vs. Year Ago


		Months of Supply In May, there was 2.4 months of supply available in Broadlands and Brambleton, compared to 1.1 in May 2024. That is an increase of 111% 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 117 homes newly listed for sale in Broadlands and Brambleton compared to 90 in May 2024, an increase of 30%. There were 82 current contracts pending sale this May compared to 87 a year ago. The number of current contracts is 6% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Broadlands and Brambleton was 99.9% 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 24, higher than the average last year, which was 11, an increase of 118%.


	Broadlands and Brambleton are defined as properties listed in zip code/s 20148.
	*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.