 |
|
 |
|
FOCUS ON: BROADLANDS AND BRAMBLETON HOUSING MARKET |
AUGUST 2025 |
|
Zip Code(s): 20148 |
Units Sold
76 |
Active Inventory
124 |
Median Sale Price
$847,900 |
Days On Market
27 |
|
|
|
|
Down -16%
Vs. Year Ago |
Down -6%
Vs. Year Ago |
Up 1%
Vs. Year Ago |
Up 125%
Vs. Year Ago |
|
|
|
Units Sold
There was a decrease in total units sold in August, with 76 sold this month in Broadlands and Brambleton Real Estate versus 94 last month, a decrease of 19%. This month's total units sold was lower than at this time last year, a decrease of 16% versus August 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is lower by 8 units or 6%. The total number of active inventory this August was 124 compared to 132 in August 2024. This month's total of 124 is lower than the previous month's total supply of available inventory of 148, a decrease of 16%.
|
|
|
Median Sale Price
Last August, the median sale price for Broadlands and Brambleton Homes was $840,237. This August, the median sale price was $847,900, an increase of 1% or $7,663 compared to last year. The current median sold price is 2% higher 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
83 |
Current Contracts
81 |
Sold Vs. List Price
99.1% |
Months of Supply
1.6 |
|
|
|
|
Down -22%
Vs. Year Ago |
Up 17%
Vs. Year Ago |
Down -2.1%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
|
|
|
Months of Supply
In August, there was 1.6 months of supply available in Broadlands and Brambleton, compared to 1.5 in August 2024. That is an increase of 12% 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 83 homes newly listed for sale in Broadlands and Brambleton compared to 107 in August 2024, a decrease of 22%. There were 81 current contracts pending sale this August compared to 69 a year ago. The number of current contracts is 17% higher than last August.
|
|
|
Sale Price to List Price Ratio
In August, the average sale price in Broadlands and Brambleton was 99.1% of the average list price, which is 2.2% lower than at this time last year.
Days on Market
This month, the average number of days on market was 27, higher than the average last year, which was 12, an increase of 125%.
|
|
|
 |
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. |