GREAT FALLS AND WESTERN MCLEAN HOUSING MARKET DATA

There was a decrease in total units sold in June, with 73 sold this month in Great Falls and Western McLean Real Estate versus 77 last month, a decrease of 5%. This month's total units sold was higher than at this time last year, an increase of 22% versus June 2024.

Versus last year, the total number of homes available this month is lower by 16 units or 10%. The total number of active inventory this June was 146 compared to 162 in June 2024. This month's total of 146 is lower than the previous month's total supply of available inventory of 189, a decrease of 23%.

Last June, the median sale price for Great Falls and Western McLean Homes was $1,162,690. This June, the median sale price was approximately the same at $1,230,000. The current median sold price is 6% higher than in June 2024.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In June, there was 2.0 months of supply available in Great Falls and Western McLean, compared to 2.7 in June 2024. That is a decrease of 26% 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 44 homes newly listed for sale in Great Falls and Western McLean compared to 72 in June 2024, a decrease of 39%. There were 54 current contracts pending sale this June compared to 59 a year ago. The number of current contracts is 8% lower than last June.

In June, the average sale price in Great Falls and Western McLean was 98.8% of the average list price, which is 1.5% lower than at this time last year.

This month, the average number of days on market was 28, higher than the average last year, which was 21, an increase of 33%.





FOCUS ON: GREAT FALLS AND WESTERN MCLEAN HOUSING MARKET			JUNE 2025

Zip Code(s): 22066 and 22102
Units Sold 73	Active Inventory 146	Median Sale Price $1,230,000	Days On Market 28

Up 22% Vs. Year Ago	Down -10% Vs. Year Ago	Up 6% Vs. Year Ago	Up 33% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 73 sold this month in Great Falls and Western McLean Real Estate versus 77 last month, a decrease of 5%. This month's total units sold was higher than at this time last year, an increase of 22% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 16 units or 10%. The total number of active inventory this June was 146 compared to 162 in June 2024. This month's total of 146 is lower than the previous month's total supply of available inventory of 189, a decrease of 23%.
		Median Sale Price Last June, the median sale price for Great Falls and Western McLean Homes was $1,162,690. This June, the median sale price was approximately the same at $1,230,000. The current median sold price is 6% higher than in June 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 44	Current Contracts 54	Sold Vs. List Price 98.8%	Months of Supply 2.0

Down -39% Vs. Year Ago	Down -8% Vs. Year Ago	Down -1.5% Vs. Year Ago	Down -26% Vs. Year Ago


		Months of Supply In June, there was 2.0 months of supply available in Great Falls and Western McLean, compared to 2.7 in June 2024. That is a decrease of 26% 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 44 homes newly listed for sale in Great Falls and Western McLean compared to 72 in June 2024, a decrease of 39%. There were 54 current contracts pending sale this June compared to 59 a year ago. The number of current contracts is 8% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in Great Falls and Western McLean was 98.8% of the average list price, which is 1.5% lower than at this time last year. Days on Market This month, the average number of days on market was 28, higher than the average last year, which was 21, an increase of 33%.


	Great Falls and Western McLean are defined as properties listed in zip code/s 22066 and 22102.
	*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.