HERNDON HOUSING MARKET DATA

There was an increase in total units sold in August, with 80 sold this month in Herndon Real Estate versus 78 last month, an increase of 3%. This month's total units sold was higher than at this time last year, an increase of 8% versus August 2024.

Versus last year, the total number of homes available this month is higher by 31 units or 33%. The total number of active inventory this August was 125 compared to 94 in August 2024. This month's total of 125 is lower than the previous month's total supply of available inventory of 150, a decrease of 17%.

Last August, the median sale price for Herndon Homes was $752,000. This August, the median sale price was $697,500, a decrease of 7% or $54,500 compared to last year. The current median sold price is 7% lower 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.

In August, there was 1.6 months of supply available in Herndon, compared to 1.3 in August 2024. That is an increase of 23% 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 81 homes newly listed for sale in Herndon compared to 95 in August 2024, a decrease of 15%. There were 79 current contracts pending sale this August compared to 83 a year ago. The number of current contracts is 5% lower than last August.

In August, the average sale price in Herndon was 100.2% of the average list price, which is 2.1% lower than at this time last year.

This month, the average number of days on market was 26, higher than the average last year, which was 13, an increase of 100%.





FOCUS ON: HERNDON HOUSING MARKET			AUGUST 2025

Zip Code(s): 20170 and 20171
Units Sold 80	Active Inventory 125	Median Sale Price $697,500	Days On Market 26

Up 8% Vs. Year Ago	Up 33% Vs. Year Ago	Down -7% Vs. Year Ago	Up 100% Vs. Year Ago


		Units Sold There was an increase in total units sold in August, with 80 sold this month in Herndon Real Estate versus 78 last month, an increase of 3%. This month's total units sold was higher than at this time last year, an increase of 8% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 31 units or 33%. The total number of active inventory this August was 125 compared to 94 in August 2024. This month's total of 125 is lower than the previous month's total supply of available inventory of 150, a decrease of 17%.
		Median Sale Price Last August, the median sale price for Herndon Homes was $752,000. This August, the median sale price was $697,500, a decrease of 7% or $54,500 compared to last year. The current median sold price is 7% lower 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 81	Current Contracts 79	Sold Vs. List Price 100.2%	Months of Supply 1.6

Down -15% Vs. Year Ago	Down -5% Vs. Year Ago	Down -2% Vs. Year Ago	Up 23% Vs. Year Ago


		Months of Supply In August, there was 1.6 months of supply available in Herndon, compared to 1.3 in August 2024. That is an increase of 23% 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 81 homes newly listed for sale in Herndon compared to 95 in August 2024, a decrease of 15%. There were 79 current contracts pending sale this August compared to 83 a year ago. The number of current contracts is 5% lower than last August.
		Sale Price to List Price Ratio In August, the average sale price in Herndon was 100.2% of the average list price, which is 2.1% lower than at this time last year. Days on Market This month, the average number of days on market was 26, higher than the average last year, which was 13, an increase of 100%.


	Herndon are defined as properties listed in zip code/s 20170 and 20171.
	*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.