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FOCUS ON: POTOMAC FALLS HOUSING MARKET |
AUGUST 2025 |
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Zip Code(s): 20165 |
Units Sold
32 |
Active Inventory
45 |
Median Sale Price
$619,250 |
Days On Market
16 |
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Down -11%
Vs. Year Ago |
Up 13%
Vs. Year Ago |
Down -5%
Vs. Year Ago |
Down -6%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in August, with 32 sold this month in Potomac Falls Real Estate versus 29 last month, an increase of 10%. This month's total units sold was lower than at this time last year, a decrease of 11% versus August 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 5 units or 13%. The total number of active inventory this August was 45 compared to 40 in August 2024. This month's total of 45 is lower than the previous month's total supply of available inventory of 54, a decrease of 17%.
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Median Sale Price
Last August, the median sale price for Potomac Falls Homes was $655,000. This August, the median sale price was $619,250, a decrease of 5% or $35,750 compared to last year. The current median sold price is 17% 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.
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New Listings
28 |
Current Contracts
28 |
Sold Vs. List Price
99.6% |
Months of Supply
1.4 |
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Down -32%
Vs. Year Ago |
No Change
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 27%
Vs. Year Ago |
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Months of Supply
In August, there was 1.4 months of supply available in Potomac Falls, compared to 1.1 in August 2024. That is an increase of 27% 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.
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New Listings & Current Contracts
This month there were 28 homes newly listed for sale in Potomac Falls compared to 41 in August 2024, a decrease of 32%. There were 28 current contracts pending sale this August, consistent with the volume a year ago. The number of current contracts is 7% lower than last month.
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Sale Price to List Price Ratio
In August, the average sale price in Potomac Falls was 99.6% of the average list price, which is similar compared to a year ago.
Days on Market
This month, the average number of days on market was 16, lower than the average last year, which was 17, a decrease of 6%.
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Potomac Falls are defined as properties listed in zip code/s 20165. |
*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. |