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FOCUS ON: STERLING AND DULLES HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 20164 and 20166 |
Units Sold
58 |
Active Inventory
78 |
Median Sale Price
$590,000 |
Days On Market
20 |
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Down -25%
Vs. Year Ago |
Down -6%
Vs. Year Ago |
Down -4%
Vs. Year Ago |
Up 33%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 58 sold this month in Sterling and Dulles Real Estate versus 56 last month, an increase of 4%. This month's total units sold was lower than at this time last year, a decrease of 25% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 5 units or 6%. The total number of active inventory this June was 78 compared to 83 in June 2024. This month's total of 78 is lower than the previous month's total supply of available inventory of 85, a decrease of 8%.
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Median Sale Price
Last June, the median sale price for Sterling and Dulles Homes was $614,385. This June, the median sale price was $590,000, a decrease of 4% or $24,385 compared to last year. The current median sold price is 2% lower than in May.
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
56 |
Current Contracts
48 |
Sold Vs. List Price
99.6% |
Months of Supply
1.3 |
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Down -26%
Vs. Year Ago |
Down -17%
Vs. Year Ago |
Down -1.6%
Vs. Year Ago |
Up 24%
Vs. Year Ago |
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Months of Supply
In June, there was 1.3 months of supply available in Sterling and Dulles, compared to 1.1 in June 2024. That is an increase of 25% 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 56 homes newly listed for sale in Sterling and Dulles compared to 76 in June 2024, a decrease of 26%. There were 48 current contracts pending sale this June compared to 58 a year ago. The number of current contracts is 17% lower than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Sterling and Dulles was 99.6% 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 20, higher than the average last year, which was 15, an increase of 33%.
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Sterling and Dulles are defined as properties listed in zip code/s 20164 and 20166. |
*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. |