STERLING HOUSING MARKET DATA

There was a decrease in total units sold in September, with 70 sold this month in Sterling Real Estate versus 89 last month, a decrease of 21%. This month's total units sold was lower than at this time last year, a decrease of 20% versus September 2024.

Versus last year, the total number of homes available this month is higher by 47 units or 55%. The total number of active inventory this September was 133 compared to 86 in September 2024. This month's supply remained stable as compared to last month.

Last September, the median sale price for Sterling Homes was $625,000. This September, the median sale price was $632,500, an increase of 1% or $7,500 compared to last year. The current median sold price is 5% higher than in August.

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

In September, there was 1.9 months of supply available in Sterling, compared to 1.0 in September 2024. That is an increase of 94% 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 91 homes newly listed for sale in Sterling compared to 78 in September 2024, an increase of 17%. There were 74 current contracts pending sale this September compared to 92 a year ago. The number of current contracts is 20% lower than last September.

In September, the average sale price in Sterling was 100.0% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 34, higher than the average last year, which was 26, an increase of 31%.





FOCUS ON: STERLING HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 20165, 20164 and 20166
Units Sold 70	Active Inventory 133	Median Sale Price $632,500	Days On Market 34

Down -20% Vs. Year Ago	Up 55% Vs. Year Ago	Up 1% Vs. Year Ago	Up 31% Vs. Year Ago


		Units Sold There was a decrease in total units sold in September, with 70 sold this month in Sterling Real Estate versus 89 last month, a decrease of 21%. This month's total units sold was lower than at this time last year, a decrease of 20% versus September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 47 units or 55%. The total number of active inventory this September was 133 compared to 86 in September 2024. This month's supply remained stable as compared to last month.
		Median Sale Price Last September, the median sale price for Sterling Homes was $625,000. This September, the median sale price was $632,500, an increase of 1% or $7,500 compared to last year. The current median sold price is 5% higher than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 91	Current Contracts 74	Sold Vs. List Price 100.0%	Months of Supply 1.9

Up 17% Vs. Year Ago	Down -20% Vs. Year Ago	No Change Vs. Year Ago	Up 94% Vs. Year Ago


		Months of Supply In September, there was 1.9 months of supply available in Sterling, compared to 1.0 in September 2024. That is an increase of 94% 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 91 homes newly listed for sale in Sterling compared to 78 in September 2024, an increase of 17%. There were 74 current contracts pending sale this September compared to 92 a year ago. The number of current contracts is 20% lower than last September.
		Sale Price to List Price Ratio In September, the average sale price in Sterling was 100.0% 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 34, higher than the average last year, which was 26, an increase of 31%.


	Sterling are defined as properties listed in zip code/s 20165, 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.