STERLING HOUSING MARKET DATA

There was a decrease in total units sold in June, with 96 sold this month in Sterling Real Estate versus 105 last month, a decrease of 9%. This month's total units sold was lower than at this time last year, a decrease of 13% versus June 2024.

Versus last year, the total number of homes available this month is lower by 4 units or 3%. The total number of active inventory this June was 123 compared to 127 in June 2024. This month's total of 123 is lower than the previous month's total supply of available inventory of 141, a decrease of 13%.

Last June, the median sale price for Sterling Homes was $620,000. This June, the median sale price was $614,500, a decrease of 1% or $5,500 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.

In June, there was 1.3 months of supply available in Sterling, compared to 1.2 in June 2024. That is an increase of 11% 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 89 homes newly listed for sale in Sterling compared to 120 in June 2024, a decrease of 26%. There were 84 current contracts pending sale this June compared to 103 a year ago. The number of current contracts is 18% lower than last June.

In June, the average sale price in Sterling was 99.6% of the average list price, which is 1.6% lower than at this time last year.

This month, the average number of days on market was 19, higher than the average last year, which was 14, an increase of 36%.





FOCUS ON: STERLING HOUSING MARKET			JUNE 2025

Zip Code(s): 20165, 20164 and 20166
Units Sold 96	Active Inventory 123	Median Sale Price $614,500	Days On Market 19

Down -13% Vs. Year Ago	Down -3% Vs. Year Ago	Down -1% Vs. Year Ago	Up 36% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 96 sold this month in Sterling Real Estate versus 105 last month, a decrease of 9%. This month's total units sold was lower than at this time last year, a decrease of 13% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 4 units or 3%. The total number of active inventory this June was 123 compared to 127 in June 2024. This month's total of 123 is lower than the previous month's total supply of available inventory of 141, a decrease of 13%.
		Median Sale Price Last June, the median sale price for Sterling Homes was $620,000. This June, the median sale price was $614,500, a decrease of 1% or $5,500 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.



New Listings 89	Current Contracts 84	Sold Vs. List Price 99.6%	Months of Supply 1.3

Down -26% Vs. Year Ago	Down -18% Vs. Year Ago	Down -1.6% Vs. Year Ago	Up 11% Vs. Year Ago


		Months of Supply In June, there was 1.3 months of supply available in Sterling, compared to 1.2 in June 2024. That is an increase of 11% 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 89 homes newly listed for sale in Sterling compared to 120 in June 2024, a decrease of 26%. There were 84 current contracts pending sale this June compared to 103 a year ago. The number of current contracts is 18% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in Sterling was 99.6% of the average list price, which is 1.6% lower than at this time last year. Days on Market This month, the average number of days on market was 19, higher than the average last year, which was 14, an increase of 36%.


	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.