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| AUGUST 2025 | |||
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| Units Sold 608 |
Active Inventory 1,953 |
Median Sale Price $441,000 |
Days On Market 33 |
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| Down -21% Vs. Year Ago |
Up 16% Vs. Year Ago |
Down -1% Vs. Year Ago |
Up 38% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 608 sold this month in Prince George's County Real Estate versus 720 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 21% versus August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 276 units or 16%. The total number of active inventory this August was 1,953 compared to 1,677 in August 2024. This month's total of 1,953 is lower than the previous month's total supply of available inventory of 2,179, a decrease of 10%. |
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Median Sale Price
Last August, the median sale price for Prince George's County Homes was $445,000. This August, the median sale price was $441,000, a decrease of 1% or $4,000 compared to last year. The current median sold price is 2% 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 831 |
Current Contracts 730 |
Sold Vs. List Price 99.9% |
Months of Supply 3.2 |
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| Down -17% Vs. Year Ago |
Down -12% Vs. Year Ago |
Down -0.7% Vs. Year Ago |
Up 47% Vs. Year Ago |
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Months of Supply
In August, there was 3.2 months of supply available in Prince George's County, compared to 2.2 in August 2024. That is an increase of 48% 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 831 homes newly listed for sale in Prince George's County compared to 998 in August 2024, a decrease of 17%. There were 730 current contracts pending sale this August compared to 826 a year ago. The number of current contracts is 12% lower than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Prince George's County was 99.9% of the average list price, which is 0.7% lower than at this time last year. Days on Market
This month, the average number of days on market was 33, higher than the average last year, which was 24, an increase of 38%. | |||
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| *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. |
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