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| JUNE 2025 | |||
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| Units Sold 730 |
Active Inventory 1,729 |
Median Sale Price $454,500 |
Days On Market 27 |
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| Down -6% Vs. Year Ago |
Up 5% Vs. Year Ago |
Up 1% Vs. Year Ago |
Up 17% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 730 sold this month in Prince George's County Real Estate versus 726 last month, an increase of 1%. This month's total units sold was lower than at this time last year, a decrease of 6% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 86 units or 5%. The total number of active inventory this June was 1,729 compared to 1,643 in June 2024. This month's total of 1,729 is lower than the previous month's total supply of available inventory of 1,979, a decrease of 13%. |
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Median Sale Price
Last June, the median sale price for Prince George's County Homes was $450,000. This June, the median sale price was approximately the same at $454,500. The current median sold price is 1% higher than in June 2024. 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 925 |
Current Contracts 799 |
Sold Vs. List Price 100.2% |
Months of Supply 2.4 |
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| Down -15% Vs. Year Ago |
Down -6% Vs. Year Ago |
No Change Vs. Year Ago |
Up 12% Vs. Year Ago |
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Months of Supply
In June, there was 2.4 months of supply available in Prince George's County, compared to 2.1 in June 2024. That is an increase of 12% 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 925 homes newly listed for sale in Prince George's County compared to 1,090 in June 2024, a decrease of 15%. There were 799 current contracts pending sale this June compared to 854 a year ago. The number of current contracts is 6% lower than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Prince George's County was 100.2% 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 27, higher than the average last year, which was 23, an increase of 17%. | |||
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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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