Monthly Market Report

Monthly totals, trends, and year-over-year comparisons

Monthly Market Report for Montgomery County as of June 2024.

Supply

Inventory

Average daily inventory
June 2024
57
+20% Year-over-year
Year-to-date
50
+59% Year-over-year

Supply

New Listings

Monthly total by listing date
June 2024
58
+23% Year-over-year
Year-to-date
288
+8% Year-over-year

Sales

Closed Sales

Monthly total of closed sales
June 2024
49
+0% Year-over-year
Year-to-date
255
+5% Year-over-year

Sales

New Pending Contracts

Monthly total by pending date
June 2024
49
+4% Year-over-year

Market Momentum

Median Days on Market

Days from listing to pending
June 2024
5
-67% Year-over-year
Year-to-date
9
-31% Year-over-year

Market Momentum

Months of Inventory

Current supply versus 12-month sales average
June 2024
1.4
+26% Year-over-year

Price

Median Sale Price

Median monthly sale price
June 2024
201,500
+26% Year-over-year
Year-to-date
$199,900
+17% Year-over-year

Price

Sale Price as Pct. of List Price

Monthly average
June 2024
96.8%
-2% Year-over-year