Montgomery County Market Check: June 2025 vs. June 2024

The June 2025 real estate statistics for Montgomery County are in, and the year-over-year changes offer a revealing look at the state of the market. Let’s break down how the market has shifted since June 2024 and what this means for both buyers and sellers.

Median List Price

• June 2024: $639,950
• June 2025: $675,000
• Change: +5.5%

Sellers priced homes more aggressively this year, signaling confidence in buyer demand. However, higher list prices do not necessarily equate to higher closing prices.

Median Sold Price

• June 2024: $650,000
• June 2025: $643,414
• Change: -1%

Despite higher list prices, the median sold price actually dipped slightly. This indicates that buyers are pushing back on pricing and negotiating more effectively.

Days on Market (DOM)

• June 2024: 18 days
• June 2025: 21 days
• Change: +3 days

Homes are taking longer to sell, suggesting a slight shift toward a more balanced market.

Pended vs. Sold Homes

• June 2024: 697 homes went under contract; 975 sold
• June 2025: 606 homes went under contract; 1,017 sold

While more homes sold in June 2025, fewer went under contract compared to the same time last year. This may reflect deals closing from prior months while current buyer activity slows.

Market Takeaways

For Sellers:

• With more inventory on the market than last year, standing out is crucial. Competitive pricing, smart staging, and strategic marketing are key to attracting offers.
• Sellers who price too high may see extended time on market or be forced to reduce.

For Buyers:

• A slight dip in sold prices and increased days on market create a more favorable environment.
• Buyers have more options and more time to make thoughtful decisions.

Conclusion

The market is showing signs of balance, presenting strategic opportunities for both buyers and sellers. For sellers, preparation and price positioning will determine success. For buyers, patience and negotiation are increasingly valuable.

Whether you're buying or selling, let’s schedule a personalized market consultation to map out your next steps. Reach out today to get started with a plan tailored to you and this evolving market.