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Montgomery County Housing Inventory Grows as Homes Take Longer to Sell, GCAAR Says

Montgomery County homes are taking longer to sell as increased inventory and softer demand continue to shift the local housing market, according to the latest report from the Greater Capital Area Association of REALTORS (GCAAR).

Residential properties in Montgomery County spent an average of 30 days on the market in July, eight days longer than during the same month last year. The county recorded 961 new listings, an increase of 5.1% from July 2025. The median sold price was $656,000, down 0.6% year over year.

Across Montgomery County and Washington, DC, there were 4,700 active listings in July, well above the five-year July average of 3,661. The region had 3.5 months of housing supply, compared with a five-year average of 2.6 months.

Properties across the two jurisdictions spent an average of 35 days on the market, a 12.9% increase from July 2025 and approximately 33% higher than the five-year average of 26 days. New pending sales across the region totaled 1,350, below the five-year average of 1,485. There were 1,692 new listings, compared with the five-year average of 1,885.

Despite the longer selling times and increased supply, average sale prices remained strong. The average residential property sold for $870,069 across Montgomery County and DC, an increase of 3.3% from July 2025.

“Days on the market are up. So, while sellers should work with their real-estate agents on creative strategies to market their homes, they need to understand that it still may take longer than anticipated to sell, despite some houses continuing to get multiple offers,” GCAAR President Russell Brazil said. “At the same time, buyers have more time to explore the available inventory to find just what they’re looking for.”

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