As autumn settles across the region, the Montgomery County and Washington, D.C. housing markets are showing signs of seasonal slowdown. According to the latest report from the Greater Capital Area Association of REALTORS® (GCAAR), homes in September 2025 took noticeably longer to sell than they did a year earlier, signaling a market that’s stabilizing after several years of intense competition.
A major redevelopment is underway in Rockville, where Bethesda-based developer EYA LLC has purchased three parcels in the Decoverly Hall office campus for $18 million with plans to build over 200 townhomes, according to a Biz Journals report.
With the median days a home is on the market inching up to 23 – a 27.8% increase over July 2025 – only 1,392 closed sales in August 2025, and 4,336 active listings in Montgomery County, MD and Washington, D.C., housing inventory is plentiful in the region, according to new data from the Greater Capital Area Association of REALTORS® (GCAAR).
The property that houses Pines of Rome, a Bethesda dining landmark with more than five decades of history, has been listed for sale with an asking price of $3.75 million. Located at 4918 Cordell Avenue, the freestanding building offers 4,012 square feet of space on a 5,250-square-foot lot. A representative from The Restaurant Broker, which is handling the listing, tells us the sale is due to Chef/Owner Marco Troiano’s plan to retire.
In May we let you know of a Schematic Development Plan (SDP) by Peterson Cos. to develop parts of Rio Lakefront with up to 500 multi-family residential units apartment units and 43,000 SF of retail uses in four buildings located throughout the Washingtonian Center. The City of Gaithersburg has provided an update that consists of several exhibits of public comments made by community members on the proposal (links to comments available below).
The latest housing data from July indicates that the average number of days a home stays on the market in Montgomery County, Md. and Washington, D.C. has increased to 31 days, a 35% increase above the five-year July average of 23 days, according to new data from the Greater Capital Area Association of REALTORS® (GCAAR).
Sansone Group, based in St. Louis, in partnership with Silver Spring-based Priseda, acquired a 214,000 SF Tier 4 data center located at 12401 Prosperity Dr. in White Oak/Silver Spring MD for $29 million, according to Biz Journals.
Kalyan Hospitality, a Virginia-based hotel ownership and management group, has announced the acquisition of the SpringHill Suites by Marriott Gaithersburg– located at 9715 Washingtonian Blvd in Gaithersburg. Maryland Newsletters reports the sale was for $6.5 million.
The former Sodexo headquarters in Gaithersburg has been successfully rebranded as “Waterfront at Washingtonian” and is now 85% leased, thanks to a significant new anchor tenant and recent comprehensive upgrades.
Kisco Senior Living has announced the addition of The Preston of Rockville, a senior living community in Rockville, MD, to its portfolio as of June 23, 2025. Formerly The Seneca Rockville, the community was previously owned by Silverstone Senior Living and has now been acquired by Kisco for $44 million, according to Biz Journals.
The American Cancer Society has once again lowered the price of the property that was donated to the organization by former Washington Commanders owners Dan and Tanya Snyder in 2024. The house, located at 11900 River Rd. in Potomac, is now available for $24.9 million– a $5 million price drop from the previous $29.9 million price, and almost half of the $49 million it was initially listed for in February 2023.