Market Snapshot: Chevy Chase, MD | October / November 2025

Published by The Kilner & Kirk Group | Hyper-local real estate insights for Chevy Chase, Maryland (ZIP 20815) | Updated: July 2026

Chevy Chase Market Snapshot

More homes on the market. More time to decide. Same strong demand.

Chevy Chase closed out fall with rising inventory and a slower pace, alongside solid pricing and sales volume. Homes sold climbed to 35 in November, up nearly 17% from a year ago. The average sale price held above $1.39 million, and this remains one of Montgomery County's most competitive close-in neighborhoods.

The pace has shifted a bit. Active listings jumped to 109 in November, up 47% year over year. Homes averaged 28 days on market, compared to just 18 a year ago. Sellers are still getting close to full price. Folks just have a little more breathing room before closing the deal.

October told a similar story. Units sold were up nearly 11% year over year. Active listings were up a striking 71%, and the sale-to-list ratio slipped from 100.9% to 97.0%. Buyer interest in Chevy Chase remains steady. There's simply more room now for people to evaluate before making a move.

October / November 2025 Chevy Chase Market Statistics

Metric November 2025 October 2025 November 2024 vs. Last Month vs. Last Year
Median Sale Price $1,200,000 $1,049,500 $1,435,000 +14.3% -16.4%
Average Sale Price $1,398,077 $1,342,912 $1,352,685 +4.1% +3.4%
Active Listings 109 135 74 -19.3% +47.3%
New Listings 22 45 20 -51.1% +10.0%
Homes Sold 35 31 30 +12.9% +16.7%
New Pending Sales 34 41 21 -17.1% +61.9%
Average Days on Market 28 35 18 -20.0% +55.6%
Sale-to-Original List Price 96.7% 97.0% 100.0% -0.3 pts -3.3 pts

What this means

Market Conditions

Homes took longer to sell in November than they did a year ago. Why? Active listings are up nearly 50% year over year, and that means more options for buyers to compare before committing.

Sales volume is up. Pending activity is up sharply, 61.9% year over year. Prices are holding well above where they were two years ago. People are taking their time, and deals are still getting done.

For Sellers

96.7% of original list price is a strong number, plain and simple. But the gap between that and 100% matters more than it did last November. Homes priced with precision are closing quickly. Homes priced on hope are sitting past 30 days, and that's exactly when buyers start to negotiate harder.

For Buyers

You have more to work with than you did a year ago, and that's real leverage. Longer days on market and rising inventory mean you can walk through a home without feeling rushed into an offer. Just know that strong homes in strong condition are still moving fast, so use the extra room to move thoughtfully, not slowly.

Featured Chevy Chase Market Highlights

Inventory Is Finally Catching Up

Active listings rose 47% year over year in November and 71% in October. For the first time in a while, Chevy Chase buyers have real choices in front of them.

Days on Market Are Stretching Out

Homes averaged 28 days on market in November, up from 18 a year ago. It's a more typical rhythm after a stretch of unusually fast sales.

Prices Are Still Climbing, Just Not in a Straight Line

Average sale price is up both months year over year, even though the median dipped in November. In a market this size, those month-to-month swings often come down to which specific homes happened to close, not a shift in overall demand.

Sellers Are Still Winning.

A sale-to-list ratio in the high 96% to 97% range still favors sellers. It's down from 100% a year ago, though, which means pricing strategy matters more now than it has in years.

Looking Ahead

As we move toward winter, expect inventory to hold steady or dip seasonally before the spring surge begins. Chevy Chase's fundamentals remain strong: proximity to DC, top-tier schools, and consistent buyer demand. The next few months are a real window to prepare, whether you're getting a home ready to list or getting your financing in order to buy.

Frequently Asked Questions

Is Chevy Chase still a seller's market? Largely yes, though it's more balanced than it was a year ago. Sale-to-list ratios remain strong, but rising inventory is giving buyers more negotiating room than they've had in recent memory.

Why are homes taking longer to sell? More active listings mean more competition among sellers and more choices for buyers, which naturally stretches out the decision-making timeline.

Are prices still going up in Chevy Chase? Average sale prices are up year over year in both October and November. Median prices can swing month to month based on which specific homes sold, so average price is often the steadier signal.

Is now a good time to buy in Chevy Chase? For buyers who've been priced out of bidding wars, this is one of the more favorable windows in recent years, with more inventory and more time to make a confident decision.

About This Report

This monthly report is prepared by The Kilner & Kirk Group using residential market data from Bright MLS and SmartCharts, covering market activity in Chevy Chase (20815). Our goal is to give buyers, sellers, and homeowners a clear, honest read on what's actually happening in this market, not just the numbers, but what they mean for the decisions you're making right now.

— John Kirk

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