HOMESbyRP, LLC of eXp Realty / Richard Pearrell
Chevy Chase, MD
Single-Family Homes
https://HOMESbyRP.com GRI, Associate Broker DC, MD, VA & REALTOR® in FL at eXp Realty, LLC / (301) 991-7061
Chevy Chase, MD
Sun Aug 23 2026
This week the median list price for Chevy Chase, MD is $1,999,900 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 31.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $1,999,900 | |
| Median Price of New Listings | $1,695,000 | |
| Per Square Foot | $557 | |
| Average Days on Market | 82 | |
| Median Days on Market | 70 | |
| Price Decreased | 39% | |
| Price Increased | 0% | |
| Relisted | 10% | |
| Inventory | 31 | |
| Median Rent | ||
| Market Action | 44 | |
| Slight Seller's Advantage | ||
Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. The Market Action Index is a good leading indicator for the durability of this trend.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $4,642,500 | 5,801 | 0.25 - 0.5 acre | 6 | 5.8 | 61 | 0 | 0 | 84 |
| $2,239,500 | 4,265 | 8,000 - 10,000 sqft | 5 | 4.8 | 75 | 0 | 0 | 84 |
| $1,697,000 | 3,278 | 6,500 - 8,000 sqft | 4 | 3.5 | 95 | 2 | 1 | 77 |
| $1,100,000 | 2,268 | 8,000 - 10,000 sqft | 3 | 3 | 77 | 1 | 0 | 28 |