Chevy Chase’s luxury market in the first week of September 2025

Chevy Chase is like the fine dining of Maryland real estate — upscale, deliberate, and not in a rush. Let’s take a closer look at what’s simmering in this prestigious market as fall approaches.

Breaking Down the Numbers

• MAI 37: The Market Action Index gives a slight edge to sellers, but things are cooling compared to last month. It’s a sign that while sellers still have leverage, the market isn’t moving at a breakneck pace.

• Median Price $1.99M: The luxury plateau is real — high-end buyers know what to expect, and the pricing reflects that steady confidence.

• 38 active listings: The pool is small, but there’s enough variety for discerning buyers to find their match.

• 77 median days on market: In Chevy Chase, shopping for a home is more like selecting a fine wine — buyers take their time, savoring each option before making a decision.

• 32% price cuts: Even million-dollar listings aren’t immune to reality checks. Sellers aiming too high are trimming prices to meet the market.

My Take

• For Sellers: In luxury markets, polish is everything. Think professional staging, pro photography, and curb appeal — there’s no room for shortcuts. Buyers here expect turnkey elegance, and the details truly matter.

• For Buyers: This is your window to negotiate. Homes that have lingered on the market for 60 days or more often signal a seller who’s ready to listen and deal. Don’t be shy about making an offer — you might be surprised.

Chevy Chase’s real estate scene is refined and measured, much like the community itself. Whether you’re buying or selling, understanding these subtle market cues can help you make your next move with confidence.

Listing in Chevy Chase? Call me at 202-553-6436 and I’ll give you a prep plan that cuts time on market without cutting your price.