Bright_Monthly_Market_Report_Washington_DC_April 2025

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Washington, D.C. Metro

April 2025 Housing Market Report

Prepared by Bright Research

Key Market Statistics

Housing Market Trends

Listings up, contracts lower in April in the Washington D.C. metro area. Inventory surged in April. At the end of the month, there were 9,815 active listings, a 49.4% increase over a year ago. The number of new listings coming onto the market in April was 1.7% higher than April 2024.

Homebuying activity in the D.C. region is more subdued than a year ago. The number of new pending sales in April was 6.6% lower than a year ago. Throughout the region, only Arlington County had more new pending sales in April 2025.

The Washington D.C. area housing market likely is experiencing the impact of DOGE and federal government workforce cuts. Buyers are more cautious, and listings are up more strongly than in other parts of the Mid-Atlantic.

Home prices continue upward even with the uncertainty. The median price of $655,215 in April 2025 was a record high for the region, up 2.4% year-over-year.

Data as of May 6, 2025

Outlook

Expectations for lower mortgage rates to affect the 2025 spring housing market positively have been dampened by economic uncertainty, cuts to the Federal government workforce, and return-tothe-office policies. With more new listings coming onto the market, buyers in the D.C. region will have more room to negotiate. However, prices are likely to continue to rise or hold firm in most local markets across the region.

Source: Freddie Mac

April 2025

Apr '25 vs. Apr '24

Apr '25 vs. Mar '25

4,454 -1.4% +22.7% (Apr '24: 4,518) (Mar '25: 3,631)

Median Sold Price

April 2025

Apr '25 vs. Apr '24

Apr '25 vs. Mar '25

$655,215 +2.4% +4.8% (Apr '24: $640,000) (Mar '25: $625,000)

Median Days on Market

Apr '25 vs. Apr '24 April 2025

Apr '25 vs. Mar '25

7 days +1 day -1 day (Apr '24: 6 days) (Mar '25: 8 days)

April 2025

Apr '25 vs. Apr '24

Apr '25 vs. Mar '25

5,029 -6.6% +1.6% (Apr '24: 5,386) (Mar '25: 4,952)

April 2025

Apr '25 vs. Apr '24

Apr '25 vs. Mar '25

6,063 +1.7% (Apr '24: 5,964) +2.3% (Mar '25: 5,925)

April 2025

Apr '25 vs. Apr '24

Apr '25 vs. Mar '25

9,815 +49.4% +19.2% (Apr '24: 6,569) (Mar '25: 8,234)

Local Markets

Local Markets

Local Markets

Local Market Map

MD/WV Panhandle

North Central Virginia

Washington D.C., Metro

Central Pennsylvania

Baltimore Metro

Southern Maryland

Maryland Eastern Shore

Philadelphia Metro

Del/Mar Coastal

About Bright MLS

Bright MLS was founded in 2016 as a collaboration between 43 visionary associations and two of the nation’s most prominent MLSs to transform what an MLS is and what it does, so real estate pros and the people they serve can thrive today and into our data-driven future through an open, clear and competitive housing market for all. Bright is proud to be the source of truth for comprehensive real estate data in the Mid-Atlantic, with market intelligence currently covering six states (Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia) and the District of Columbia.

Please contact Christy Reap, Media Relations Director with interview or information requests:

• (202) 309-9362

• christy.reap@brightmls.com

April 2025 Detached Single-Family Home Report

Market Statistics

2,126 April 2025

+1.2%

Apr '25 vs. Apr '24 (Apr '24: 2,101) +29.5%

Apr '25 vs. Mar '25 (Mar '25: 1,642)

$873,667 April 2025

+4.0%

Apr '25 vs. Apr '24 (Apr '24: $840,000) +7.1%

Apr '25 vs. Mar '25 (Mar '25: $815,500)

$900,000

$850,000

$800,000

$750,000

$700,000

$650,000

$600,000

$550,000

$500,000

Median Days on Market

6 days April 2025

+0 days

Apr '25 vs. Apr '24 (Apr '24: 6 days)

+0 days

Apr '25 vs. Mar '25 (Mar '25: 6 days)

New Pending Sales

2,504 April 2025

-4.5%

Apr '25 vs. Apr '24 (Apr '24: 2,622) +7.5%

Apr '25 vs. Mar '25 (Mar '25: 2,330)

2,722 April 2025

Apr '25 vs. Apr '24 (Apr '24: 2,717) +4.4%

Apr '25 vs. Mar '25 (Mar '25: 2,607)

3,949 April 2025

+49.7%

Apr '25 vs. Apr '24 (Apr '24: 2,638)

+20.8%

Apr '25 vs. Mar '25 (Mar '25: 3,268)

About Bright MLS

Bright MLS was founded in 2016 as a collaboration between 43 visionary associations and two of the nation’s most prominent MLSs to transform what an MLS is and what it does, so real estate pros and the people they serve can thrive today and into our datadriven future through an open, clear and competitive housing market for all. Bright is proud to be the source of truth for comprehensive real estate data in the Mid-Atlantic, with market intelligence currently covering six states (Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia) and the District of Columbia.

Listings

1,221 April 2025

+0.6%

Apr '25 vs. Apr '24 (Apr '24: 1,214)

+21.3%

Apr '25 vs. Mar '25 (Mar '25: 1,007)

$619,500 April 2025 -1.7%

Apr '25 vs. Apr '24 (Apr '24: $630,000) +1.6%

Apr '25 vs. Mar '25 (Mar '25: $610,000)

Median Days on Market

7 days April 2025

+1 day

Apr '25 vs. Apr '24 (Apr '24: 6 days)

-1 day

Apr '25 vs. Mar '25 (Mar '25: 8 days)

New Pending Sales

1,315 April 2025

Apr '25 vs. Apr '24 (Apr '24: 1,367)

Apr '25 vs. Mar '25 (Mar '25: 1,358)

1,635 April 2025

+2.2%

Apr '25 vs. Apr '24 (Apr '24: 1,600)

+1.4%

Apr '25 vs. Mar '25 (Mar '25: 1,612)

2,285 April 2025

+43.0%

Apr '25 vs. Apr '24 (Apr '24: 1,598)

+23.2%

Apr '25 vs. Mar '25 (Mar '25: 1,854)

About Bright MLS

Bright MLS was founded in 2016 as a collaboration between 43 visionary associations and two of the nation’s most prominent MLSs to transform what an MLS is and what it does, so real estate pros and the people they serve can thrive today and into our datadriven future through an open, clear and competitive housing market for all. Bright is proud to be the source of truth for comprehensive real estate data in the Mid-Atlantic, with market intelligence currently covering six states (Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia) and the District of Columbia.

Data as of May 6, 2025

Market Statistics

1,106 April 2025

-7.6%

Apr '25 vs. Apr '24 (Apr '24: 1,197)

+12.6%

Apr '25 vs. Mar '25 (Mar '25: 982) Months

$400,000

April 2025

+5.3%

Apr '25 vs. Apr '24 (Apr '24: $380,000)

+0.3%

Apr '25 vs. Mar '25 (Mar '25: $399,000)

$420,000

$400,000

$380,000

$360,000

$340,000

$320,000

$300,000

Median Days on Market

13 days

April 2025

+4 days

Apr '25 vs. Apr '24 (Apr '24: 9 days)

-3 days

Apr '25 vs. Mar '25 (Mar '25: 16 days)

New Pending Sales

1,205

April 2025

-13.7%

Apr '25 vs. Apr '24 (Apr '24: 1,397)

Apr '25 vs. Mar '25 (Mar '25: 1,263)

1,705 April 2025

+3.6%

Apr '25 vs. Apr '24 (Apr '24: 1,646)

+0.2%

Apr '25 vs. Mar '25 (Mar '25: 1,702)

3,581 April 2025

+53.5%

Apr '25 vs. Apr '24 (Apr '24: 2,333)

+15.1%

Apr '25 vs. Mar '25 (Mar '25: 3,112)

About Bright MLS

Bright MLS was founded in 2016 as a collaboration between 43 visionary associations and two of the nation’s most prominent MLSs to transform what an MLS is and what it does, so real estate pros and the people they serve can thrive today and into our datadriven future through an open, clear and competitive housing market for all. Bright is proud to be the source of truth for comprehensive real estate data in the Mid-Atlantic, with market intelligence currently covering six states (Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia) and the District of Columbia.

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