March 2025. Monthly Housing Market Trends Report for Arlington, VA, Washington DC and Montgomery County. This is our monthly update and insights based on year over year numbers on these three markets. What do the numbers mean to you? How can they be translated to your current needs when buying or selling?
Surge in new listings accompanied by strong buyer
activity in the Washington D.C. metro area. A total of
5,925 new listings came onto the market across the
Washington D.C. region in March. Listings were up
19.2% year-over-year and surged 44.5% between
February and March. The jump in new listings in the
D.C. region was stronger than in other markers in the
Mid-Atlantic which suggests a possible impact on the
housing market of federal government layoffs and
back-to-the-office mandates.
But sellers are still finding eager buyers. In March,
there were 4,952 new pending contracts in the
Washington D.C. region, up 3.2% compared to a year
ago and an increase of 42.1% over February.
Prices are growing more slowly than they have been
over the past couple of years. In March, the median
sold price was $625,000, up 4.2%, the slowest yearover-year price gain since October 2023
