Bright MLS Weekly Market Report

Bright MLS Real Estate

Week Ending March 24, 2024 
Washington, D.C. Metro 

Summary 

  • Inventory has been rising for five consecutive weeks. There were 27,071 active listings across the Bright MLS service area at the end of this week, which is 8.9% higher than the same week last year. Supply has been increasing since mid-February. Active listings were up 1.1% from a week ago. 
  • Inventory has been rising for five consecutive weeks. There were 27,071 active listings across the Bright MLS service area at the end of this week, which is 8.9% higher than the same week last year. Supply has been increasing since mid-February. Active listings were up 1.1% from a week ago.  
  •  List prices remain steady. The median list price in the Mid-Atlantic was $419,900 last week. This is a slight dip of $100 from last week, keeping the price steady. The record list price of $420,000 remains unbroken, but when compared to last year, the median list price is up by 5.2%. 

About Bright MLS

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. Bright MLS’s innovative tool library—both created and curated—provides services and award-winning support to well over 100k real estate professionals, enabling their delivery on the promise of home to over half a million home buyers and sellers monthly. In 2022, Bright subscribers facilitated $121B in real estate transactions through the company’s platform.

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