Week Ending August 16, 2026
Washington, D.C. Metro
Summary
- New contracts continue falling. There were 4,822 new purchase contracts in the Mid-Atlantic for the week ending August 16. This is an 8.8% decrease from the same week in 2025 and the second week in a row with a significant year-over-year decrease. Southern Maryland is the only sub-region with an increase in new purchase contracts for the week.
- Median list prices remain firm. The median list price across the Bright MLS service area rose 1.2% year-over-year to $424,900. Despite localized dips in the Washington Metro, MD/WV Panhandle, and Del/Mar Coastal sub-regions, the median asking price remains resilient against buyer hesitation.
- New listings are flat overall. New listings plateaued at 5,834, up just 0.1% year-over-year, snapping a four-week streak of annual growth. Performance was far more mixed at the sub-regional level, ending recent broad-based gains in inventory across the Mid Atlantic.
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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