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Monthly Market Update

Lisa Tsoupelis

Lisa Tsoupelis’s [soop-el-is] background is in management, customer service, and real estate with a degree from the University of Cambridge in Human...

Lisa Tsoupelis’s [soop-el-is] background is in management, customer service, and real estate with a degree from the University of Cambridge in Human...

Apr 11 1 minutes read

Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%

2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market. 

Our monthly market update showcases everything you need to know about local real estate trends over the last month. 

March Market Update for the DC Metro Area

11,311

New Listings

5,747

Active Listings

9,269

Under Contract

7,817

Closed Sales


Homes Sold

102.8%

Sale-to-List Price


 

$643,643

Average Sales Price

0.64

Months of Supply

16

Average Days on Market

$272

Average Price per Square Foot

Curious about how your home's value has changed?

We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.

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