Washington, D.C. Metro
May 2025 Housing Market Report
Prepared by Bright Research
Key Market Statistics
Home prices hit a new record high in the Washington D.C. region. Despite rapidly-rising inventory, the median home price was up 3.1% compared to a year ago, hitting a new record high of $659,950 in the D.C. region. Home prices rose in all major markets, with the exception of Frederick County, MD.
Home sales had been sluggish throughout the spring, as announcements of federal government layoffs mounted and economic uncertainty increased. In May, there was a total of 4,790 closed sales across the region, which was down 6.5% compared to last May.
However, there still appear to be active buyers in the market. New pending sales were up 3.5% over last year and rose by 6.5% from April. Buyers appear to be taking advantage of increased inventory. At the end of May, there were 10,413 active listings, a 41.6% increase over a year ago.
The number of new listings coming onto the market surged earlier this spring, though new listing activity was only up by 0.4% year-over-year in May.
The Washington D.C. area housing market has been slowerthan-typical this spring, but it has fared much better than some expected in the face of cuts to the federal workforce and general economic uncertainty. It may be too early to see the impacts of job cuts as more people will make decisions about buying and selling as we get past the end of the school year and into the summer.
Source: Freddie Mac
May 2025
May '25 vs. May '24
May '25 vs. Apr '25
4,790 -6.5% +7.5% (May '24: 5,121) (Apr '25: 4,454)
Median Sold Price
May 2025
May '25 vs. May '24
May '25 vs. Apr '25
$659,950 +3.1% +0.7% (May '24: $640,000) (Apr '25: $655,215)
Median Days on Market
May '25 vs. May '24 May 2025
May '25 vs. Apr '25
8 days +2 days +1 day (May '24: 6 days) (Apr '25: 7 days)
May 2025
May '25 vs. May '24
(May '24: 5,176) (Apr '25: 5,029)
May '25 vs. Apr '25
May 2025
May '25 vs. May '24
May '25 vs. Apr '25
5,991 +0.4% (May '24: 5,970) -1.2% (Apr '25: 6,063)
May 2025
May '25 vs. May '24
May '25 vs. Apr '25
10,413 +41.6% +6.1% (May '24: 7,353) (Apr '25: 9,815)
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
2,358 May 2025 -5.3%
May '25 vs. May '24 (May '24: 2,490) +10.9%
May '25 vs. Apr '25 (Apr '25: 2,126)
$850,707
May 2025
+0.5%
May '25 vs. May '24 (May '24: $846,250) -2.6%
May '25 vs. Apr '25 (Apr '25: $873,667)
$900,000
$850,000
$800,000
$750,000
$700,000
$650,000
$600,000
$550,000
$500,000
Median Days on Market
7 days
May 2025
+1 day
May '25 vs. May '24 (May '24: 6 days)
+1 day
May '25 vs. Apr '25 (Apr '25: 6 days)
New Pending Sales
2,568
May 2025
+6.8%
May '25 vs. May '24 (May '24: 2,404) +2.6%
May '25 vs. Apr '25 (Apr '25: 2,504)
2,743
May 2025
May '25 vs. May '24 (May '24: 2,606) +0.8%
May '25 vs. Apr '25 (Apr '25: 2,722)
4,336
May 2025
+44.2%
May '25 vs. May '24 (May '24: 3,006)
+9.8%
May '25 vs. Apr '25 (Apr '25: 3,949)
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.
Prepared by Bright Research
1,283 May 2025
+2.5%
May '25 vs. May '24 (May '24: 1,252)
+5.1%
May '25 vs. Apr '25 (Apr '25: 1,221)
$625,000
May 2025
+1.6%
May '25 vs. May '24 (May '24: $615,000)
+0.9%
May '25 vs. Apr '25 (Apr '25: $619,500)
Median Days on Market
8 days
May 2025
+2 days
May '25 vs. May '24 (May '24: 6 days)
+1 day
May '25 vs. Apr '25 (Apr '25: 7 days)
New Pending Sales
1,424
May 2025
+1.2%
May '25 vs. May '24 (May '24: 1,407)
+8.3%
May '25 vs. Apr '25 (Apr '25: 1,315)
1,594
May 2025 -2.9%
May '25 vs. May '24 (May '24: 1,641) -2.5%
May '25 vs. Apr '25 (Apr '25: 1,635)
2,400
May 2025
+34.5%
May '25 vs. May '24 (May '24: 1,785)
+5.0%
May '25 vs. Apr '25 (Apr '25: 2,285)
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.
Prepared by Bright Research Data as of June 5, 2025
Market Statistics
1,146 May 2025
-16.8%
May '25 vs. May '24 (May '24: 1,378)
+3.6%
May '25 vs. Apr '25 (Apr '25: 1,106)
$399,000
May 2025
+0.6%
May '25 vs. May '24 (May '24: $396,500) -0.3%
May '25 vs. Apr '25 (Apr '25: $400,000)
$420,000
$400,000
$380,000
$360,000
$340,000
$320,000
$300,000
Median Days on Market
16 days
May 2025
+7 days
May '25 vs. May '24 (May '24: 9 days)
+3 days
May '25 vs. Apr '25 (Apr '25: 13 days)
New Pending Sales
1,364
May 2025
+0.1%
May '25 vs. May '24 (May '24: 1,363)
+13.2%
May '25 vs. Apr '25 (Apr '25: 1,205)
1,653
May 2025 -3.8%
May '25 vs. May '24 (May '24: 1,719) -3.0%
May '25 vs. Apr '25 (Apr '25: 1,705)
3,677 May 2025
+43.5%
May '25 vs. May '24 (May '24: 2,562)
+2.7%
May '25 vs. Apr '25 (Apr '25: 3,581)
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.