Skip to main content

Feb 26 Market Report

Page 1

Washington, D.C. Metro

February 2026 Housing Market Report Prepared by Bright Research

Data as of March 5, 2026

Key Market Statistics

Feb 2026

Feb 2025

Change

YTD 2026

YTD 2025

Change

2,890

2,956

-2.2%

5,425

5,798

-6.4%

Median Sold Price

$610,000

$597,000

+2.2%

$595,000

$576,527

+3.2%

Median Days on Market

22 days

11 days

+11 days

30 days

16 days

+14 days

New Pending Sales

3,622

3,485

+3.9%

6,760

6,552

+3.2%

New Listings

3,574

4,099

-12.8%

8,018

8,601

-6.8%

Active Listings

7,612

6,857

+11.0%

7,612

6,857

+11.0%

Months of Supply

1.86

1.64

+0.22 mos.

1.86

1.64

+0.22 mos.

Showings

81,039

78,655

+3.0%

157,849

154,184

+2.4%

Closed Sales

Housing Market Trends

Market Outlook

New listings at historic lows in the Washington D.C. region in February. A total of 3,574 new listings came onto the market in February, a 12.8% decline from a year ago and the lowest number of February new listings since at least 2003. Only Frederick County, MD (+5.0%) had more new listings added in February 2026 compared to February 2025.

Caution for buyers and sellers has become the norm in today’s housing market. While lower rates will support the spring market, renewed economic uncertainty in light of the war with Iran, could impact the activity level. If sellers continue to hold back and buyers return, the Washington, D.C. metro area may begin to tighten, becoming more competitive for buyers who enter the market.

Buyers were slightly more active in February as mortgage rates fell to a 3 ½ year low. New pending sales increased 3.9% year-over-year, with new contracts on detached singlefamily homes up 7.6%.

The new pending sales activity could signal the start of spring homebuying interest, though closed sales were down 2.2% in February. Homes are remaining on the market longer, with the median days on market 11 days longer than last year. Prices were still higher, with a median price of $610,000, up 2.2% year-over-year. However, price growth has softened as supply improved. At the end of February 2026, there were 7,612 active listings on the market, an increase of 11.0%.

Weekly Avg. Mortgage Rate 30-yr fixed rate 8%

7% 6%

5% 4% Mar '25

Mar '26

Source: Freddie Mac

For more, visit brightmls.com/research


Turn static files into dynamic content formats.

Create a flipbook
Feb 26 Market Report by hagenbergstrom - Issuu