Skip to main content

March 2026 market report

Page 1

Washington, D.C. Metro

March 2026 Housing Market Report Prepared by Bright Research

Data as of April 6, 2026

Key Market Statistics

Mar 2026

Mar 2025

Change

YTD 2026

YTD 2025

Change

3,818

3,631

+5.2%

9,365

9,558

-2.0%

Median Sold Price

$635,000

$625,000

+1.6%

$610,000

$599,000

+1.8%

Median Days on Market

11 days

8 days

+3 days

20 days

12 days

+8 days

New Pending Sales

5,213

4,952

+5.3%

11,919

11,439

+4.2%

New Listings

5,578

5,925

-5.9%

15,040

15,836

-5.0%

Active Listings

8,610

8,234

+4.6%

8,610

8,234

+4.6%

Months of Supply

2.10

1.98

+0.12 mos.

2.10

1.98

+0.12 mos.

109,513

106,484

+2.8%

267,362

260,668

+2.6%

Closed Sales

Showings

Housing Market Trends

Market Outlook

Uncertain start to the spring housing market in the Washington D.C. Metro Area. Buyers were more active in the regional housing market in March. The number of new pending sales was up 5.3% compared to a year ago. Showing activity was also higher, increasing by 2.8% year-over-year.

The Washington D.C. area housing market showed some positive signs in March, however there are still headwinds to the spring homebuying season. Mortgage rates have been rising for the past five weeks and the on-going conflict with Iran is creating economic and political uncertainty.

Sellers are also starting to re-engage in the market. While the number of new listings in March was down 5.9% compared to a year ago, new listing activity surged by 56.1% between February and March.

The median home price in the region was $635,000 in March, a gain of just 1.6% year-over-year. But price trends were a mixed bag across the region, with prices higher in the District of Columbia and Suburban Maryland, while falling in some Northern Virginia jurisdictions. Homes are still selling relatively quick in many parts of the region. The median days on market was 11, just three days slower than a year ago.

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

7% 6%

5% 4% Apr '25

Apr '26

Source: Freddie Mac

For more, visit brightmls.com/research


Turn static files into dynamic content formats.

Create a flipbook
March 2026 market report by hagenbergstrom - Issuu