Danielle Hale, Chief Economist for Realtor.com
March 7, 2025
Greater D.C. Area: Weekly Housing Market Update
Monitor the latest market activity in and around the nation’s capital with our experts’ week-by-week data breakdown.
March 10, 2025 by Lisa Sturtevant, Phd
- New listing activity rising seasonally in the D.C. region. The number of new listings coming on the market this past week is higher than last week, which is a typical seasonal trend. In the Washington D.C. region, new listings rose by 10.5% compared to last week. Across the overall Bright MLS service area, new listings were up 10.9% week-to-week. Early March tends to be the time of the year when prospective sellers are getting set to list in anticipation of the spring housing market.
- Listings are still relatively higher in the Washington D.C. region though it is still too early to tell the extent to which DOGE is impacting homeowners. A total of 2,050 new listings came onto the market across the greater Washington D.C. region last week, which was 20.5% higher than the same week a year ago. Listings were up just 14.3% year-over-year in the broader Bright MLS footprint. If D.C. area homeowners were selling because they were impacted by federal government layoffs or back-to-the office mandates, we will continue to see relatively higher listing activity in the region in the weeks to come.
- The Southern Maryland market may be one to watch. In Calvert County and Charles County in Maryland, new listing activity spiked this week. While it’s not possible to attribute this activity to federal government workforce changes, this market is one to watch. About one in five workers living in Calvert and Charles counties is a civilian federal government worker, according to data from the 2023 American Community Survey. In addition, these Southern Maryland communities attracted a lot of homebuying activity during the pandemic, including many workers who were able to work remotely at the time and may now be called back to the office.
- Buyers are still out in the Washington D.C. region. There were 1,600 new pending contracts on homes in the D.C. region last week, a 12.1% increase compared to a week ago. This is a stronger week-to-week gain than we see in the broader Bright MLS service area and is a testament to the on-going demand within the area’s housing market. Places with more listing activity—for example, Calvert and Charles counties—saw some of the strongest uptick in new pending contract activity, as buyers took advantage of the increased availability of homes for sale.
