April Market Update
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.
April Market Update for the DC Metro Area
9,002
New Listings
5,622
Active Listings
7,037
Under Contract
6,272
Closed Sales
Homes Sold
103.6%
Sale-to-List Price
$711,631
Average Sales Price
0.9
Months of Supply
14
Average Days on Market
$413
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.