Maryland & DC Real Estate Market Update – February 2025
What’s Happening in the Maryland & DC Housing Market?
Are home prices rising? Are there enough listings for buyers? Whether you’re looking to buy, sell, or just track your home’s value, this month’s Maryland & DC real estate market update has the insights you need!
📊 Market Breakdown – March 2025
🏡 Germantown, MD
Median List Price: $445,000 (+10.2%)
Active Listings: 53 (-17.2%)
Median Days on Market: 12 (-41.9%)
New Listings (Last 5 Days): 16
📌 What This Means: Prices are climbing, inventory is tightening, and homes are selling fast! If you're thinking about selling in Germantown, now is a great time.
🏡 Silver Spring, MD
Median List Price: $385,000 (-28.2%)
Active Listings: 195 (+101%)
Median Days on Market: 33 (-23.2%)
New Listings (Last 5 Days): 33
📌 What This Means: More homes are hitting the market, giving buyers more choices. Sellers need to price competitively in this shifting market.
🏡 Hagerstown, MD
Median List Price: $347,400 (+3.9%)
Active Listings: 170 (-6.1%)
Median Days on Market: 39.4 (-11.4%)
New Listings (Last 5 Days): 16
📌 What This Means: Hagerstown continues to show steady growth, making it a great market for buyers and investors looking for affordable options.
🏡 Washington, DC
Median List Price: $599,900 (-8%)
Active Listings: 1,987 (-8.8%)
Median Days on Market: 41 (-30%)
New Listings (Last 5 Days): 208
📌 What This Means: DC remains a competitive market with plenty of inventory. Sellers need to be strategic, but buyers have a lot of fresh opportunities!
📈 What This Means for Buyers & Sellers
✅ Sellers: If you’re in a high-demand area like Germantown, now is the time to list! Price strategically and take advantage of buyer demand.
✅ Buyers: If you're looking in Silver Spring or DC, you have more options! Act fast on well-priced homes, as days on market are decreasing.
About Mac
William "Mac" McCord is a licensed real estate agent in Maryland and Washington, D.C., specializing in residential and commercial properties. Known for his local expertise and digital marketing skills, Mac offers clients valuable insights on his blog and YouTube channels. Connect with Mac for trusted advice and a seamless real estate experience.
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