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.