HOW’S THE MARKET REALLY? [WINTER 2025]

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THE MARKET IN ONE SENTANCE

Updated properties in prime locations are still in demand and can receive multiple offers, and dated properties in slower locations are lingering on the market.

MARKET STATISTICS

LOCAL INVENTORY

Inventory is climbing back up, but we are still slightly below pre-pandemic norms.

Active Inventory (Year Over Year): +38.2%
Active Inventory (vs. 2019 Pre-Pandemic): -2.7%

LOCAL HOME PRICE CHANGES

Yearly price growth has flattened, after the huge post-pandemic run up.

Year Over Year: +0.6%
Since March 2020 (Pre-Pandemic): +30.0%

Interest Rate Context

The market is slowly adjusting to the current interest rate levels. I have included a few reference points for historical context.

December 2025: 6.28%
January 2021: 2.83%
November 2018: 4.97%
July 2008: 6.45%
May 2000: 8.43%

Local Existing Home Sales (Resales Only)

Transaction volume has slowed significantly year over year, and also compared to the pre-pandemic market.

Total Monthly Transactions (Year Over Year): -14.4%
Total Monthly Transactions (vs. 2019 Pre-Pandemic): -43.2%

Local Days on Market

Homes are taking slightly longer to sell than last year.

Average: 38 Days
Trend: +4 Days Year Over Year

Note on the Data: I compare current figures to 2019/2020 data in some instances to provide a clear baseline, accounting for the irregular data anomalies caused by the pandemic. These statistics cover the Metro DC/VA/MD area.

MORE MARKET DATA

COMING WITH THE SPRING 2026 UPDATE: I will be adding a third section to this update specifically for those who crave a deeper understanding of market conditions and advanced analytics.