Spring brings fresh inventory

Prices hold firm throughout the Mid-Atlantic, with median days on the market returning to single-digit lows.

Buyers across the Washington D.C., Baltimore, and Philadelphia Metros are busy, but more inventory stayed up for sale at the end of March compared to February in each market. This may be an indication that rising interest rates are impacting the market this spring.

 
How did the market perform in March? Download the Monthly Market Reports:

WASHINGTON D.C. METRO	BALTIMORE METRO	PHILADELPHIA METRO
Monthly Market Report	Monthly Market Report	Monthly Market Report

 
High prices, low inventory, and rising interest rates will be significant factors for buyers this spring.

Demand rose for the third consecutive month in March, with each major metro recording a Moderate pace of buyer demand compared to the Steady levels of February. Condos are attracting many would-be homebuyers as the affordability and availability of other home types remain a challenge.

Dive deeper into your market down to the ZIP code! Choose any area to view the Home Demand Index April 2022 Reports. For help using the map, watch our video.

WASHINGTON-D.C.-METRO

BALTIMORE-METRO

PHILADELPHIA-METRO

Shareable resources

Key Findings - Washington, D.C. Download this graphic for the Washington D.C. Metro.		DOWNLOAD
Key Findings - Baltimore Download this graphic for the Baltimore Metro.		DOWNLOAD
Key Findings - Philadelphia Download this graphic for the Philadelphia Metro.		DOWNLOAD
Weekly Market Update Access these weekly reports for real-time data on residential market activity across the Bright footprint.		ACCESS NOW

 
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