Get the latest insights from the Bright MLS T3 Home Demand Index and how to share them with your clients in this exclusive webinar event.
NEWS
Mid-Atlantic cools, smaller markets hold stronger
Bright Insights, June 2022: Rising mortgage rates and growing economic uncertainties suggest the housing market will continue to adjust throughout the summer.
The month of June saw cooler market conditions with fewer sales, slower price growth, and expanded inventory across the Mid-Atlantic.
Sales were down 18.1% compared to last year, but home prices continued to rise, with the median sales price up 7.8% for the region.
How did the market perform in June? Download the Monthly Market Reports:
| WASHINGTON D.C. METRO | BALTIMORE METRO | PHILADELPHIA METRO |
|---|---|---|
Buyer demand continued to track below last year in each of the major metros, remaining in the Moderate range.
The HDI shows that demand for higher-priced single-family homes and condominiums went up in the Philadelphia and Baltimore metro areas, while demand for higher-priced homes has eased in the Washington region.
Dive deeper into your market down to the ZIP code! Choose any area to view the Home Demand Index Reports. For help using the map, watch our video.
WASHINGTON-D.C.-METRO |
BALTIMORE-METRO |
PHILADELPHIA-METRO |
Shareable resources
Mid-Atlantic OverviewDownload the June 2022 report. |
![]() |
DOWNLOAD |
Key Findings - Washington, D.C.Download this graphic for the Washington D.C. Metro. |
![]() |
DOWNLOAD |
Key Findings - BaltimoreDownload this graphic for the Baltimore Metro. |
![]() |
DOWNLOAD |
Key Findings - PhiladelphiaDownload this graphic for the Philadelphia Metro. |
![]() |
DOWNLOAD |
Weekly Market UpdateAccess these weekly reports for real-time data on residential market activity across the Bright footprint. |
![]() |
ACCESS NOW |
Want to see the statistics for your county?
Register for your free SmartCharts account to view monthly housing statistics for your county. And, if you want to dive even deeper, upgrade to SmartCharts Pro for zip code and school district-level statistics. Register today!
Get Answers from Our Expert
Have questions about the current housing market you'd like Bright's Economist, Lisa Sturtevant, to address in an upcoming article? Let us know!
Recent articles
Bright Insights, May 2022: Suburban and rural markets are driving supply gains across the Mid-Atlantic.







