The Washington region saw an all-time-high listing price the week ending April 14.
Homes going to market for that week had a median listing price of $649,000, according to figures reported by Bright MLS, the region’s multiple-listing service. That’s up 3 percent from a week before and an increase of 8.2 percent from a year ago, and beats the previous all-time high, set during a week in March 2023.
Across the metro area, median listing prices for the week ranged from $449,900 in Prince George’s County to $1,400,000 in Falls Church. Among major Northern Virginia locales:
> The median listing price in Arlington was $819,450.
> The median listing price in Loudoun County was $774,900.
> The median listing price in Alexandria was $764,950.
> The median listing price in Fairfax County was $750,000.
In Prince William County, which is tracked by Bright MLS as part of its Central Virginia coverage area, the median listing price for the week was $617,400.
Other data from the week ending April 14 from the Northern Virginia region:
• Properties going to contract totaled 1,635, up 31 percent from a week before (as the market moves into its prime season) and up 20.3 percent from a year ago.
• Showings for the week totaled 26,585, down 8.4 percent from a week before and off 16.6 percent from year before.
• A total of 1,580 new listings came onto the market, up 0.8 percent from a week before and increasing 6.3 percent from a year prior.
• There were 5,627 active listings on the market, up 1.5 percent from the preceding week and up 11.6 percent from a year earlier.
• A total of 7.1 percent of listed properties saw listing-price cuts during the week, down from both a week and a year before.
For more data from the week’s activity, see the Website at https://brightmls.com/article/12040.
