Gene Sementilli GRI, SRS, CRS, PSA, ePRO, MRP
301-807-7797

MLS METRO HOUSING UPDATE

January 2021 Housing Market Update: Market performance in the Washington D.C. and Baltimore Metro areas reflected the continued engagement of buyers in the new year.

Washington DC Metro Area

Baltimore Metro Area

DC Metro Area - Overview

  • Single-family homes came under contract nearly a month earlier than last year, staying up for sale only 8 days.
  • Fairfax County hit a ten-year record for single-family home median sales price ($772.5K), up by +$102.5K from last January.
  • Washington, D.C. marked its highest January condo/co-op new listing total (737) in a decade.


Baltimore Metro Area - Overview

  • January’s total sales dollar volume hit $1.01 billion (+37%).
  • Total sales volume (2,894 units) gained 15% year over year for the month.
  • Homes came under contract in 26 fewer days and landed at a median day on market of 11.
  • Howard County detached homes saw a January median sales price high of $610K.
  • Harford County had their best January in the last decade with a median sales price of $297K.



About the DC Metro Housing Market Update

The DC Metro Area Housing Market Update provides unique insights into the state of the current housing market by measuring the number of new pending sales, trends by home characteristics, and key indicators through the most recent month compiled directly from Multiple Listing Service (MLS) data in ShowingTime’s proprietary database. The DC Metro Area housing market includes: Washington, D.C., Montgomery County and Prince George’s County in Maryland, and Alexandria City, Arlington County, Fairfax County, Fairfax City, and Falls Church City in Virginia. Data provided by MarketStats by ShowingTime, based on listing activity from Bright MLS.

About the Baltimore Metro Housing Market Update

The Baltimore Metro Area Housing Market Update provides unique insights into the state of the current housing market by measuring the number of new pending sales, trends by home characteristics, and key indicators through the most recent month compiled directly from Multiple Listing Service (MLS) data in ShowingTime’s proprietary database. The Baltimore Metro Area housing market includes the City of Baltimore, Anne Arundel County, Baltimore County, Carroll County, Harford County and Howard County in Maryland. Data provided by MarketStats by ShowingTime, based on listing activity from Bright MLS.