Friday Market Pulse

What does the market look like right now?

Across the DC Metro region within RLAH @properties, the average home going under contract received 2 offers this week, and 38% of new contracts had multiple offers.

Three quick takeaways from this week’s data:

1. Multiple offers were common.

38% of new contracts involved multiple offers, meaning more than a third of homes that went under contract had competing buyers.

2. Most homes still sell at or above asking price.

33% sold above list and 48% sold at list. That means 81% closed at or above the asking price.

3. Inspections are still part of most deals.

While some buyers waive inspections to compete, most contracts still include either a full inspection or a pre-inspection.

What it means:

Across the DC Metro market within RLAH @properties, demand remains healthy heading into the spring market. Buyers still have options, but well-priced homes continue to attract strong interest.

Note: Offer counts are based on RLAH @properties listings that became newly active and went under contract during the subject week.

Ready to make a move?

Selling? Get a pricing plan and a clear next step. Free home valuation here: https://feldmangroupre.com/home-valuation.html

Buying? Set up real time MLS alerts on Zenlist: https://zenlist.com/a/corey.feldman

Not seeing what you want on the MLS? RLAH has the largest off market database in the DC metro. Text me “OFF MARKET” + your zip codes: 301-564-3058. If you happen to be looking in Kemp Mill (Silver Spring), or Fox Hills West (Potomac), or The Promenade (Bethesda) I have some inside information.

Corey Feldman

Licensed Real Estate Agent · The Feldman Group at RLAH@properties

Serving Montgomery County, MD — including Potomac, Bethesda, Rockville, and beyond. Get in touch · 301-564-3058