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Market in a Minute & StatPak April 2025
We profile the most important market indicators every month – contract activity, interest rates, inventory, affordability and direction of the market – in an easy to read and digest summary. It’s not just the numbers; it provides context to understand why the numbers are important and what they mean for the future of the market. Published for Washington, DC, Montgomery County, Prince George’s County, Northern Virginia, and Loudoun County. A quick summary of last month’s contract activity is shown below. To see the complete “Market in a Minute” reports for each jurisdiction we cover, click on the corresponding links.
What’s the Urgency Index?
This is simply the measure of the percentage of homes going under contract that were on the market 30 days or less, giving a sense of how quickly buyers feel they must act to put an offer on a home. To see your market’s Urgency Index click the link to view the full report.
Washington, DC
April 2025 StatPak – View Full Report
Contract activity in March 2025 was down 5.3% from March 2024 and was down in four out of six price categories. Through the first three months of the year, contract activity is down 4.8%. The average number of days on the market for homes receiving contracts was 65 days in March 2025, up from 47 days in March 2024.
Montgomery County
April 2025 StatPak – View Full Report
Contract activity in March 2025 was down 2.4% from March 2024 and was down in two out of six price categories. Through the first three months of the year, contract activity is down 1.5%. The average number of days on the market for homes receiving contracts was 26 days in March 2025, up from 19 days last March.
Prince George’s County
April 2025 StatPak – View Full Report
Contract activity in February 2025 was down 23.3% from February 2024 and was down for four out of five price categories. Through the first two months of the year, contract activity is down 19.9%. The average number of days on the market for homes receiving contracts was 39 days in February 2025, up from 38 days in February 2024.
Northern Virginia
April 2025 StatPak – View Full Report
Contract activity in March 2025 was up 5.2% from March 2024 and was up for three price categories. Through the first three months of the year, contract activity is down 2.4%. The average number of days on the market for homes receiving contracts was 17 days in March 2025, down from 20 days last March.
Loudoun County
April 2025 StatPak – View Full Report
Contract activity in March 2025 was up 23.0% from last March and was up for all price categories. Through the first three months of the year, contract activity is up 11.7%. The average number of days on the market for homes receiving contracts was 21 days in March 2025, the same as last March.
Virginia Countyside
April 2025 StatPak – View Full Report
Contract activity in March 2025 was down 2.0% from last March and was down for three price categories. Through the first three months of the year, contract activity is down 8.8%. The average number of days on the market for homes receiving contracts was 41 days in March 2025, down from 44 days last March.
Visit corcoranmce.com to search listings for sale in Washington, D.C., Maryland, Virginia, and West Virginia.
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