In March of 2023, there was a significant decrease of 24%, in home sales volume in the Washington metro area as only 4,310 homes were sold, compared to the corresponding month in 2022.

Despite the decline in sales volume, the median sale price in the region saw an increase of 1% YoY, totalling $565,000 for the period from January to March 2023.

Learn more about the metrics in PropMix Market Insights.

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