A total of 23,739 new contracts were signed in April within the Mid-Atlantic region served by Bright MLS. This marked a 5.6% increase from one year earlier and the highest April total since 2022. April also saw 28,060 new listings, an 8.1% year-over-year spike and a four-year high for the month, rising 8.1% year-over-year.
Total active listings at the end of last month rose to 45,295, a 10.6% increase from April 2025last year. The region’s median sold price was $435,000, a 2.4% upswing from one year earlier.
“While the spring housing market got off to a slow start, both buyers and sellers were much more eager in April,” said Bright MLS Chief Economist Lisa Sturtevant. “As rates dipped in mid-April, some buyers were enticed to get into the market, possibly to hedge against future interest rate volatility. However, the outlook for the months ahead remains fragile as volatile mortgage rates and economic uncertainty continue to be headwinds.”
In the region’s major markets, new pending sales within the Philadelphia metro area increased 4.0% year-over-year to 6,813, the highest level in four years. There were 8,417 new listings, a 6.5% annual gain and the highest April listings since 2022. The median sold price was up by 2.6% to $395,000.
The Baltimore metro area experienced a 1.1% year-over-year uptick in sales activity, although new pending sales in April were down 1.3%. New listings rose 5.0% to 3,448 and the total active inventory increased by 14.9%. The area’s median sold price held flat at $400,000.
The Washington, DC metro area recorded a 7.1% year-over-year rise in new listings, with new pending sales up 9.3% and showing activity increasing by 12.0%. However, the median sold price of $661,000 was a slight 0.9% increase from last year.
“Warmer weather, more inventory, and a temporary drop in rates fueled a strong April across most of the Mid-Atlantic,” Sturtevant added. “There is significant pent-up demand in the marketplace, but higher-income buyers are the ones primarily driving activity while budget-conscious buyers remain more sensitive to rate volatility and economic uncertainty.”
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