The Mid-Atlantic region tracked by Bright MLS recorded 235,565 total home sales in 2025, up by a scant 0.1% compared to 2024. But while December sales were up 3.8% year-over-year, that year-end bump-up wasn’t enough to offset the year’s lethargic sales total.
Last year, the region recorded a 4.1% year-over-year increase in new listings. There were 36,578 active listings on the market across the Mid-Atlantic region at the end of 2025, an 18.7% increase over the year prior. The median sold price in the Mid-Atlantic was nearly $425,000 in 2025, which was a 3.6% increase over 2024. Price growth was softer in markets where inventory has increased quickly, including in the Del/Mar Coastal and suburban Maryland markets.
“There is a lot of pent-up demand in the market, and buyers do have more choices than they have had in years,” said Bright MLS Chief Economist Lisa Sturtevant. “But even with mortgage rates coming down, affordability is still a major challenge for many buyers, particularly first-time buyers.”
Among the region’s major markets, the Philadelphia metro area saw a 1.3% year-over-year increase in closed sales during 2025 while the median price in 2025 was $390,000, up 4.0% from 2024. In the Baltimore metro area, overall sales were down 0.9% in 2025 compared to 2024 while the median sold price was $400,000, a 3.4% increase from 2024.
For the Washington DC metro, federal government layoffs, economic uncertainty, and continued affordability pressure resulted in a 2.0% year-over-year decline in closed sales. However, the median price in the region was $627,000 in 2025, which was up 3.6% despite a softening in price growth.
