Weekly Market Report from Bright MLS (week ending March 16, 2025). Presents service-area and county/metro-level weekly metrics (showings, new purchase contracts, median time to contract, new listings, median list price, active listings, % active listings with price decreases, canceled listings), with year‑over‑year and week‑over‑week comparisons and multi‑year weekly trend charts (2021–2025). Headline: new purchase contracts slightly above 2024 for the first time this year and new listings materially higher vs. 2024, while showings remain below last year but are trending up. Regional snapshots added in this chunk: Maryland Eastern Shore (Showings: 931; New Purchase Contracts: 106; Median Time to Contract: 25 days; New Listings: 91; Median List Price: $449,999; Active Listings: 802; % Active Listings with Price Decrease: 8.9%; Canceled Listings: 4) and North Central Virginia (Showings: 6,193; New Purchase Contracts: 456; Median Time to Contract: 24 days; New Listings: 524; Median List Price: $525,000; Active Listings: 2,142; % Active Listings with Price Decrease: 8.1%; Canceled Listings: 18).
Questions this document answers
931
106
25 days
91
$449,999