CAPITOL HEIGHTS AND DISTRICT HEIGHTS HOUSING MARKET DATA

There was a decrease in total units sold in March, with 54 sold this month in Capitol Heights and District Heights Real Estate versus 59 last month, a decrease of 8%. This month's total units sold was lower than at this time last year, a decrease of 25% versus March 2024.

Versus last year, the total number of homes available this month is higher by 43 units or 39%. The total number of active inventory this March was 153 compared to 110 in March 2024. This month's total of 153 is lower than the previous month's total supply of available inventory of 161, a decrease of 5%.

Last March, the median sale price for Capitol Heights and District Heights Homes was $332,900. This March, the median sale price was $354,998, an increase of 7% or $22,098 compared to last year. The current median sold price is 3% higher than in February.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In March, there was 2.8 months of supply available in Capitol Heights and District Heights, compared to 1.5 in March 2024. That is an increase of 85% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 100 homes newly listed for sale in Capitol Heights and District Heights compared to 75 in March 2024, an increase of 33%. There were 87 current contracts pending sale this March compared to 73 a year ago. The number of current contracts is 19% higher than last March.

In March, the average sale price in Capitol Heights and District Heights was 100.1% of the average list price, which is 0.8% lower than at this time last year.

This month, the average number of days on market was 41, higher than the average last year, which was 29, an increase of 41%.





FOCUS ON: CAPITOL HEIGHTS AND DISTRICT HEIGHTS HOUSING MARKET			MARCH 2025

Zip Code(s): 20743 and 20747
Units Sold 54	Active Inventory 153	Median Sale Price $354,998	Days On Market 41

Down -25% Vs. Year Ago	Up 39% Vs. Year Ago	Up 7% Vs. Year Ago	Up 41% Vs. Year Ago


		Units Sold There was a decrease in total units sold in March, with 54 sold this month in Capitol Heights and District Heights Real Estate versus 59 last month, a decrease of 8%. This month's total units sold was lower than at this time last year, a decrease of 25% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 43 units or 39%. The total number of active inventory this March was 153 compared to 110 in March 2024. This month's total of 153 is lower than the previous month's total supply of available inventory of 161, a decrease of 5%.
		Median Sale Price Last March, the median sale price for Capitol Heights and District Heights Homes was $332,900. This March, the median sale price was $354,998, an increase of 7% or $22,098 compared to last year. The current median sold price is 3% higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 100	Current Contracts 87	Sold Vs. List Price 100.1%	Months of Supply 2.8

Up 33% Vs. Year Ago	Up 19% Vs. Year Ago	Down -0.7% Vs. Year Ago	Up 85% Vs. Year Ago


		Months of Supply In March, there was 2.8 months of supply available in Capitol Heights and District Heights, compared to 1.5 in March 2024. That is an increase of 85% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 100 homes newly listed for sale in Capitol Heights and District Heights compared to 75 in March 2024, an increase of 33%. There were 87 current contracts pending sale this March compared to 73 a year ago. The number of current contracts is 19% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Capitol Heights and District Heights was 100.1% of the average list price, which is 0.8% lower than at this time last year. Days on Market This month, the average number of days on market was 41, higher than the average last year, which was 29, an increase of 41%.


	Capitol Heights and District Heights are defined as properties listed in zip code/s 20743 and 20747.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.