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DOGE Housing Tracker: New Listings Rise In DC Area Over Last Week

  • February 24th

by UrbanTurf Staff

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A week ago, UrbanTurf reported on data that essentially refuted the notion that a flood of new homes were hitting the market in the DC region as the result of cuts to the federal government. Now, Bright MLS has started tracking that listing activity on a weekly basis. 

The new Bright MLS dashboard finds that there was an uptick in new listings coming online in the DC area. Specifically, there were approximately 13% more listings on the market last week than the same week in 2024. 

A quick caveat: Bright MLS warns that housing market activity can fluctuate significantly from week to week. "We urge caution about drawing conclusions from just one week of data and rather should watch trends over time."

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In addition to more homes hitting the market, prices may be softening slightly. The median price of a home hitting the market was about 1% higher last week compared to a year ago, a lower increase compared to the 4-5% that has become the norm. 

"Affordability has been a major constraint in the Washington, D.C., area housing market, which could be one reason list prices are rising more slowly than in other parts of the Mid-Atlantic," Bright MLS stated. "During the last week, 7.5% of active listings in the region had a price reduction, slightly higher than the share with a price drop in the Bright MLS region overall."

See other articles related to: doge tracker

This article originally published at https://dc.urbanturf.com/articles/blog/doge_housing_tracker_new_listings_rise_in_dc_area_over_last_week/23229.

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