Median sold price in region was $539,450, a decrease of 0.9%

from January 2021; average days on market in January: 33 days

In the District, there were 565 closed sales in January (a 33.3% decrease from the previous

month), while the median sold price was $645,000, a 3% decrease from the previous month

and a 7.5% increase from January 2021.

In Montgomery County, the median sold price was $486,000, down 6.4% from December and

down 2.8% as compared to January 2021. There were 774 closed sales in January, a 38.1%

decrease from the previous month and 4.9% decrease from January 2021.

Average days on the market in January were 28 in Montgomery County and 40 in the District.

Hope this was helpful!

Jordan Chronopoulos | RLAH Real Estate

[email protected]