Q1 2021 | DMV Market Insights

Interested in how your neighborhood fared in the first quarter of 2021? Click below to view and download the 2021 Q1 DMV Market Report to see in-depth statistics for your neighborhood!

The first quarter of 2021 outpaced 2020 in sales, with year-over-year increases in many regions. This trend continues the market behavior seen prior to the pandemic and provides further evidence that real estate simply paused at the height of cases. Low mortgage rates, pent-up demand, and reduced inventory drove opportunistic buyers to act, and January-February saw record-high sales in a number of neighborhoods. This, however, left limited choices for buyers in March, somewhat slowing the upward momentum.

Interested in how your neighborhood fared in the first quarter of 2021? Click below to view and download the 2021 Q1 DMV Market Report to see in-depth statistics for your neighborhood!

Please email us with any questions, or if you would like to discuss the market in your neighborhood!

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