Prince George’s County home sales and values continued to grow steadily in February, showing market resilience despite broader national economic uncertainties, according to the Prince George’s County Association of Realtors.
While many regions experience a typical winter slowdown, Prince George’s County maintained strong buyer demand and market stability, building on a robust close to 2024 and promising start to 2025. February’s total home sales volume increased 2.1% month-over-month to $233.5 million, driven by a 1.2% rise in the average sold price and 0.9% gain in closed sales.
Sales have grown in four of the past five months — a rare trend for fall and winter seasons. Despite February traditionally being a slow sales month, half of all listed homes went under contract within 18 days, matching 2024’s median days on market and reflecting a 28% decrease from January.
February’s average sold price increased to $455,993 — a 4.4% year-over-year gain and 0.9% increase over January. Median sold price reached $450,000, reflecting a 5.9% increase over 2024 and a 1.1% increase over January. Both price metrics set new record highs for February.
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