The official table showed a sharp spring acceleration
NVAR's March Home Sales Report recorded 1,719 closed sales, up 43.0 percent from March 2025, with a median sold price of $760,000. Sold dollar volume in the committed series was approximately $1.54 billion.
The table also reported 24 average days on market. Transaction growth was much stronger than the 0.6 percent annual increase in the median price.
Spring inventory increased without creating balance
The PDF recorded 2,434 active listings and 1.33 months of supply. Inventory rose materially from February, but the supply measure remained far below a balanced-market range.
Buyers had more listings to compare as spring began, while sellers still benefited from limited supply when price and presentation matched demand.
NVAR's March narrative and table conflict
The accompanying NVAR article lists 1,336 closed sales, $1.19 billion in volume, 1,938 active listings, 1.39 months of supply, and 25 days on market. Those values conflict with the official tabular PDF.
The interactive series uses the PDF values under the stated source hierarchy. Separately, Bright MLS reported 16,040 March closed sales across the Mid-Atlantic, a $425,000 median price, and 39,495 active listings; those broader figures remain editorial context only.
What this means for your next move
Use the extra context, not just the headline.
- Expect more new choices alongside a seasonal increase in competing demand.
- Use the additional market time to compare properties, but remain prepared for well-positioned listings to move faster than the average.
- Base decisions on property-level evidence rather than the conflicting narrative and tabular regional totals.
Compete against today's alternatives.
- Price against the expanding spring inventory while recognizing that transaction activity also increased materially.
- Review showing response during the first two weeks before interpreting the regional market-time average.
- Keep source discrepancies separate from the comparable-sales evidence used to position an individual home.
Sources
Common questions
Why do the March NVAR totals differ between sources?
NVAR's official March PDF and accompanying article publish conflicting values. The charts use the tabular PDF under the site's documented source hierarchy, and both sources remain linked for transparency.
Did more March inventory create a buyer's market?
No. The PDF series reported 1.33 months of supply, which remained strongly constrained despite the seasonal increase in active listings.