March Sees Largest Year-Over-Year Drop in Pending DC Metro Home Sales Since 2011

This is usually the beginning of the busiest season for home sales in the D.C. metro area, but a new report shows March had the biggest year-over-year drop in pending sales since 2011. The listing service, Bright MLS, reports 5,080 homes went under contract in March, down 15.3% from March 2019. The report shows 5,886 active listings, continuing an already-existing…