The market · Cleveland Park

Cleveland Park housing market, January 2023

Single-family homes inside the Cleveland Park map area in the RealTracs MLS. This page is built from RealTracs’ five-year monthly file as reported on October 28, 2026; the change column is worked out from that file. The live Cleveland Park page has the current month, the map and every data set.

$446,405
median sale price, 3-month rolling
$617,750 a year earlier · −27.7%
6
homes sold
2 in January 2022 · +200.0%
3.78
months of supply, 3-month rolling
0.93 in January 2022 · +306.5% · monthly figure not shown: 6 sales · favors sellers
23
average days on market, 3-month rolling
5 in January 2022 · +360.0% · monthly figure not shown: 6 sales
22
new listings
7 in January 2022 · +214.3%
Cleveland Park closed 6 single-family sales in January 2023, +200.0% from 2 in January 2022. With only 6 sales in the month, the monthly median swings on a single house, so the figure to watch is RealTracs’ three-month rolling median: $446,405, −27.7% from $617,750 a year earlier. Buyers had 19 homes to choose from on average (6 a year ago), and months of supply stood at 3.78 on a three-month rolling basis — favors sellers by the usual four-to-six-month rule of thumb. Over the three months to January 2023, homes that sold had averaged 23 days on market (a fast pace); 22 new listings came on against 7 a year earlier.

Written from the figures on this page by fixed sentences. No forecasts.

January 2023 vs. January 2022

The month, number by number

Every figure RealTracs reports for the month, against the same month a year earlier. Pick a row and the bars show that measure for January in every year on file; the link under them opens its full history on the live page.

Cleveland Park, January 2023 against January 2022
MeasureJanuary 2022January 2023Change
26+200.0%
$662,500$429,950−35.1%
$662,500$429,800−35.1%
$392$320−18.4%
528+460.0%
722+214.3%
613+116.7%
619+216.7%
79+28.6%
1428+100.0%
4.774.34−9.0%
$596,815$763,536+27.9%
101.48%100%−1.5%
4637−19.6%
3621−41.7%
8480−4.8%

Change is worked out here from the two monthly figures in RealTracs’ five-year file.

More tables for January 2023: the last twelve months, this month in every year, the rolling basis
Month by month, monthly figures
MonthSoldMedian sale priceMedian $/sq ftNew listingsFor sale (avg)Months of supplyAvg days on market
January 20236$429,950$32022194.3428
December 202212$462,500$3488202.2318
November 20223$380,000$28812218.8931
October 20227$455,000$39016193.3113
September 20225$575,000$45613153.845
August 20227$515,000$38718132.5218
July 20224$580,500$341684.32
June 202214$650,900$35813111.193
May 20226$470,000$4311561.8962
April 202219$557,000$3881160.668
March 20227$600,000$2851541.187
February 202211$550,000$3141440.8631

Every figure as RealTracs reports it for that month. Months with fewer than 10 sales are small samples: their median is the median of a handful of houses, and the page’s headline figures use RealTracs’ rolling medians for them.

January, year by year
MonthSoldMedian sale priceMedian $/sq ftNew listingsFor sale (avg)Months of supplyAvg days on market
January 20236$429,950$32022194.3428
January 20222$662,500$392764.775

The same calendar month in every year the five-year file covers — the comparison behind the “earlier years” sentence above.

January 2023 on a rolling basis
MeasureMonthly3-month rolling6-month rolling12-month rolling3-month, January 202212-month, January 2022
Median sale price$429,950$446,405$462,450$552,000$617,750$477,500
Median sale price per sq ft$320$344$359$351$345$314
Months of supply4.343.783.492.130.931.16
Average days on market, homes sold2823181759
Homes sold (per month)67781210

RealTracs’ own rolling figures: each is worked out over the sales of the last 3, 6 or 12 months, not averaged from the monthly numbers. A rolling count is the average per month. These are the figures the page quotes when a month has fewer than 10 sales.

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Questions

Cleveland Park in January 2023

Were home prices in Cleveland Park dropping in January 2023?
Down. The three-month rolling median sale price was $446,405 in January 2023, −27.7% from $617,750 a year earlier. The rolling figure is used because only 6 homes sold in the month.
Was Cleveland Park a buyer’s or a seller’s market in January 2023?
A seller’s market, by the usual rule: 3.78 months of supply in January 2023 on a three-month rolling basis (under four favors sellers, over six favors buyers), against 0.93 a year earlier. The rolling figure is used because only 6 homes sold in the month.
How fast were homes selling in Cleveland Park in January 2023?
With 6 sales in January 2023, a monthly average would mislead; over the three months to January 2023 homes that sold had averaged 23 days on market, a fast pace.
How this page is built
Every figure is read from RealTracs’ own export for the Cleveland Park map area — the Snapshot report for the month and the five-year Timeline files for all eight data sets, monthly and 3-, 6- and 12-month rolling. Files are kept as downloaded, with a manifest of download names and checksums, so any number here can be traced to its file. The only arithmetic on the page is labelled where it appears: a change worked out from two monthly figures, and the ranges in the “earlier years” sentence. Months with fewer than 10 sales are flagged as small samples and their price figures switch to RealTracs’ rolling medians. The summary and the questions are filled from fixed sentences — no forecasts, no advice. “Favors sellers / balanced / favors buyers” follows the usual rule of thumb for months of supply: under four, four to six, over six. Days on market: under 30 is called a fast pace, over 60 slow.

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Source: RealTracs MLS, Analytics → Market Trends, the Cleveland Park map area (saved in RealTracs as “East- Cleveland Park”), residential single-family. Report dated October 28, 2026. Based on information from Realtracs® for the period January 1, 2022 through September 30, 2026. © 2026 Realtracs, Inc.