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The market · Cleveland Park

Cleveland Park housing market, February 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.

$475,000
median sale price
$550,000 a year earlier · −13.6%
11
homes sold
11 in February 2022 · no change
2.34
months of supply
0.86 in February 2022 · +172.1% · favors sellers
31
average days on market
31 in February 2022 · no change
2
new listings
14 in February 2022 · −85.7%
Cleveland Park closed 11 single-family sales in February 2023, the same as 11 in February 2022. The median sale price was $475,000, −13.6% from $550,000 a year earlier. Buyers had 17 homes to choose from on average (4 a year ago), and months of supply stood at 2.34 — favors sellers by the usual four-to-six-month rule of thumb. Homes that sold had averaged 31 days on market (a normal pace); 2 new listings came on against 14 a year earlier.

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

February 2023 vs. February 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 February in every year on file; the link under them opens its full history on the live page.

Cleveland Park, February 2023 against February 2022
February 2022February 2023Change
1111no change
$550,000$475,000−13.6%
$559,295$587,600+5.1%
$314$354+12.7%
3131no change
142−85.7%
108−20.0%
417+325.0%
1211−8.3%
1628+75.0%
0.862.34+172.1%
$555,447$802,064+44.4%
100%100%no change
5576+38.2%
3532−8.6%
91106+16.5%

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

More tables for February 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
February 202311$475,000$3542172.3431
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

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.

February, year by year
MonthSoldMedian sale priceMedian $/sq ftNew listingsFor sale (avg)Months of supplyAvg days on market
February 202311$475,000$3542172.3431
February 202211$550,000$3141440.8631

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

February 2023 on a rolling basis
Monthly3-month rolling6-month rolling12-month rolling3-month, February 202212-month, February 2022
Median sale price$475,000$465,000$467,450$550,000$511,000$499,900
Median sale price per sq ft$354$353$356$358$332$315
Months of supply2.342.713.352.291.11.14
Average days on market, homes sold31252117158
Homes sold (per month)111078910

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 February 2023

Were home prices in Cleveland Park dropping in February 2023?
Down. The median sale price was $475,000 in February 2023, −13.6% from $550,000 a year earlier.
Was Cleveland Park a buyer’s or a seller’s market in February 2023?
A seller’s market, by the usual rule: 2.34 months of supply in February 2023 (under four favors sellers, over six favors buyers), against 0.86 a year earlier.
How fast were homes selling in Cleveland Park in February 2023?
Homes that sold in February 2023 had been on the market 31 days on average, a normal pace; from listing to closing took 106 days on average.
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 February 1, 2022 through September 30, 2026. © 2026 Realtracs, Inc.