The market · Cleveland Park

Cleveland Park housing market, December 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.

$552,000
median sale price, 3-month rolling
$452,500 a year earlier · +22.0%
6
homes sold
12 in December 2022 · −50.0%
7.73
months of supply, 3-month rolling
3.48 in December 2022 · +122.1% · monthly figure not shown: 6 sales · favors buyers
28
average days on market, 3-month rolling
18 in December 2022 · +55.6% · monthly figure not shown: 6 sales
4
new listings
8 in December 2022 · −50.0%
Cleveland Park closed 6 single-family sales in December 2023, −50.0% from 12 in December 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: $552,000, +22.0% from $452,500 a year earlier. Buyers had 27 homes to choose from on average (20 a year ago), and months of supply stood at 7.73 on a three-month rolling basis — favors buyers by the usual four-to-six-month rule of thumb. Over the three months to December 2023, homes that sold had averaged 28 days on market (a fast pace); 4 new listings came on against 8 a year earlier. In the 2 earlier Decembers on record (2021–2022), sales ran from 12 to 14 and the monthly median from $462,500 to $493,000.

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

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

Cleveland Park, December 2023 against December 2022
MeasureDecember 2022December 2023Change
126−50.0%
$462,500$625,000+35.1%
$567,908$685,833+20.8%
$348$293−15.8%
1820+11.1%
84−50.0%
71−85.7%
2027+35.0%
117−36.4%
3134+9.7%
2.235.57+149.8%
$695,964$803,414+15.4%
98.16%98.44%+0.3%
7830−61.5%
4824−50.0%
8159−27.2%

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

More tables for December 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
December 20236$625,000$2934275.5720
November 20234$552,000$3391628843
October 20232$542,500$320122513.6922
September 20233$525,000$35110237.9515
August 202310$438,950$3519182.2727
July 20232$575,000$30117148.7750
June 20237$520,000$3222152.783
May 202310$725,000$34912131.9827
April 20235$795,000$2947113.0926
March 20236$773,500$33110132.8422
February 202311$475,000$3542172.3431
January 20236$429,950$32022194.3428

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.

December, year by year
MonthSoldMedian sale priceMedian $/sq ftNew listingsFor sale (avg)Months of supplyAvg days on market
December 20236$625,000$2934275.5720
December 202212$462,500$3488202.2318
December 202114$493,000$348550.774

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

December 2023 on a rolling basis
MeasureMonthly3-month rolling6-month rolling12-month rolling3-month, December 202212-month, December 2022
Median sale price$625,000$552,000$525,000$535,000$452,500$560,000
Median sale price per sq ft$293$322$339$339$349$351
Months of supply5.577.735.813.893.482.05
Average days on market, homes sold202828251816
Homes sold (per month)644678

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 December 2023

Were home prices in Cleveland Park dropping in December 2023?
No — up. The three-month rolling median sale price was $552,000 in December 2023, +22.0% from $452,500 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 December 2023?
A buyer’s market, by the usual rule: 7.73 months of supply in December 2023 on a three-month rolling basis (under four favors sellers, over six favors buyers), against 3.48 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 December 2023?
With 6 sales in December 2023, a monthly average would mislead; over the three months to December 2023 homes that sold had averaged 28 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 December 1, 2022 through September 30, 2026. © 2026 Realtracs, Inc.