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The market · Cleveland Park

Cleveland Park housing market, March 2024

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.

$709,500
median sale price, 3-month rolling
$475,000 a year earlier · +49.4%
4
homes sold
6 in March 2023 · −33.3%
9.15
months of supply, 3-month rolling
2.99 in March 2023 · +206.0% · monthly figure not shown: 4 sales · favors buyers
41
average days on market, 3-month rolling
28 in March 2023 · +46.4% · monthly figure not shown: 4 sales
21
new listings
10 in March 2023 · +110.0%
Cleveland Park closed 4 single-family sales in March 2024, −33.3% from 6 in March 2023. With only 4 sales in the month, the monthly median swings on a single house, so the figure to watch is RealTracs’ three-month rolling median: $709,500, +49.4% from $475,000 a year earlier. Buyers had 25 homes to choose from on average (13 a year ago), and months of supply stood at 9.15 on a three-month rolling basis — favors buyers by the usual four-to-six-month rule of thumb. Over the three months to March 2024, homes that sold had averaged 41 days on market (a normal pace); 21 new listings came on against 10 a year earlier. In the 2 earlier Marches on record (2022–2023), sales ran from 6 to 7.

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

March 2024 vs. March 2023

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

Cleveland Park, March 2024 against March 2023
March 2023March 2024Change
64−33.3%
$773,500$880,500+13.8%
$729,833$793,975+8.8%
$331$307−7.3%
2272+227.3%
1021+110.0%
711+57.1%
1325+92.3%
911+22.2%
2236+63.6%
2.848.8+209.9%
$698,802$900,367+28.8%
98.86%99.85%+1.0%
11139+1163.6%
2739+44.4%
53134+152.8%

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

More tables for March 2024: 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
March 20244$880,500$30721258.872
February 20245$600,000$32414205.6525
January 20241$849,900$40582128.070
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

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.

March, year by year
MonthSoldMedian sale priceMedian $/sq ftNew listingsFor sale (avg)Months of supplyAvg days on market
March 20244$880,500$30721258.872
March 20236$773,500$33110132.8422
March 20227$600,000$2851541.187

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

March 2024 on a rolling basis
Monthly3-month rolling6-month rolling12-month rolling3-month, March 202312-month, March 2023
Median sale price$880,500$709,500$615,000$600,000$475,000$551,000
Median sale price per sq ft$307$317$317$329$346$360
Months of supply8.89.158.385.142.992.4
Average days on market, homes sold724134272818
Homes sold (per month)434588

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 March 2024

Were home prices in Cleveland Park dropping in March 2024?
No — up. The three-month rolling median sale price was $709,500 in March 2024, +49.4% from $475,000 a year earlier. The rolling figure is used because only 4 homes sold in the month.
Was Cleveland Park a buyer’s or a seller’s market in March 2024?
A buyer’s market, by the usual rule: 9.15 months of supply in March 2024 on a three-month rolling basis (under four favors sellers, over six favors buyers), against 2.99 a year earlier. The rolling figure is used because only 4 homes sold in the month.
How fast were homes selling in Cleveland Park in March 2024?
With 4 sales in March 2024, a monthly average would mislead; over the three months to March 2024 homes that sold had averaged 41 days on market, a normal 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 March 1, 2023 through September 30, 2026. © 2026 Realtracs, Inc.