As reported in the RBI Housing Market Update for April, homes sold in the DC Metro area are spending a median of 11 days on the market, the lowest level for the region in 8 years. Yesterday, we provided our friends over at DC Urban Turf with the Top 10 fastest moving ZIP codes in DC and DC Metro area (see their article here). 

Here's UrbanTurf's chart for the DC area:

But, if we had to award a Gold Medal in the April sales sprint, it would go to Sterling's 20164.

Prices remain flat; Active listings remain historically low, but new listings rise sharply

OVERVIEW

After a slow start to the year, demand continues on an upward trend in the Baltimore Metro Area housing market.  Sales and new pending contracts both rose at double-digit rates relative to last year, evidence of improved confidence among buyers.   Despite the demand pressures, the median price remained flat in the region, rising only $500 from last year.  There were increases in median price at the jurisdiction level, however many were slower than in recent months.