Data as of July 6, 2023 Washington, D.C. Market Key Findings Area Housing Market Strong Heading into Summer Low inventory continues to suppress sales In June, overall sales in the Washington, D.C. region were 18.5% lower than a year ago. [...]
Data as of June 6, 2023 Washington, D.C. Market Key Findings Prices Down for the 3rd Month in a Row Market is still competitive, with very low inventory Elevated mortgage rates and high home prices continue to constrain market [...]
Washington, D.C. Market Key Findings Missing Seasonality in the Washington D.C. Metro MarketHome prices fall for the 2nd month in a row Typically, April in the Washington D.C. metro area brings out cherry blossoms and home shoppers. While flowers [...]
Data as of March 6, 2023 Washington Market Key Findings Slow Buyer Activity in the Region Reflects Higher Mortgage Rates in February Low Inventory Has Also Constrained Activity and Pushed Prices Up The lead-up to the spring market is bumpy [...]
Data as of February 6, 2023 Washington Metro Market Key Findings Turnaround in the Washington, DC, Metro Area Market More Deliberate Homebuyers Lead to Longer Transaction Times The Washington metro area housing market had ground to a halt at the [...]
Data as of January 6, 2023 Washington Metro Market Key Findings Median Price Falls Year-Over-Year for the First Time Since 2016, Down 15% From Peak Home sales activity continued to slow in the Washington DC metro area in December. [...]
Data as of September 7, 2022 Washington Metro Market Key Findings Homes Taking Longer to Sell in the Washington Area Home sales activity continues to slow in the Washington metro area, with buyers holding back and homes remaining on [...]
Data as of August 4, 2022 Washington Metro Market Key Findings Slowest Price Growth in More than 2 Years The median sales price in the Washington metro area was nearly $563,000, rising 2.3% compared to last year at this [...]
Data as of July 7, 2022 Washington Market Key Findings Cooling Market with Slower Price Growth Anticipated The Washington area housing market is slowing compared to the frenzied pace of the last two years. Rising prices and higher mortgage [...]
Data as of June 7, 2022 Washington Market Key Findings Despite Fewer Sales, Housing Market Remains Competitive Compared to last year’s frenzied pace, home sales activity in the Washington metro area has decelerated. In May 2022, there were 6,807 [...]
