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Washington D.C. Housing Market Update

Strengthened by low interest rates and a recovering economy, the Washington D.C.  markets saw record-setting median sales prices as demand remained strong and days on market held at all-time lows.

 

Summary: Strengthened by low interest rates and a recovering local economy, the DC Metro area continues to see record-setting median sales prices, with gains particularly among higher-end homes.

Demand remained strong: new sales of condos/co-ops achieved double-digit increases for the fourth straight month, as volume of new listings for the category continued to gain.  As well, the days on the market for sold listings held at all-time lows.

Median Sales Price Information

Median Days on Market Information

 

New Listing Information