DC Metro Area Real Estate Market Sees Sales Down

The DC Metro Area remained below its 12-month average sales volume this week as sales slid 14.8% to hit 5,238 homes sold over the last 30 days. Fairfax County, which is part of the DC Metro Area, had the most home sales within the area, with 943. Potential buyers should note that prices are coming down in the DC Metro Area, and for this period the median sales price slid from $370,000 to $365,000. There are only three months of inventory available in the DC Metro Area, so it's a seller's market, even with the decrease in sales.

Trying to find a home in the DC Metro Area that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:

$189K   $9M   $649K  

Get started right now by checking out DC Metro Area homes for sale or reviewing DC Metro Area real estate trends.

Demographic facts about the DC Metro Area:

  • 32 years old is the median age of all the homes in the area.
  • The area gets an average of 15.6 inches of snow each year. (U.S. average: 25)
  • This area has an anticipated job growth rating of 46. (Scale: 1 = Worst, 100 = Best)
  • Schools spend an average of $6,900 for each student in this area. ($5,691 = national average)

Data reported through 12/1/2016


Ask a local expert about this area:
Snapped 622 homes in this area
Snapped 28 homes in this area
Keller Williams Realty
Snapped 423 homes in this area

Agents that specialize in this area
218 snaps in this area
15 snaps in this area
430 snaps in this area
14 snaps in this area
19 snaps in this area
10 snaps in this area
107 snaps in this area
62 snaps in this area
200 snaps in this area
114 snaps in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
with Facebook Sign-in with Twitter
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

with Facebook Sign-in with Twitter

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.