New Increase in Home Prices for DC Metro Area Real Estate Market

The DC Metro Area market got positive news in this week's report, as the number of sales went up to 5,739 homes sold over the last 30 days. Fairfax County was the most popular part of the DC Metro Area, with 1,011 homes sold. Prices were able to climb as this week's reported median sales price of $371,000 continued a four-week upswing. The rising prices, along with the fact that there are a lower-than-normal three months of inventory, drive home the fact that the DC Metro Area is a seller's market.

Want one of the most luxurious homes in the DC Metro Area? Then check out some of these beautiful listings:

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

Demographic facts for the DC Metro Area:

  • Over the past 10 years, the population has increased 16.4%.
  • The safety rating here is 29. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 37 minutes.

Data reported through 12/8/2016

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