DC Metro Area Real Estate Market Sees Sales Decline

The DC Metro Area market pulled back with a 3.7% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 6,553.4 monthly average with 5,872 homes sold. Fairfax County, which is part of the DC Metro Area, had the most home sales within the area, with 1,019. The median sales price climbed to $378,500 over the latest reporting period for the DC Metro Area, up from $375,000. In spite of the decrease in sales, a low three months of inventory signals that the DC Metro Area is a seller's market.

You never know when the perfect home may come in the market so take a look at the new listings in the DC Metro Area:

$259K   $184K   $175K  

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:

  • The population density is 997.1 people per square mile.
  • The area's lifestyle rating is 60. (Scale: 1 = Worst, 100 = Best)
  • The breakdown of residents commuting to work is 66.6% by car, 11.1% by carpool, and 13.5% by public transit.

Data reported through 12/21/2016

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Coldwell Banker Residential Brokerage
Snapped 6 homes in this area
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Long & Foster Real Estate, Inc.
Snapped 55 homes in this area

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