New Strong Trend in Home Prices for DC Metro Area Real Estate Market

The DC Metro Area market slowed with a 12.8% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 6,566.2 monthly average with 5,562 homes sold. Fairfax County made up the largest percentage, with 966 sales on its own. The median sales price of homes sold came in at $374,900, which extended a price upswing to eight weeks. In spite of the decrease in sales, the lack of inventory signals that the DC Metro Area is still a strong seller's market.

Not worried about the price of a potential dream house? Take a look at these stunning listings in the DC Metro Area:

$25M   $22M   $22M  

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 growth rating is 53. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $11.04/$1,000.
  • The area's commuter length breakdown is: <15 min (15.9%), 15-29 min (29.8%), 30-44 min (25.5%), 45-59 min (13.4%), >60 min (15.5%).

Data reported through 1/5/2017


Ask a local expert about this area:
Fairfax Realty
Snapped 50 homes in this area
Keller Williams Realty
Snapped 102 homes in this area
Weichert, REALTORS
Snapped 192 homes in this area

Agents that specialize in this area
9 snaps in this area
5 snaps in this area
640 snaps in this area
127 snaps in this area
8 snaps in this area
451 snaps in this area
39 snaps in this area
4 snaps in this area
5 snaps in this area
159 snaps in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by Black Knight Financial Services. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy
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.