District of Columbia Real Estate Market Extends Downward Trend in Contracts

Sales fell in the District of Columbia market to 540 homes sold over the last 30 days. It's also under an established downward trend in the number of contracts closing, with this week's number falling to 543. The median sales price dropped to $549,000 over the latest reporting period for District of Columbia, down from $550,000. Despite the falling contracts numbers, there are only two months of inventory remaining, indicating that District of Columbia is a still definite seller's market.

Trying to find a home in District of Columbia that offers more bathrooms? Then check out these listings that provide the most bathrooms in the area:

$7.9M   $7.8M   $9M  

Get started right now by checking out District of Columbia homes for sale or reviewing District of Columbia real estate trends.

Demographic facts for District of Columbia:

  • There are a total of 601,723 people in this area.
  • This area has a safety rating of 29. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 34 minutes.

Data reported through 1/11/2017


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EXIT Right Realty
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Turning Point Realty, LLC
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