Home Sales Decline in DC Metro Area Real Estate Market

The DC Metro Area market remained cold this week as sales slid 11.3% to land at 4,298 homes sold over the last 30 days. Fairfax County made up the largest percentage, with 739 sales on its own. Prices are rising in the DC Metro Area, and the median sales price this period increased from $363,000 to $365,000. In spite of the decrease in sales, a low three months of inventory signals that the DC Metro Area is a seller's market.

Don't like waiting to use a bathroom in your own home? Check out these wonderful listings that offer the most bathrooms in the DC Metro Area:

$995K   $7M   $2.5M  

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:

  • The affordability rating is 31. (Scale: 1 = Worst, 100 = Best)
  • The average precipitation is 42.2 inches per year. (U.S. average: 36.5)
  • The income per capita in this area is $40,024.
  • The school rating is 61. (Scale: 1 = Worst, 100 = Best)

Data reported through 1/26/2017

Comments:

Ask a local expert about this area:
Keller Williams Preferred Properties
Snapped 6 homes in this area
Coldwell Banker Residential Brokerage
Snapped 14 homes in this area
Long & Foster Real Estate, Inc.
Snapped 7 homes in this area

Agents that specialize in this area
640 snaps in this area
85 snaps in this area
102 snaps in this area
160 snaps in this area
238 snaps in this area
133 snaps in this area
127 snaps in this area
3 snaps in this area
5 snaps in this area
12 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
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

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.