Sales Fall in DC Metro Area Real Estate Market

The DC Metro Area market remained soft with 3,964 homes sold in the last 30 days, a 10.6% sales drop. Fairfax County, which is part of the DC Metro Area, had the most home sales within the area, with 671. The median sales price climbed to $363,000, up from last week's $362,000. There are only three months of inventory available in the DC Metro Area, so it's a seller's market, even with the decrease in sales.

Make sure you take a look at these eye-catching homes in the DC Metro Area that generated the most views from potential buyers:

$1.8M   $9M   $260K  

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 average age is 36 years old for the population in this area.
  • The area's health cost index score is 101.3. (100 = national average)
  • Here are some of the distributions of commute times for the area: <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 2/2/2017

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Long & Foster Real Estate, Inc.
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©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
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