DC Metro Area Real Estate Market Extends Downward Trend in Home Sales

The DC Metro Area market is experiencing a determined pullback as sales slumped again this week by 3.7% to 4,479 homes sold over the last 30 days. Prices are rising in the DC Metro Area, and the median sales price this period increased from $354,000 to $357,000. Despite the falling sales numbers, there are only three months of inventory remaining, indicating that the DC Metro Area is a still seller's market.

If you are curious about inexpensive homes in the DC Metro Area, start off by checking out these great listings:

$100K   $102K   $104K  

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:

  • There are 997.1 people per square mile in this area.
  • The lifestyle rating here is 60. (Scale: 1 = Worst, 100 = Best)
  • 66.6% of the residents travel to work in an automobile, 11.1% via carpool, and 13.5% by way of public transit.

Data reported through 3/1/2017

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Ask a local expert about this area:
Coldwell Banker Residential Brokerage
Snapped 31 homes in this area
Allison James Estates & Homes
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Snapped 545 homes in this area

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