DC Metro Area Real Estate Market Finds Home Sales Record

This week saw another record in a three-week trend in sales growth for the DC Metro Area market. It resulted in 6,047 homes selling over 30 days, which is a 2.7% spike from last week's number and also the highest amount since January. With a total of 1,107 sales, Fairfax County contributed the most. The median sales price rose to $379,000 over the latest reporting period for the DC Metro Area, up from $370,000. The rising sales and a low three months of inventory mean that the DC Metro Area is a seller's market.

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Demographic facts about the DC Metro Area:

  • This area has an affordability rating of 31. (Scale: 1 = Worst, 100 = Best)
  • This area usually gets 42.2 inches of rain each year. (U.S. average: 36.5)
  • The income per capita in this area is $40,024.
  • The area's school rating is 61. (Scale: 1 = Worst, 100 = Best)

Data reported through 4/5/2017

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Keller Williams Realty
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