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.

Want one of the most luxurious homes in the DC Metro Area? Then check out some of these beautiful listings:

$25M   $23M   $22M  

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:

  • 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

Comments:

Ask a local expert about this area:
Keller Williams Realty
Snapped 451 homes in this area
Snapped 9 homes in this area
Century 21 Redwood Realty
Snapped 124 homes in this area

Agents that specialize in this area
4 snaps in this area
58 snaps in this area
86 snaps in this area
4 snaps in this area
159 snaps in this area
165 snaps in this area
35 snaps in this area
7 snaps in this area
125 snaps in this area
40 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.