DC Metro Area Real Estate Market Extends Growth in Contracts

Sales fell this week to 6,307 homes sold in the DC Metro Area market over the last 30 days. However, a nine-week positive trend for contracts was extended, with 10,389 pending transactions in the same time frame. The median sales price climbed to $381,000, up from last week's $377,000. In spite of the decrease in sales, a low three months of inventory signals that the DC Metro Area is a seller's market.

For the best bang for your buck, check out these listings that recently had significant price cuts in the DC Metro Area:

$12M   $7.8M   $22M  

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 median age of the population is 36 years old.
  • The health cost index score in this area 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 4/12/2017

Comments:

Ask a local expert about this area:
Snapped 10 homes in this area
Weichert, REALTORS
Snapped 195 homes in this area
Coldwell Banker Residential Brokerage
Snapped 132 homes in this area

Agents that specialize in this area
127 snaps in this area
61 snaps in this area
640 snaps in this area
12 snaps in this area
550 snaps in this area
53 snaps in this area
14 snaps in this area
238 snaps in this area
102 snaps in this area
133 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.