DC Metro Area Real Estate Market Sees Sales Up

The DC Metro Area market made strides in this week's report, as the number of home sales rose 8.1%, pushing the total to 8,150 homes sold over the last 30 days. Fairfax County was the biggest factor, with 1,631 sales on its own. Potential buyers should note that prices went up in the DC Metro Area, with the median for this period rising from $400,000 to $405,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the DC Metro Area is a seller's market.

Great homes don't last long in the market, so make sure you take a look at the newest listings in the DC Metro Area:

$224K   $549K   $619K  

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 population growth rating is 53. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 345.2 for every 100,000 people.
  • This area has a health cost index score of 101.3. (100 = national average)
  • The breakdown of residents commuting to work is 66.6% by car, 11.1% by carpool, and 13.5% by public transit.

Data reported through 6/8/2017

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Coldwell Banker Residential Brokerage
Snapped 58 homes in this area
Keller Williams Realty
Snapped 451 homes in this area
Century 21 Redwood Realty
Snapped 124 homes in this area

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