DC Metro Area Real Estate Market Sees Sales Down

While home sales in the DC Metro Area market have been above average, in this week's report they slid 4.2% to 8,464 homes sold over the last 30 days. Fairfax County was the most popular part of the DC Metro Area, with 1,753 homes sold. The median sales price rose to $405,000 over the latest reporting period for the DC Metro Area, up from $403,250. With only three months of inventory to sell, the DC Metro Area is a seller's market, in spite of the dip in sales.

If you're looking for a more established home, then be sure to see these listings in the DC Metro Area that were built before most others in the market:

$1.7M   $1.2M   $595K  

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:

  • There are 6.3% vacant homes here.
  • This area usually gets 207 sunny days each year. (U.S. average: 205)
  • This area has a one-year job growth rate of 1.08%.
  • There are 506 students for every librarian. (803 = national average)

Data reported through 7/27/2017

Comments:

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Long & Foster Real Estate, Inc.
Snapped 7 homes in this area
Weichert, REALTORS
Snapped 28 homes in this area
Snapped 640 homes in this area

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©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
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