$4M  
The DC Metro Area market got positive news in this week's report, as the number of sales went up to 6,251 homes sold over the last 30 days. At the same time, Fairfax County, which is part of the DC Metro Area, had the most home sales within the area, with 1,263. Months of inventory continued a steady fall, trending downwards for four weeks to reach three months. The increase in sales and the low inventory drive home the fact that the DC Metro Area is a seller's market.
Comments:

$1.8M  
The DC Metro Area has one of the most prosperous populations in USA with a median income of $83,140 per household. On top of being ranked the richest metro area, its population is older than others with a median age of 36 years. The three counties with the largest populations are Fairfax County, Montgomery County, and Prince George's County. Detached homes account for 65% of the area's current housing market. Leading the list of top schools in the metro area are Takoma Park Elementary School, Washington Latin Pcs, and School Without Walls Sr High School.
Comments:

$4M  
The DC Metro Area market closed in on its 12-month sales average this week with 5,974 homes sold over the last 30 days. At the same time, Fairfax County, which is part of the DC Metro Area, had the most home sales within the area, with 1,167. The median sales price climbed to $372,000 over the latest reporting period for the DC Metro Area, up from $365,000. With just three months of inventory available and sales going up, the DC Metro Area is a seller's market.
Comments:

$1.8M  
The DC Metro Area market got a lift this week as sales rose to 5,745 homes sold over the last 30 days to go with a long upward trend of contracts closing, now up to 10,350. The median sales price rose to $367,500 over the latest reporting period for the DC Metro Area, up from $362,000. With only three months of inventory and rising contracts, the DC Metro Area is a seller's market.
Comments:

$28.8M  
This week in the DC Metro Area market, sales ticked up to 5,468 homes sold over the last 30 days, which might be due in part to a long upward trend in price reductions, with 6,257 being reported in the same time frame. While price reduction numbers were strong, the median sales price of homes sold came in at $364,900, which extended a price upswing to four weeks. The rising prices, along with the fact that there are a lower-than-normal three months of inventory, drive home the fact that the DC Metro Area is a seller's market.
Comments:

$28.8M  
A bump in the number of contracts in the DC Metro Area market over the last 30 days resulted the highest amount since July. 9,788 homes went under contract to go along with 4,894 completed sales. Fairfax County had 1,868 contracts executed, making it the top contributor. As contracts hit a high, the median sales price also climbed, hitting a three-month high at $356,000.
Comments:

$242K  
The DC Metro Area market got good news this week as sales ticked up to 4,909 homes sold over the last 30 days to go with a budding upward trend of contracts closing, now up to 9,412. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $355,000 this week.
Comments:

$499K  
DC is a larger than average metro area in USA that has grown at a 10-year growth rate of 16.4%. However, the population of the DC Metro Area ranks as the eighth-largest with 5,582,170 people. Fairfax County, Montgomery County, and Prince George's County are its three most populated counties. The DC Metro Area is made up of homes that are relatively old with a median of 32 years. The top schools in the metro area are Takoma Park Elementary School, Washington Latin Pcs, and School Without Walls Sr High School.
Comments:

$11.8M  
The DC Metro Area market saw 4,557 more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since December at 5,376. Fairfax County was the biggest factor, with 898 price reductions on its own. The median sales price in the DC Metro Area climbed to $354,000 while months of inventory was flat at four.
Comments:

$449K  
With a solid upward trend of new sellers listing homes, including 7,647 over the last 30 days, and sales that have inched up to 4,430 in that same time frame, the DC Metro Area market will be heating up. As new listings came into the market, months of inventory continued to climb as well, trending upwards for four weeks to reach four months.
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