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| FOCUS ON: WASHINGTON DC HOUSING MARKET |
SEPTEMBER 2025 |
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Units Sold
430 |
Active Inventory
3,059 |
Median Sale Price
$675,000 |
Days On Market
48 |
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Up 12%
Vs. Year Ago |
Up 14%
Vs. Year Ago |
Up 13%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 430 sold this month in Washington DC Real Estate versus 561 last month, a decrease of 23%. This month's total units sold was higher than at this time last year, an increase of 12% versus September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 376 units or 14%. The total number of active inventory this September was 3,059 compared to 2,683 in September 2024. This month's total of 3,059 is higher than the previous month's total supply of available inventory of 2,971, an increase of 3%.
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Median Sale Price
Last September, the median sale price for Washington DC Homes was $599,999. This September, the median sale price was $675,000, an increase of 13% or $75,001 compared to last year. The current median sold price is 4% higher than in August.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
1,160 |
Current Contracts
544 |
Sold Vs. List Price
98.4% |
Months of Supply
7.1 |
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Up 8%
Vs. Year Ago |
Down -13%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 2%
Vs. Year Ago |
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Months of Supply
In September, there was 7.1 months of supply available in Washington DC, compared to 7.0 in September 2024. That is an increase of 2% versus a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
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New Listings & Current Contracts
This month there were 1,160 homes newly listed for sale in Washington DC compared to 1,074 in September 2024, an increase of 8%. There were 544 current contracts pending sale this September compared to 626 a year ago. The number of current contracts is 13% lower than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Washington DC was 98.4% of the average list price, which is similar compared to a year ago.
Days on Market
This month, the average number of days on market was 48, higher than the average last year, which was 43, an increase of 12%.
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| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. |
Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |