WASHINGTON DC HOUSING MARKET DATA

There was an increase in total units sold in June, with 609 sold this month in Washington DC Real Estate versus 579 last month, an increase of 5%. This month's total units sold was higher than at this time last year, an increase of 4% versus June 2024.

The total number of homes available this month is 2,918 units, which is similar compared to a year ago. This month's total of 2,918 is lower than the previous month's total supply of available inventory of 3,383, a decrease of 14%.

Last June, the median sale price for Washington DC Homes was $715,000. This June, the median sale price was approximately the same at $710,000. The current median sold price is 1% lower than in June 2024.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In June, there was 4.8 months of supply available in Washington DC, compared to 5.0 in June 2024. That is a decrease of 4% 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.

This month there were 888 homes newly listed for sale in Washington DC compared to 1,124 in June 2024, a decrease of 21%. There were 665 current contracts pending sale this June compared to 572 a year ago. The number of current contracts is 16% higher than last June.

In June, the average sale price in Washington DC was 98.1% of the average list price, which is 1.5% lower than at this time last year.

This month, the average number of days on market was 44, higher than the average last year, which was 35, an increase of 26%.





FOCUS ON: WASHINGTON DC HOUSING MARKET			JUNE 2025

Units Sold 609	Active Inventory 2,918	Median Sale Price $710,000	Days On Market 44

Up 4% Vs. Year Ago	No Change Vs. Year Ago	Down -1% Vs. Year Ago	Up 26% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 609 sold this month in Washington DC Real Estate versus 579 last month, an increase of 5%. This month's total units sold was higher than at this time last year, an increase of 4% versus June 2024.
Active Inventory The total number of homes available this month is 2,918 units, which is similar compared to a year ago. This month's total of 2,918 is lower than the previous month's total supply of available inventory of 3,383, a decrease of 14%.
		Median Sale Price Last June, the median sale price for Washington DC Homes was $715,000. This June, the median sale price was approximately the same at $710,000. The current median sold price is 1% lower than in June 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 888	Current Contracts 665	Sold Vs. List Price 98.1%	Months of Supply 4.8

Down -21% Vs. Year Ago	Up 16% Vs. Year Ago	Down -1.5% Vs. Year Ago	Down -4% Vs. Year Ago


		Months of Supply In June, there was 4.8 months of supply available in Washington DC, compared to 5.0 in June 2024. That is a decrease of 4% 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.
New Listings & Current Contracts This month there were 888 homes newly listed for sale in Washington DC compared to 1,124 in June 2024, a decrease of 21%. There were 665 current contracts pending sale this June compared to 572 a year ago. The number of current contracts is 16% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Washington DC was 98.1% of the average list price, which is 1.5% lower than at this time last year. Days on Market This month, the average number of days on market was 44, higher than the average last year, which was 35, an increase of 26%.



	*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.