Washington-Arlington-Alexandria, DC-VA-MD-WV

HOMESbyRP of eXp Realty / Richard Pearrell

Washington-Arlington-Alexandria, DC-VA-MD-WV

Single-Family Homes

https://HOMESbyRP.com GRI, Associate Broker DC, MD, VA & REALTOR® in FL at eXp Realty, LLC / (301) 991-7061 /

Sun Dec 22 2024
This week the median list price for Washington-Arlington-Alexandria, DC-VA-MD-WV is $715,000 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 4,144. Click here to stay informed with the Washington-Arlington-Alexandria market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Median List Price		$715,000
Median Price of New Listings		$585,000
Per Square Foot		$299
Average Days on Market		109
Median Days on Market		70
Price Decreased		35%
Price Increased		4%
Relisted		11%
Inventory		4,144
Median Rent
Market Action		47
Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,949,999	4,884	0.25 - 0.5 acre	5	4.5	32	41	206	98
$850,000	2,831	0.25 - 0.5 acre	4	3.5	41	59	182	70
$600,000	2,271	0.25 - 0.5 acre	4	2.5	40	79	161	56
$420,000	1,557	8,000 - 10,000 sqft	3	2	57	106	209	49

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,949,999	4,884	0.25 - 0.5 acre	5	4.5	32	41	206	98
$850,000	2,831	0.25 - 0.5 acre	4	3.5	41	59	182	70
$600,000	2,271	0.25 - 0.5 acre	4	2.5	40	79	161	56
$420,000	1,557	8,000 - 10,000 sqft	3	2	57	106	209	49

Median Price	Top $1,949,999	Upper $850,000	Lower $600,000	Bottom $420,000
Sq. Ft.	4,884	2,831	2,271	1,557
Lot Size	0.25 - 0.5 acre	0.25 - 0.5 acre	0.25 - 0.5 acre	8,000 - 10,000 sqft
Beds	5	4	4	3
Baths	4.5	3.5	2.5	2
Age	32	41	40	57
New	41	59	79	106
Absorbed	206	182	161	209
DOM	98	70	56	49

HOMESbyRP of eXp Realty / Richard Pearrell