HOMESbyRP, LLC of eXp Realty / Richard Pearrell

Washington, DC

Single-Family Homes

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


Washington, DC

Wed Oct 21 2026
This week the median list price for Washington, DC is $857,000 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 1,027. Click here to stay informed with the Washington market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Washington, DC

Wed Oct 21 2026
This week the median list price for Washington, DC is $857,000 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 1,027. Click here to stay informed with the Washington market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Washington market.
Median List Price $857,000
Median Price of New Listings $853,000
Per Square Foot $438
Average Days on Market 127
Median Days on Market 70
Price Decreased 36%
Price Increased 1%
Relisted 12%
Inventory 1,027
Median Rent
Market Action 33
Slight Seller's Advantage

While this week the median didn’t fluctuate much, prices continue to sit at all time highs. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

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

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,300,000 3,771 0 - 4,500 sqft 5 4.5 100 15 17 56
$1,099,000 2,152 0 - 4,500 sqft 4 3 104 28 19 56
$699,950 1,856 0 - 4,500 sqft 3 2.5 101 20 23 77
$411,500 1,438 0 - 4,500 sqft 3 2 86 23 19 84