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

Mon Jul 27 2026
This week the median list price for Washington, DC is $849,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 903. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Washington, DC

Mon Jul 27 2026
This week the median list price for Washington, DC is $849,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 903. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Washington market.
Median List Price $849,000
Median Price of New Listings $889,500
Per Square Foot $433
Average Days on Market 134
Median Days on Market 77
Price Decreased 37%
Price Increased 1%
Relisted 12%
Inventory 903
Median Rent
Market Action 34
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$2,299,000 3,830 4,500 - 6,500 sqft 5 4.5 101 14 22 77
$1,000,000 2,116 0 - 4,500 sqft 4 3.5 106 23 21 70
$675,000 1,815 0 - 4,500 sqft 3 2.5 99 18 12 70
$402,500 1,438 0 - 4,500 sqft 3 2 85 13 25 77