HOMESbyRP 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

Sun Jul 06 2025
This week the median list price for Washington, DC is $850,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 1,058. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Washington, DC

Sun Jul 06 2025
This week the median list price for Washington, DC is $850,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 1,058. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Washington market.
Median List Price $850,000
Median Price of New Listings $975,000
Per Square Foot $445
Average Days on Market 121
Median Days on Market 63
Price Decreased 38%
Price Increased 1%
Relisted 12%
Inventory 1,058
Median Rent
Market Action 34
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,249,900 3,696 0 - 4,500 sqft 5 4.5 98 22 41 63
$1,022,500 2,181 0 - 4,500 sqft 4 3.5 103 26 34 56
$725,000 1,797 0 - 4,500 sqft 3 2.5 99 18 18 56
$457,999 1,466 0 - 4,500 sqft 3 2 85 21 23 70