Altos Market Data for Realtors

Washington, DC

Single-Family Homes

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Washington, DC

Tue Nov 30 2021
This week the median list price for Washington, DC is $714,999 with the market action index hovering around 49. This is an increase over last month's market action index of 46. Inventory has decreased to 265. 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.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Washington, DC

Tue Nov 30 2021
This week the median list price for Washington, DC is $714,999 with the market action index hovering around 49. This is an increase over last month's market action index of 46. Inventory has decreased to 265. 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.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Washington market.
Median List Price $714,999
Median Price of New Listings $699,000
Per Square Foot $375
Average Days on Market 108
Median Days on Market 56
Price Decreased 44%
Price Increased 1%
Relisted 9%
Inventory 265
Median Rent $1,950
Market Action 49
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$3,900,000 6,260 6,500 - 8,000 sqft 6 5.5 81 3 3 129
$934,500 2,550 0 - 4,500 sqft 4 3 94 10 18 49
$594,500 1,890 0 - 4,500 sqft 4 2.5 81 8 16 52
$435,000 1,422 0 - 4,500 sqft 3 2 77 8 16 42