Washington Real Estate Market

Washington Market

The median sale price for homes in Washington over the last 12 months is $391,400.


The median mortgage debt is $146,230.

Additional Statistics for Single Family Homes and Condos in Washington, DC
$526,250
Median Listing Price
35
Median Days on Market
1087
Active Listings
5.9%
Distressed Listings
(foreclosures and short sales)
Washington, DC Price Trends - Sold vs. Listed
The median list price in May for single family homes in Washington is $659,450. The list prices increased by 33.22% from the previous month.

The price per square foot for listings in this area is $446.

The median sale price in March for single family homes is $810,000. The sale prices increased by 74.05% from the previous month.

The price per square foot for sales in this area is $391.

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Washington, DC Market Inventory Trends

The number of active listings in Washington increased by 11.1% from the previous month.

The median number of days active properties have been listed is 41. This is significantly shorter than the national average.

The number of sales in March dropped by 97.5% from the previous month.

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Washington, DC Property Ownership

The percent of owner occupied properties in Washington is 22.57% below the national average.

The percent of rental properties in Washington is 30.15% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.