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Washington, D.C. Metro Real Estate Report — August 2025

Data Source: Bright MLS Weekly Market Report, Week Ending April 4, 2025
Report Prepared by Square Feet Appraisals in Collaboration with Delaware Beaches Online


Region Snapshot (YoY)

Metric Aug 2025 Aug 2024 YoY
Closed Sales 4,264 4,351 –2.0%
New Contracts (Pendings) 4,217 4,097 +2.9%
Median Sold Price $625,000 $612,000 +2.1%
Median Days on Market 19 10 +9 days
New Listings 4,469 4,594 –2.7%
Active Listings 10,136 7,486 +35.4%
Months of Supply 2.45 1.86 +0.59
Showings 89,359 83,468 +7.1%

What this means (quick reads)

  • Demand is still there. Contracts rose even as closings dipped.

  • Buyers have more leverage. Inventory and months of supply climbed; price growth was modest.

  • Sales take longer. Homes spent 9 more days on market than last year.

  • Cooling at the edges. Regional prices were up slightly; some Maryland areas softened.

Local Standouts (YoY)

Area Key Signals
Washington, DC (proper) Highest supply: 4.91 MOS; 2,626 active listings (+14.4%)
Arlington County, VA Contracts +22.5%; showings +32.7%
Loudoun County, VA Contracts +15.0%
Prince George’s County, MD Contracts –15.5%; showings –6.2%
Montgomery County, MD Median price –2.5%; DOM +11 days

By Property Type — August 2025 vs 2024

Detached Single-Family

Metric Aug 2025 YoY
Median Price $835,000 +5.8%
New Contracts +5.8%
Closed Sales –1.2%
Median DOM 17 +8 days
Active Listings +41.1%
Months of Supply 2.25 +0.58*

*Change shown relative to last year’s months of supply.

Townhomes (Attached)

Metric Aug 2025 YoY
Median Price $592,250 –1.3%
New Contracts +4.0%
Closed Sales –6.0%
Median DOM 17 +8 days
Active Listings +37.7%
Months of Supply 2.17 +0.52*

Condos

Metric Aug 2025 YoY
Median Price $410,000 +5.1%
New Contracts –3.0%
Closed Sales +0.7%
Median DOM 25 +10 days
Active Listings +27.4%
Months of Supply 3.11 +0.71*

Practical Takeaways

Buyers

  • More choices and negotiating power—especially in DC proper and select Maryland submarkets.

  • Northern Virginia hot spots (Arlington, Loudoun) can still move fast; be pre-approved and ready.

Sellers

  • Price to the market and present well. Elevated supply and longer DOM mean buyers are selective.

  • Expect negotiations; consider credits or minor repairs to secure serious offers.

Investors

  • Rising supply in condos/townhomes plus mixed pricing = potential value plays. Underwrite with longer marketing times.

What to Watch (Sep–Oct)

  • Macro mood: If federal-workforce uncertainty eases and rates stay slightly lower, some sidelined demand may return—overall sales likely remain muted.

  • Inventory arc: Whether ~10.1k active listings keep rising or stabilize will set bargaining power into Q4.

  • County splits: Does DC’s higher supply persist? Do Arlington/Loudoun remain demand leaders while Prince George’s lags?

 

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