Real estate inventory dc area last 30 days
Over the last 30 days, the real estate market in the Washington, D.C. area has shown some notable trends and patterns. According to various sources, the current market dynamics highlight a varying inventory, changes in home prices, and days on market for listings.
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Inventory and Listings: During a two-week period from February 3 to February 16, 2025, there were 2,829 new listings, which indicates healthy activity in the housing market. Despite this influx, the overall inventory seems to have decreased by 7.62% in the past 30 days and by 5.8% when compared to the same time last year (as noted by Real Estate in the District). This could reflect a tighter market despite a significant number of new listings. More detailed insights into home prices and rental market conditions can be found in a guide that outlines the market overview for February 2025. You can reference this link for more comprehensive details.
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Home Prices: The median sold price in the greater DC Metro area is around $600,000, representing a 4% increase from last year. Other reports indicate a price drop, with January 2025 noting a decrease of about 9.71%, contributing to a median price of $553,000 (reported by Redfin). More fluctuations have been reported, such as an 11% decline since the beginning of the year, influenced by various economic factors.
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Days on Market: Homes are staying on the market longer than previously observed, with the average at about 22 days—three days longer than last year. This change could indicate a shift towards a slower selling pace despite the influx of new listings.
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Market Stability: Some experts suggest that even with fluctuating prices and days on market, the DC housing market remains stable and does not show signs of a significant crash. This perspective suggests ongoing confidence in the market's future.
For further detailed insights into the D.C. housing market trends, including past month comparisons and additional analyses, consider visiting the following links:
- DC Housing Market Trends - Redfin
- DC housing market remains stable — no crash in sight, experts say
- DC Real Estate Market - Real Estate In The District of Columbia
These articles provide a richer context regarding the real estate landscape in the D.C. area over the past month.
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