Market News

In this spring of 2013 the real estate market was alive and kicking. Prices were ascending, and houses were moving pretty quickly. For many people, spring 2014 proved disappointing in comparison, but  long term trends are the more important indicator, and we have good news there. The five-year trend shows median prices in the D.C. metro region moving upwards, according to … [Read more...] about D.C.-Metro Housing Market Shows Positive Long-Term Trend

It’s impossible to predict the direction in which any real estate market will move, but looking at the numbers from the recent past, home prices are up, while inventory remains limited in the D.C. region. According to Real Estate Business Intelligence, the “total sold dollar volume” in February was up nearly 6 percent compared to February 2013. Median sold price was up 5.6 … [Read more...] about D.C. Real Estate Market Shows Prices Higher, Low Inventory

The D.C.-metro real estate market continues its recovery, having reached its highest September median sales price in six years, according to Real Estate Business Intelligence (RBI). Although the supply of houses for sale remains tight, listings increased 16.5 percent from this time last year, and homes averaged 17 days on market before going under contract this past … [Read more...] about DC’s Hot Housing Market Unlikely to Boil Over

Demand for housing remains strong in the D.C. Market yet inventory remains tight, according to the latest data presented by Real Estate Business Intelligence (RBI): "The overall high demand and low supply contributed to median sale price gains within the region and resulted in the highest August-level median sales price in eight years. The median days-on-market continues to be … [Read more...] about Market Update: Prices Rising, Low Inventory