Washington, D.C. Metro
June 2025 Housing Market Report Prepared by Bright Research
Data as of July 7, 2025
Key Market Statistics
Jun 2025
Jun 2024
Change
YTD 2025
YTD 2024
Change
Closed Sales
5,053
4,760
+6.2%
24,277
24,398
-0.5%
Median Sold Price
$650,000
$640,000
+1.6%
$630,000
$610,000
+3.3%
Median Days on Market
12 days
7 days
+5 days
10 days
7 days
+3 days
New Pending Sales
4,972
5,060
-1.7%
26,416
27,180
-2.8%
New Listings
5,259
5,212
+0.9%
38,036
35,423
+7.4%
Active Listings
10,245
7,257
+41.2%
10,245
7,257
+41.2%
Months of Supply
2.47
1.81
+0.66 mos.
2.47
1.81
+0.66 mos.
Showings
96,587
96,326
+0.3%
565,711
608,092
-7.0%
Housing Market Trends
Market Outlook
Home prices grow more slowly as inventory continues to climb. In June, the median sold price in the Washington, D.C. metro area was $650,000. Prices rose by 1.6% compared to a year ago, the smallest year-overyear gain in two years. Home prices rose fastest in Frederick County, MD and Loudoun County, VA and fell year-over-year in closer-in jurisdictions.
More inventory is starting to have an impact on home prices in the Washington, D.C. region. With elevated mortgage rates, high home prices, and economic uncertainty, buyers are starting to have more negotiating power in the market. It is likely that home sales activity will continue to be slow this summer, and prices will grow more slowly and even decline year-over-year in some local markets.
Inventory continues to rise, with the number of active listings on the market 41.2% higher than the same time a year ago. Overall, the region’s inventory is still below 2019 levels, but supply is higher than pre-pandemic levels in Arlington, Alexandria and the District of Columbia.
Weekly Avg. Mortgage Rate 30-yr fixed rate
The pace of new listings coming on the market has slowed. In June, there were 5,259 new listings in the Washington D.C. metro area, just 0.9% higher than last June. New listings fell by 12.2% between May and June in the region.
8%
7% 6%
5% 4% Jul '24
Jul '25
Source: Freddie Mac
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