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Updated 8 days ago on .

User Stats

154
Posts
63
Votes
Dominic M.
  • Property Manager
  • Northern Virginia & DC
63
Votes |
154
Posts

Washington, DC Residential Sales Data (February 2024 - February 2025)📉

Dominic M.
  • Property Manager
  • Northern Virginia & DC
Posted

The number of listings increased by 76 from February 2024 to February 2025.

This shows a 7.81% increase.↗️

The listed median price decreased by $40,000 from February 2024 to February 2025.nThis shows a 5.88% decrease.⬇️

The number of units sold decreased by 199 from February 2024 to February 2025. This shows a 31.29% decrease.

The sold median price increased by $60,000 from February 2024 to February 2025. This shows a 10% increase.

Mortgage Rates:

February 2025: 30-year FRM = 6.76%, 15-year FRM = 5.94%

February 2024: 30-year FRM = 6.94%, 15-year FRM = 6.26%

The increase in sold median prices shows that actual sale prices are up year over year. Higher mortgage rates in February 2024 compared to February 2025 may have impacted the sold median.