Washington, D.C. Metro Housing Market Report – June 2025

 

 

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. 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. 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. 

 

 

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.

 

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