• The Washington DC Metro, Maryland and Virginia median sales price of $460,000 was up 7% compared to May of 2016. 

  • THIS IS AN ALL-TIME HIGH FOR ANY MONTH ON RECORD FOR THE DMV.

  • DMV area sales volume was up 9.7% from May 2016.

  • New contract activity was up 4.4% from May 2016.

  • New listing activity was up 8.7% from May 2016.

  • Active listings were down 10.9% from May 2016, 13 consecutive months of decline in inventory.

  • Inventory at the lowest level since May 2013.

Posted by Wm. Joe Preston on
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