Local Real Estate Market Update
AUG 2025

📊 DC Market Snapshot – August 2025

Buyer Demand: The Home Demand Index for the DC Metro area dropped to 89 from 98 in July, reflecting the normal late-summer slowdown. Still, demand is stronger than last year (82), showing that buyers remain engaged heading into fall.

Inventory & Pricing (Washington, DC):

• New listings: 910 homes in August (median list price $594,450)
• End-of-month inventory: 2,745 homes → 4.4 months’ supply
• Closed sales: 541 homes (median sold price $670,000)
• Days on market: 45

📍 Capitol Hill Focus (20002 & 20003)

True to annual August trends where housing activity tends to slow down for the summer, new listings, contracts and pending sales were all down in the last 4 weeks, as compared to the previous month. Closings were UP for both Fee Simple Homes and Condos in 20002 and 20003.

What it Means:

For Buyers: Lower rates plus more fall inventory could mean better options and slightly more breathing room than last spring. Well-prepared buyers will still need to move quickly on standout homes, especially in Capitol Hill. Don’t wait to consult with your buyer agent and your lender so you are prepared to move quickly for the right home. Our Buyer Team is standing by!

For Sellers: Entering the Fall season, it’s critical to price right and present well. Many homes are still selling in under 2 months, often with strong offers—especially in 20002 and 20003 where demand runs ahead of the DC average. Joel and our Listing Team are prepared to advise you every step of the way!

Want to know how these trends affect your price point or neighborhood?

📞 Call or TEXT 202.243.7707 for a free consultation
We’ll share our Real Know-How to help you make the right next move.

Pictured above: Looking for a NEW VIEW? We are bringing some beautiful new listings in the coming weeks, including, 320 Tennessee Ave NE  >>> See what’s coming!