Bright_Monthly_Market_Report_Washington_DC_July 2025

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Washington, D.C. Metro

July 2025 Housing Market Report

by

Data as of August 6, 2025

Key Market Statistics

Housing Market Trends Market Outlook

Inventory is rising quickly in the Washington D.C. metro

At the end of July, there were 10,283 active listings across the region, which is up 40.1% compared to a year ago. The inventory of attached homes and condos is now at or above pre-pandemic levels, but the number of singlefamily detached homes on the market is still very limited.

New listings in July were lower than a year ago; however, year-to-date new listings in the region are tracking 7.5% higher than 2024. At the same time, buyers are holding back. Closed sales were down 2.5% in July, while the number of new pending sales fell by 3.4%.

The median sold price in the region was $640,000 in July, up 2.4% compared to a year ago. Stronger sales in the higher-end of the market is driving the increase in the median price.

Across the region, housing market activity is strongest in the District and close-in suburbs, while sales have dropped off more in the outer suburbs of the region.

There has been uncertainty in the Washington D.C. area housing market as a result of federal government layoffs and budget cuts. As inventory rises, expect home price growth to soften as we head into fall. In some local markets, particularly in the further out jurisdictions, home prices could fall year-over-year. Buyers who remain in the market will have more leverage, though economic uncertainty will continue to keep some would-be buyers on the sidelines.

Source: Freddie Mac

July 2025

Jul '25 vs. Jul '24

Jul '25 vs. Jun '25

4,692 -2.5% -7.1% (Jul '24: 4,811) (Jun '25: 5,053)

Median Sold Price

$640,000 +2.4% -1.5% (Jul '24: $625,000) (Jun '25: $650,000)

2025

Jul '25 vs. Jul '24

Jul '25 vs. Jun '25

Median Days on Market

15 days +7 days

Jul '25 vs. Jul '24 July 2025

+3 days (Jul '24: 8 days) (Jun '25: 12 days)

Jul '25 vs. Jun '25

July 2025

Jul '25 vs. Jul '24

Jul '25 vs. Jun '25

4,385 -3.4% -11.8% (Jul '24: 4,539) (Jun '25: 4,972)

July 2025

Jul '25 vs. Jul '24

Jul '25 vs. Jun '25

4,922 -1.3% (Jul '24: 4,989) -6.4% (Jun '25: 5,259)

July 2025

Jul '25 vs. Jul '24

Jul '25 vs. Jun '25

10,283 +40.1% +0.4% (Jul '24: 7,341) (Jun '25: 10,245)

Local Markets

Local Markets

Local Markets

Local Market Map

MD/WV Panhandle

North Central Virginia

Washington D.C., Metro

Central Pennsylvania

Baltimore Metro

Southern Maryland

Maryland Eastern Shore

Philadelphia Metro

Del/Mar Coastal

About Bright MLS

Bright MLS was founded in 2016 as a collaboration between 43 visionary associations and two of the nation’s most prominent MLSs to transform what an MLS is and what it does, so real estate pros and the people they serve can thrive today and into our data-driven future through an open, clear and competitive housing market for all. Bright is proud to be the source of truth for comprehensive real estate data in the Mid-Atlantic, with market intelligence currently covering six states (Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia) and the District of Columbia.

Please contact Christy Reap, Media Relations Director with interview or information requests:

• (202) 309-9362

• christy.reap@brightmls.com

Prepared by Bright Research Data as of August 6, 2025

Market Statistics

2,200 July 2025 -1.9%

Jul '25 vs. Jul '24 (Jul '24: 2,243)

Jul '25 vs. Jun '25 (Jun '25: 2,418)

$840,000

July 2025 +5.0%

Jul '25 vs. Jul '24 (Jul '24: $800,000) -2.3%

Jul '25 vs. Jun '25 (Jun '25: $860,000)

$900,000

$850,000

$800,000

$750,000

$700,000

$650,000

$600,000

$550,000

$500,000

Median Days on Market

12 days

July 2025

+4 days

Jul '25 vs. Jul '24 (Jul '24: 8 days)

+2 days

Jul '25 vs. Jun '25 (Jun '25: 10 days)

New Pending Sales

2,026

July 2025 -3.1%

Jul '25 vs. Jul '24 (Jul '24: 2,090)

Jul '25 vs. Jun '25 (Jun '25: 2,296)

2,109

July 2025

Jul '25 vs. Jul '24 (Jul '24: 2,111) -8.7%

Jul '25 vs. Jun '25 (Jun '25: 2,311)

4,294 July 2025 +45.7%

Jul '25 vs. Jul '24 (Jul '24: 2,947)

-0.3%

Jul '25 vs. Jun '25 (Jun '25: 4,305)

About Bright MLS

Bright MLS was founded in 2016 as a collaboration between 43 visionary associations and two of the nation’s most prominent MLSs to transform what an MLS is and what it does, so real estate pros and the people they serve can thrive today and into our datadriven future through an open, clear and competitive housing market for all. Bright is proud to be the source of truth for comprehensive real estate data in the Mid-Atlantic, with market intelligence currently covering six states (Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia) and the District of Columbia.

Prepared by Bright Research Data as of August 6, 2025

1,282 July 2025

Jul '25 vs. Jul '24 (Jul '24: 1,285)

Jul '25 vs. Jun '25 (Jun '25: 1,370)

$600,000

July 2025 -1.2%

Jul '25 vs. Jul '24 (Jul '24: $607,000) -3.2%

Jul '25 vs. Jun '25 (Jun '25: $620,000)

Median Days on Market

13 days

July 2025

+6 days

Jul '25 vs. Jul '24 (Jul '24: 7 days)

+2 days

Jul '25 vs. Jun '25 (Jun '25: 11 days)

New Pending Sales

1,168

July 2025

Jul '25 vs. Jul '24 (Jul '24: 1,261)

Jul '25 vs. Jun '25 (Jun '25: 1,390)

1,337 July 2025 -3.5%

Jul '25 vs. Jul '24 (Jul '24: 1,386) -10.5%

Jul '25 vs. Jun '25 (Jun '25: 1,494)

2,479 July 2025

+40.1%

Jul '25 vs. Jul '24 (Jul '24: 1,769)

+1.6%

Jul '25 vs. Jun '25 (Jun '25: 2,439)

About Bright MLS

Bright MLS was founded in 2016 as a collaboration between 43 visionary associations and two of the nation’s most prominent MLSs to transform what an MLS is and what it does, so real estate pros and the people they serve can thrive today and into our datadriven future through an open, clear and competitive housing market for all. Bright is proud to be the source of truth for comprehensive real estate data in the Mid-Atlantic, with market intelligence currently covering six states (Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia) and the District of Columbia.

Market Statistics

1,210 July 2025 -5.5%

Jul '25 vs. Jul '24 (Jul '24: 1,280)

Jul '25 vs. Jun '25 (Jun '25: 1,263)

Data as of August 6, 2025

$399,000

July 2025

+2.7%

Jul '25 vs. Jul '24 (Jul '24: $388,500)

+2.3%

Jul '25 vs. Jun '25 (Jun '25: $390,000)

$420,000

$400,000

$380,000

$360,000

$340,000

$320,000

$300,000

Median Days on Market

23 days

July 2025

+11 days

Jul '25 vs. Jul '24 (Jul '24: 12 days)

+4 days

Jul '25 vs. Jun '25 (Jun '25: 19 days)

New Pending Sales

1,191

July 2025

+0.3%

Jul '25 vs. Jul '24 (Jul '24: 1,187)

Jul '25 vs. Jun '25 (Jun '25: 1,284)

1,474

July 2025 -1.1%

Jul '25 vs. Jul '24 (Jul '24: 1,491) +1.5%

Jul '25 vs. Jun '25 (Jun '25: 1,452)

3,510

July 2025

+33.7%

Jul '25 vs. Jul '24 (Jul '24: 2,625)

+0.3%

Jul '25 vs. Jun '25 (Jun '25: 3,501)

About Bright MLS

Bright MLS was founded in 2016 as a collaboration between 43 visionary associations and two of the nation’s most prominent MLSs to transform what an MLS is and what it does, so real estate pros and the people they serve can thrive today and into our datadriven future through an open, clear and competitive housing market for all. Bright is proud to be the source of truth for comprehensive real estate data in the Mid-Atlantic, with market intelligence currently covering six states (Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia) and the District of Columbia.

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