WASHINGTON DC

HOUSING INVENTORY STATISTICS for
WASHINGTON DC
OCTOBER 2021

You will not find this information anywhere else. Median sale price of homes by Zip Code and City. Data from MLS. Prepared by TOBIN SEVEN, Principal Broker / Army Veteran.
Quick summary of WASHINGTON DC, NORTHERN VA and MARYLAND:
  • MARYLAND housing market is getting stronger---10.7% appreciation. Reason is due to low inventory of homes for sale in MARYLAND.
  • WASHINGTON DC has rebounded from negative appreciation to an annual increase of 4.4%.
  • NORTHERN VIRGINIA market experienced 8.5% annual increase.
Tobin's note: Median price of home today in WASHINGTON DC is $705,000. Same home 12 months ago would have cost $675,000. Increase of $30,000 over 12 months or a monthly increase of $2,500.
TOBIN SEVEN, Principal Broker, Army Veteran.
Licensed in Virginia, Maryland and DC. Eagle Scout
SEVEN REAL ESTATE ASSOCIATES
Veteran Owned and Operated. 
Cell (703) 327-6800
Below, are links to useful Housing information. For DMV (DC, Maryland and Virginia).
See below. Almost all Buyers (97%) use Internet in home search process. Newpapers are out!
See below. Buyers usually find Home they are going to buy---through their own Internet searches.
See chart below: WASHINGTON DC (see below). Supply of homes for sale is now at a 2.5 month's supply---which is a healthy number.
See "gold" and "orange" dials below. SUMMARY: BUYER'S Market.


See chart below. Sales are down from last year. Reason for decline---WASHINGTON DC market does not have enough homes for sale.
See chart below. WASHINGTON DC home prices are rebounding from previous 2 months showing decline in home values.
See chart below---by Zip Code and Corresponding City
The 22 zip codes/communities in WASHINGTON DC experienced a "turn-around". Prior months saw a 3% to 4% DECLINE in median sales price. October saw a "turn-around" with a modest 4.4% increase in sale price in past 12 months.
Past monthly, Housing statistics for Northern Virginia, Maryland and DC can be found at: www.DMVhousingStats.com archive goes back several years.






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Regards,
TOBIN SEVEN, Principal Broker (Realtor) / Army Veteran --- Licensed in Virginia, DC and Maryland. Eagle Scout.
SEVEN REAL ESTATE ASSOCIATES LLC is Veteran Owned and Operated.
Voted Top 8% of all Real Estate Agents in USA (2021 - 2018)
Cell: (703) 327-6800
Website: www.SoldBySeven.com,