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$1.3 Trillion: The Reported Worth of DC-Area Real Estate

  • September 8th

by UrbanTurf Staff

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The national housing market has gained a tremendous amount of value in recent years, and a new report aims to quantify the increase.

The Zillow report released on Monday analyzes the aggregate value of residential real estate in each state and some of the largest metro areas. For the DC area, the housing market is worth $1.147 trillion, an increase of almost $150 billion in the last two years. 

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"Nine metro areas have housing markets worth more than $1 trillion, together holding nearly one-third of the nation’s housing wealth (31.9%): New York ($4.6 trillion), Los Angeles ($3.9 trillion), San Francisco ($1.9 trillion), Boston ($1.3 trillion), Washington, D.C. ($1.3 trillion), Miami ($1.2 trillion), Chicago ($1.2 trillion), Seattle ($1.1 trillion) and San Diego ($1.0 trillion)," the report stated. 

The total value of the U.S. housing stock hit $55 trillion in June 2025, a record high and a $20 trillion increase since before the pandemic. 

This article originally published at https://dc.urbanturf.com/articles/blog/13_trillion_the_reported_worth_of_dc-area_real_estate/23838.

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