Case-Shiller: DC Home Prices Rise Slightly
✉️ Want to forward this article? Click here.
The latest Case-Shiller report released this morning showed that seasonally-adjusted home prices increased in the DC area between December 2011 and January 2012, while falling slightly year-over-year. The index reported that national home prices decreased on a monthly basis (-0.8%) and annual basis (-3.8%).

January 2012
Between December 2011 and January 2012, home prices increased in every price tier for the DC area: the low tier (under $293,756), the middle tier (homes between $293,756 and $457,827) and the high tier (above $457,827).
The lay of the land for home prices in cities across the country was a little uneven at the beginning of 2012. From Case-Shiller:
In addition to the Composites, Dallas, Denver, Miami, Minneapolis, New York, Phoenix, San Diego, Seattle, Tampa and Washington DC saw their annual rates improve compared to December; while nine of the MSAs saw their annual returns worsen compared to what was reported for December 2011.
When considering the Case-Shiller findings, recall that the index is based on closed sales and home price data from several months ago. Another thing that is important to note is that the main index only covers single-family home prices, so co-op and condo prices are not included in the analysis that is widely reported. Chicago and New York City are two of the cities where Case-Shiller provides a separate index for condo prices, but DC does not have a similar index.
Lastly, and perhaps most importantly when considering the conclusions of the index, the area covered by Case-Shiller can only very loosely be described as the “DC area”. According to the site, the following cities are included: DC, Calvert MD, Charles MD, Frederick MD, Montgomery MD, Prince Georges MD, Alexandria City VA, Arlington VA, Clarke VA, Fairfax VA, Fairfax City VA, Falls Church City VA, Fauquier VA, Fredericksburg City VA, Loudoun VA, Manassas City VA, Manassas Park City VA, Prince William VA, Spotsylvania VA, Stafford VA, Warren VA, Jefferson WV.
See other articles related to: case-shiller, home prices
This article originally published at https://dc.urbanturf.com/articles/blog/case-shiller_dc_home_prices_rise_slightly/5336.
Most Popular... This Week • Last 30 Days • Ever

When you buy a home in the District, you will have to pay property taxes along with y... read »

In this article, UrbanTurf explores what renters insurance is and what it covers.... read »

The application filed with Montgomery County seeks to extend the validity of a plan t... read »

Even as the housing market has slowed this year in the DC region, there are still ple... read »

1834 16th Street NW was originally designed by one of the most influential architects... read »
- First-Timer Primer: Tax Relief for DC Homeowners
- What is Renter's Insurance?
- Are Plans For The Redevelopment of GEICO's Headquarters Inching Forward?
- 8 Days Or Less: The DC Neighborhoods Where Homes Are Selling Fastest
- A Gorgeous, Newly Renovated Victorian Hits the Market on the Avenue of the Presidents
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro