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Despite A Slow Summer, DC Home Sales Outpacing 2024

  • August 20th

by UrbanTurf Staff

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A home that sold on Capitol Hill earlier this year.

The housing market in DC proper has been subtly resilient this year, according to new data. 

A recent Bright MLS post reports that, so far in 2025, home sales in Washington, DC are outpacing 2024, despite a sluggish summer for the market. 

"The housing market in the District of Columbia has, so far, been more resilient than many of the region’s suburban markets," Bright stated. "Year-to-date, the number of new pending contracts in the District is tracking 3.4% higher than 2024, a faster pace than many other local jurisdictions."

Another data point that is illustrative of the DC market is the percentage of sellers that are dropping prices. In DC, approximately 5.5% of listings saw a price cut last week; in contrast, almost 10% of listings in the suburbs reduced prices.

The higher than expected pace of sales in the DC market appears to be tied to higher-priced listings.

"The relative strength of the District’s market is largely tied to the robustness of the luxury housing market, which has been outperforming the overall market all year."

This article originally published at https://dc.urbanturf.com/articles/blog/despite_a_slow_summer_dc_home_sales_outpacing_2024/23781.

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