From 62,000 Sales to $11 Million: The DC Area Housing Market in 2022
Last year's housing market in the DC area started out one trajectory and ended on another. With 2022 in the rearview mirror, UrbanTurf breaks down a series of numbers that provide a picture of the market last year.
story continues below
loading...story continues above
- 62,356 -- The number of homes that sold in the DC region in 2022, down 22% from 2021.
- $556,000 -- The median home price in the DC region in 2022, the highest price on record.
- 58% -- The percentage of homes that sold in 10 days or less in the DC region.
- $11 million -- The sales price for the most expensive home sold in the region last year.
- 100.6% -- The average sales price to list price ratio for homes sold in the DC area.
- $42,000 -- The sales price for the least expensive home sold in DC last year.
- $655,000 - The median home price in DC proper, slightly lower than 2021.
- 24% -- The percentage of homes that sold for more than $1 million in DC.
Data above was provided by Bright MLS. Photo courtesy HomeVisit.
See other articles related to: dc area housing market, dc housing market
This article originally published at https://dc.urbanturf.com/articles/blog/from_62000_sales_to_11_million__the_dc_area_housing_market_in_2022/20505.
Most Popular... This Week • Last 30 Days • Ever
DC's homebuyer assistance programs can be a bit complex. This edition of First-Timer ... read »
When it comes to financing a home purchase, a 30-year mortgage is one of the most com... read »
Pocket listings are growing in popularity in the low-inventory market in the DC regio... read »
Plans for the development at a prominent DC intersection began nearly eight years ago... read »
The eight-bedroom, 35,000 square-foot home in McLean originally hit the market in 202... read »
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