More Than 1 in 4 Home Sales In DC In 2025 Has Been All Cash
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DC is seeing the number of homes sell in all-cash transactions continue to rise.
Approximately 2,600 homes sold in the city in the first five months of 2025 — and 27% of those listings went to buyers paying all cash. The proportion of homes selling in all-cash transactions has risen over the years -- from 17% in 2018-2020 to close to 25% in 2021-2024 to 27% this year.
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The increase in cash sales could be the result of a number of factors including high interest rates, as well as wealthier buyers are opting to pay cash rather than get a mortgage.
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The all-cash neighborhoods in DC are largely some of the priciest, with three of the top five coming in neighborhoods where the median home price exceeds $1 million.
Below is a sampling of DC neighborhoods and the percentage of all-cash transactions so far this year:
- West End: 71 percent
- Georgetown: 56 percent
- Spring Valley: 50 percent
In this article, the term “home” is defined as any single-family house, condo or co-op that sold in the city in 2025. Photo by Studio Trejo.
See other articles related to: all-cash sales, cash sales in dc
This article originally published at https://dc.urbanturf.com/articles/blog/more_than_1_in_4_home_sales_in_dc_in_2025_has_been_all_cash/23596.
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