What's Hot: The 5 Developments on the Boards For Buzzard Point | IKEA Opening Small Format, Delivery-Only Location in Pentagon City
North of $600,000: DC Home Prices Just Below Record-High in May

The latest housing report for the DC region continues to reinforce common themes from the past year, including rising home prices.
The median home price in the region in May increased $15,000 year-over-year to reach a record-high of $480,000, according to the latest monthly report from Brightly MLS.
In DC proper, prices eclipsed $600,000 for just the second time, coming in at $600,555 in May, just a few thousand dollars short of the record price of $603,375 set in June 2018.
UrbanTurf plucked out a handful of interesting stats for the market below.
story continues below
loading...story continues above
- $480,000 -- The median home price for the DC region in May, up $15,000 compared to last year and the highest median sales price of the decade.
- $342,000 -- The median home price for the region in May 2010.
- $600,555 -- The median home price for DC in May, just below the all-time record of $603,000, set last June.
- 99.4% -- The average percent of original list price received at sale in May.
- 5,688 -- The number of sales in the region in May, down 0.6 percent compared to last year.
See other articles related to: dc home prices, dc housing inventory, dc housing prices
This article originally published at https://dc.urbanturf.com/articles/blog/north-of-600000-dc-home-prices-just-below-record-high-in-june/15506.
Most Popular... This Week • Last 30 Days • Ever

The Townhomes at Michigan Park and Riggs Park Place are now selling their final homes... read »

The 650,000 square-foot project, designed by Adjaye Associates and Hickok Cole, will ... read »

The largest development on the boards for the H Street Corridor is planned for a fami... read »

The new development keeps humming along in DC's Buzzard Point.... read »

It is early in the year, but there are already a number of areas around DC where home... read »
- New, Move-In Ready Townhomes at EYA’s Northeast DC Neighborhoods
- A First Look at the Five-Building Centerpiece of the St. Elizabeth's Redevelopment
- 200-Unit Apartment Project Planned For Autozone Site Along the H Street Corridor
- The Stacks, Brooklyn Bowling and a Vermeer: The 5 Developments on the Boards for Buzzard Point
- DC's 14 Million-Dollar Neighborhoods in 2023
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. Visit guides.urbanturf.com or 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