Records All Over: The October Housing Market, By the Numbers
✉️ Want to forward this article? Click here.
The October housing market in the DC region was characterized by prices, specifically record home prices. From DC to Alexandria, prices across the region reached new highs last month, but as has been the case for most of the year, the rising prices are not dampening enormous buyer demand.
Below, UrbanTurf plucked out some of the more telling statistics from the October market.
story continues below
loading...story continues above
- $510,000 -- The median home price in the DC region in October, the highest level on record for the region.
- $675,000 -- The median home price for DC in October, the highest on record for the city.
- $1.1 million -- The median home price for single-family homes in October, the highest on record in DC.
- 24% -- Increase in home sales in the region between October 2019 and October 2020.
- 15 -- The number of neighborhoods in DC where the median home price exceeded $1 million in October.
- 1.53 -- The months of supply of active listings in October, a 17 percent year-over-year drop.
- 7 -- The median number of days that homes spent on the market in the region in October.
See other articles related to: dc area housing market, dc area market trends, dc home prices, dc housing market
This article originally published at https://dc.urbanturf.com/articles/blog/records-all-over-the-october-housing-market-by-the-numbers/17530.
Most Popular... This Week • Last 30 Days • Ever
This article discusses the variety of rental restrictions that may exist in condomini... read »
Today, UrbanTurf takes a look at the office-to-residential conversions on the boards ... read »
The new project is just the latest affordable development to move forward in DC.... read »
The beautiful four-story property, with three renovated units offering more than $200... read »
The nearly 12,000 square-foot McLean house of the former Washington Nationals pitcher... read »
- Understanding Rental Restrictions in Condominiums
- A Look At The 9 Office-To-Residential Conversions On The Boards in DC
- 11-Story, 46-Unit Development Pitched For A Pair Of Downtown DC Rowhouses
- Elegant Dupont Circle Rowhouse, Boasting Huge Rental Income Potential, Hits the Market
- Stephen Strasburg's McLean Home Sells For $8.55 Million
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