Home | Newsletter | Advertise
loading...

Sales, Prices, Inventory Head North: A Few 2025 Housing Predictions

  • December 4th 2024

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

As an up and down year for the housing market winds down, forecasts are being made for what 2025 may bring. 

Bright MLS published its forecast for the DC-area and Mid-Atlantic housing markets on Wednesday, and we plucked out some of the more interesting predictions for the DC region.

Here are a few:

  • Home sales will rise about 8% in the DC region. This year, sales are essentially the same as 2023.
  • Home prices will rise. Bright predicts that median home prices in the region will increase 4.7% to $638,000. 
  • The inventory of homes for sale will rise by about 14%. 

"The picture for the housing market in 2025 is changing, though the path forward is not necessarily clear. There are positive signs that transaction activity will be higher in 2025; however, there are some challenges,"  Lisa Sturtevant, Bright MLS Chief Economist said. "There is a possibility of economic uncertainty growing in the coming year, and some individuals and families are going to feel less financially secure."

For the full report, click here. 

See other articles related to: dc area housing market, dc housing market

This article originally published at https://dc.urbanturf.com/articles/blog/sales_prices_inventory_head_north_a_few_2025_housing_predictions/22974.

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

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse