What's Hot: A Look At The Renters Moving In And Out Of DC
The Housing Market Wakes Up
✉️ Want to forward this article? Click here.
Our recent heat wave and budding flora don’t just serve as reminders of the imminent Cherry Blossom Festival: our housing market is also about to wake up from its winter hibernation.
Readers know that the housing market ramps up in the spring. If you’re interested in digging deeper into the patterns, Trulia Trends (previously known as Trulia Insights) just published an extensive seasonal analysis.
Jed Kolko, Trulia’s Chief Economist, analyzed five measures — search activity, asking prices, new construction starts, existing home sales, and housing inventory — using data from Trulia, the Census, the National Association of Realtors, and the Department of Numbers. Check out this awesome chart:

Courtesy of Trulia Trends
From Trulia Trends:
What do these patterns tell us? Homebuyers are a little ahead of sellers. Asking prices peak at the start of the season, so demand appears to rise ahead of supply. As supply catches up, prices ease back down and sales peak. After that, inventories build up a bit further through the summer.
In the District, Kolko tells UrbanTurf, our inventory peaks in June and July, following the national seasonal pattern. Our asking price pattern varies slightly, with a later peak and a dip in August, a month of rest (and extreme humidity) for most of the city.
Harsh weather, unsurprisingly, affects the buying season. With our mild winter and early spring, we’ve heard from local real estate agents that DC’s housing market got busy a little earlier than usual this year.
See other articles related to: housing market trends, trulia insights, trulia trends
This article originally published at https://dc.urbanturf.com/articles/blog/the_housing_market_wakes_up/5297.
Most Popular... This Week • Last 30 Days • Ever

This week’s Best New Listings includes a well-preserved home that hasn't been on th... read »

The redevelopment of Mazza Gallerie is nearly complete.... read »

While the buildings at The Wharf are generally all finished, there are still a couple... read »

Approximately 34% of renters in the DC region are looking for rentals in other metro ... read »

The DC region has yet to see a surge of new listings hit the market in the face of fe... read »
- Best New Listings: On The Market For The First Time in 50 Years
- 321-Unit Friendship Heights Project Begins Pre-Leasing, Total Wine To Open This Summer
- The Final Two Developments On The Boards Around The Wharf
- A Look At The Renters Moving In And Out Of DC
- DC-Area Housing Market Slowed In February, Fewer Homes Hit The Market
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