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The Return of Supply And Four Other Interesting Stats From The February Housing Market
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The main story for the DC region's housing market in February was the supply of homes for sale, or lack thereof. But there were a few other metrics that stood out as well. Below, UrbanTurf plucked out some of the more telling statistics from the market last month.
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- 5.5% -- How much the inventory of homes for sale rose in the DC region in February.
- -2.5% -- How much the inventory of detached homes fell in February.
- 10 -- The median number of days that homes are spending on the market, down from 20 days last year.
- $560,000 -- The median home price in the DC region in February, 5% higher than a year ago.
- -2% -- The drop in pending home sales compared to February 2023.
Photo courtesy of HomeVisit.
This article originally published at https://dc.urbanturf.com/articles/blog/the_return_of_supply_and_4_other_interesting_stats_from_the_february_housin/22071.
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