The Most Expensive Listings In The DC Metro Area

In May, the Washington, D.C. median sales price hit an all-time high of $460,000. As the Washington real estate market continues to reach new heights, we’re taking a closer look at the very top with this list of the most expensive listings in the area.

Prices for these properties range from $8,950,000 to $25,000,000, with 4 of the top 10 located in Georgetown. If you’re interested in how the DC Metro’s most expensive listings compare, check out our lists for the Baltimore Metro and Philadelphia Metro markets, as well.

0 Tamworth Farm Lane, Aldie, VA 20105 – List Price: $25,000,000
Listing courtesy of Long & Foster Real Estate, Inc.

5517 Pembroke Road, Bethesda, MD 20817 – List Price: $15,950,000
Listing courtesy of TTR Sotheby’s International Realty

36987 Mountville Road, Middleburg, VA 20117 – List Price: $15,550,000
Listing courtesy of Thomas & Talbot Real Estate

3306 O Street, Washington, DC, 20007 – List Price: $13,995,000
Listing courtesy of Washington Fine Properties, LLC

2815 Woodland Drive, Washington, DC 20008 – List Price: $11,500,000
Listing courtesy of Washington Fine Properties, LLC

9004 Congressional Court, Potomac, MD 20854 – List Price: $10,480,000
Listing courtesy of Long & Foster Real Estate, Inc.

5215 Edgemoor Lane, Bethesda, MD 20814 – List Price: $9,995,000
Listing courtesy of TTR Sotheby’s International Realty

3150 South Street, #PH2A, Washington, DC 20007: $9,950,000
Listing courtesy of TTR Sotheby’s International Realty

3245 N Street, Washington, DC 20007 – List Price: $8,995,000
Listing courtesy of TTR Sotheby’s International Realty

3053 P Street, Washington, DC, 20007 – List Price: $8,950,000
Listing courtesy of Compass Real Estate

Please note: The list provided includes active home listings, excluding new construction, as of 6/15/17. It excludes sales without seller permission to advertise or promote. Information should be independently verified.

* Natasha Lingle is a licensed Real Estate agent affiliated with KW Realty office based in Vienna VA/Tysons area. Natasha specializes in communities of Northern Virginia located just outside Washington D.C including Mclean VA, Great Falls VA, Arlington VA, Alexandria VA, Vienna VA, Oakton VA, Fairfax VA and Reston VA, Tysons, and Dunn Loring.

May 2017 Housing Market Update for Washington DC Metro Areas

The following analyses of the Washington, D.C. housing markets are based on April 2017 MRIS housing data.

The Washington D.C. Metro median sales price of $460,000 was up 7.0% or $30,000 compared to last year. This represents the all-time high for any month on record, topping the previous high of $446,000 reached in June 2016.

Sales volume across the DC Metro area was over $3.1 billion, up 9.7% from last May.

Closed sales of 5,620 were up 3.5% compared to last year and set a May high for the decade.

New contract activity of 6,668 was 4.4% above last year’s May record of 6,385.

New listings of 8,085 were up 8.7% compared to last year and up 5.5% compared to last month.

Active listings of 9,865 are down 10.9% compared to last year, but are up 3.3% compared to last month. This is the thirteenth consecutive month of declines in year-over-year inventory levels, and inventories are at the lowest May level since 2013.

The average percent of original list price received at sale in May was 98.8%, up from last year’s 98.3% and from last month’s 98.7%. This was the highest May level of the decade.

The median days-on-market for May 2017 was 10 days, 3 days lower than last year.

The DC Metro Area Housing Market Update provides unique insights into the state of the current housing market by measuring the number of new pending sales, trends by home characteristics, and key indicators through the most recent month compiled directly from Multiple Listing Service (MLS) data.

The DC Metro Area housing market includes: Washington, D.C., Montgomery County and Prince George’s County in Maryland, and Alexandria City, Arlington County, Fairfax County, Fairfax City, and Falls Church City in Virginia.

Month: June 2017