Best Tips for Sellers & Buyers

June 2017 Housing Market Update for Washington DC Metro Areas

Housing Market Updates by Natasha Lingle

June 2017 Housing Market Update for Washington DC Metro Areas

June Home Sales and Median Prices

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

  • The Washington D.C. Metro median sales price dropped slightly to $455,000 from last month’s record-setting $460,000 and ranks as the second-highest monthly price of the last twenty years.  It was a 2% or $9,000 increase over last year.
  • Sales volume across the DC Metro area was over $3.4 billion, up 5.8% from last year.
  • Closed sales of 6,142 were up 3.4% compared to last year and set an all-time high for the decade.
  • New contract activity of 5,961 dropped 0.3% compared to last year and 10.6% compared to last month’s record level of 6,668.
  • New listings of 7,802 were up 4.0% compared to last year but were down 3.5% compared to last month.  This was the highest June level of the decade.
  • Active listings of 10,481 are down 7.3% compared to last year, but are up 6.2% compared to last month. This is the 14th consecutive month of declines in year-over-year inventory levels.
  • The average percent of original list price received at sale in June was 98.5%
  • The median days-on-market for June 2017 was 12 days, two 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.

Your Step-by-Step Guide to Buying Your Dream Home

Enter your email to get your FREE Buyers’ Guide!
Get Your FREE Guide

Related Articles

Is Your Northern Virginia Home Radon Free? What Every Home Buyer and Seller Needs to Know About Radon Testing & Remediation

Buying a Home | Northern Virginia

From my experience, majority of home buyers and owners are unfamiliar with what Radon is and don’t know that it might be present in a home. After all, this invisible, odorless gas doesn’t really give itself away.

Read More

Vienna VA New Construction Homes: View Listings & Schedule Showings

Buying a Home | Inside Vienna VA

Whether you’re envisioning a modern condo, a stylish townhouse, or a luxurious single-family home, my professional MLS database offers an extensive collection of newly constructed properties with the most up-to-date information. Take advantage of advanced search filters, detailed property information, and stunning visuals to make informed decisions on your path to homeownership.

Read More

Buy New Home in McLean VA & Vienna VA: Insider Secrets to Buying New Construction Homes

Buying a Home | New Construction Homes

Looking to buy new home in Vienna & McLean, VA? Discover best pro tips. Get inside scoop from knowledgeable local agent. And browse new homes currently for sale.

Read More

The Benefits of a Builder’s Warranty: What You Need to Know

Buying a Home | New Construction Homes

New Doesn’t Always Mean Perfect Avoiding repairs and maintenance is a major reason for buying new homes. The buyers expect perfection, but very few new construction homes escape all problems in the first year. It can take a year of living in a new home and experiencing all of the seasonal changes to put the […]

Read More


Thinking about selling or buying? Just fill out the form below for a free no obligation consultation, and I’ll get right back to you. If you have an immediate question, please text or call me at (571) 455-0178.
Contact Me

Search Posts by Keyword

Meet The Agent

Natasha Lingle is an energetic and personable real estate professional with a proven track record of success representing home buyers, sellers and investors throughout Northern Virginia. Natasha is known for her deep knowledge of the local market, tenacity, strong negotiating skills, honesty and integrity. Whether providing expert guidance to buyers or creating custom marketing plans for the sellers, Natasha delivers the highest level of customer service to all her clients.

Learn More