How does
the market look?
Market Highlights
The Washington, D.C. housing market continues to show resilience, with buyer activity remaining strong despite a slight slowdown in new listings and overall showings. As of July 19, 2026, there were 11,002 active listings, a modest 1.0% increase from the previous week, providing buyers with more options in the market.
The median list price stands at $599,900, down 5.4% from the previous week. At the same time, 9.3% of active listings have undergone price reductions, suggesting that sellers are adjusting pricing strategies to remain competitive in a changing market.
Buyer demand remains healthy, with 1,156 new purchase contracts signed during the week—an impressive 19.7% increase compared to the previous week. Homes also continue to sell at a steady pace, with the median time to contract improving to 33 days, three days faster than the week before.
New listings totaled 1,479, a 6.6% decline from the previous week, while showings decreased by 10.4% to 15,821. Although buyer traffic eased slightly, the increase in purchase contracts indicates that serious buyers remain active and are moving forward with transactions.
Market Outlook
The Washington, D.C. market is becoming more balanced as inventory gradually increases and sellers adjust pricing to meet market conditions. Buyers are gaining more opportunities to negotiate, particularly on properties that have experienced price reductions. Meanwhile, motivated and well-priced homes continue to attract strong interest and move under contract relatively quickly.
Overall, the market remains healthy, with steady buyer demand and improving inventory creating favorable conditions for both buyers seeking more choices and sellers who price their properties strategically.
